WILLIS TOWERS WATSON PLC shareholders approved Approval of WTW Amended and Restated Employee Share Purchase Plan at the 2026-05-20 meeting.
“The shareholders approved the WTW Amended and Restated Employee Share Purchase Plan (the “Plan”) as set forth in the Company’s Proxy Statement for the 2026 AGM, including the increase of the number of shares authorized for issuance under the Plan, among other amendments.”
Shareholder Votes
WILLIS TOWERS WATSON PLC shareholders approved Renewal of authority to opt out of statutory pre-emption rights under Irish law at the 2026-05-20 meeting.
“The shareholders approved the renewal of the Board’s existing authority to opt out of statutory pre-emption rights under Irish law, for rights issues and, separately, for issuances up to approximately 20% of the Company’s issued ordinary share capital.”
Shareholder Votes
WILLIS TOWERS WATSON PLC shareholders approved Renewal of authority to issue shares under Irish law at the 2026-05-20 meeting.
“The shareholders approved the renewal of the Board’s existing authority to issue shares under Irish law, up to approximately 20% of the Company’s issued ordinary share capital.”
Shareholder Votes
WILLIS TOWERS WATSON PLC shareholders approved Advisory vote on compensation of named executive officers at the 2026-05-20 meeting.
“The shareholders approved, on an advisory, non-binding basis, the compensation of the Company’s named executive officers as disclosed in the Company’s Proxy Statement for the 2026 AGM in accordance with the U.S. Securities and Exchange Commission’s rules, including the “Compensation Discussion and Analysis,” the “Summary Compensation” table and the related tables and disclosure.”
Shareholder Votes
WILLIS TOWERS WATSON PLC shareholders approved Ratification of Deloitte & Touche LLP and Deloitte Ireland LLP as auditors and authorization to fix remuneration at the 2026-05-20 meeting.
“The shareholders ratified, on an advisory, non-binding basis, the selection of (i) Deloitte & Touche LLP to audit the Company’s financial statements and (ii) Deloitte Ireland LLP to audit the Company’s Irish Statutory Accounts, and authorized, in a binding vote, the Company’s Board of Directors (the “Board”), acting through the Audit Committee, to fix the independent auditors’ remuneration.”
Shareholder Votes
WILLIS TOWERS WATSON PLC shareholders approved Election of Directors at the 2026-05-20 meeting.
“DIRECTOR FOR AGAINST ABSTAIN BROKER NON-VOTES Dame Inga Beale 84,422,849 74,662 62,768 2,864,572 Fumbi Chima 83,829,769 663,997 66,513 2,864,572 Stephen Chipman 84,452,422 41,332 66,525 2,864,572 Michael Hammond 84,363,474 131,551 65,254 2,864,572 Carl Hess 84,450,740 50,192 59,347 2,864,572 Jacqueline Hunt 83,851,553 643,629 65,097 2,864,572 Paul Reilly 81,781,129 2,611,803 167,347 2,864,572 Michelle Swanback 83,696,857 777,938 85,484 2,864,572 Fredric Tomczyk 83,799,124 695,756 65,399 2,864,572 The shareholders ratified, on an advisory, non-binding basis, the selection of (i) Deloitte & Touche LLP to audit the Company’s financial statements and (ii) Deloitte Ireland LLP to audit the Company’s Irish Statutory Accounts, and authorized, in a binding vote, the Company’s Board of Directors (the “Board”), acting through the Audit Committee, to fix the independent auditors’ remuneration.”
Earnings Releases
WILLIS TOWERS WATSON PLC reported first quarter ended March 31, 2026 results: revenue $2,412, net income $303 million, EPS $3.10.
“value, and we remain confident in delivering our full-year commitments.” Consolidated Results A s reported, USD millions, except % Key Metrics Q1-26 Q1-25 Y/Y Change Revenue 1 $2,412 $2,223 Reported 8% | CC 4% | Organic 3% Income from Operations $448 $432 4% Operating Margin % 18.6% 19.4% (80) bps Adjusted Operating Income $537 $480 12% Adjusted Operating”
Material Agreements
WILLIS TOWERS WATSON PLC entered into Term Loan Credit Agreement with JPMorgan Chase Bank, N.A. valued at $775,000,000 (effective 2026-01-07).
“On January 7, 2026, Willis Towers Watson Public Limited Company (“WTW”), together with its wholly owned subsidiary, Trinity Acquisition plc, a limited company formed under the laws of England and Wales (“TA”) and TA’s indirect wholly owned subsidiary, Willis North America Inc., a Delaware corporation (“WNA” and together with TA, the “Borrowers”) entered into a $775,000,000 delayed draw term loan facility (the “Credit Facility”).”
Debt Financings
WILLIS TOWERS WATSON PLC incurred term loan of $775,000,000 delayed draw term loan facility with JPMorgan Chase Bank, N.A. at Term SOFR rate plus an applicable margin of 0.625% to 1.250% maturing the earlier of (i) the third anniversary of the initial borrowing of loans under the Credit Facility and (ii) the third anniversary of the date that is two mont.
“On January 7, 2026, Willis Towers Watson Public Limited Company (“WTW”), together with its wholly owned subsidiary, Trinity Acquisition plc, a limited company formed under the laws of England and Wales (“TA”) and TA’s indirect wholly owned subsidiary, Willis North America Inc., a Delaware corporation (“WNA” and together with TA, the “Borrowers”) entered into a $775,000,000 delayed draw term loan facility (the “Credit Facility”).”
Material Agreements
WILLIS TOWERS WATSON PLC entered into Ninth Supplemental Indenture with Computershare Trust Company, National Association (effective 2025-12-22).
“The Notes were issued pursuant to a base indenture, as amended, supplemented or otherwise modified from time to time, dated as of May 16, 2017, among the Issuer, the Guarantors and Computershare Trust Company, National Association (the “Trustee”), as successor to Wells Fargo Bank, National Association, as trustee, as amended by the ninth supplemental indenture, dated as of December 22, 2025, among the Issuer, the Guarantors and the Trustee.”
Debt Financings
WILLIS TOWERS WATSON PLC incurred revolving credit of $1,500,000,000 with Barclays Bank PLC, as administrative agent at Term Benchmark or Daily Simple RFR plus 0.750% to 1.375% for Term Benchmark loan maturing October 17, 2030.
“Willis Towers Watson Public Limited Company (“WTW”), together with its wholly owned subsidiary, Trinity Acquisition plc (“TA”) and its indirect subsidiary, Willis North America Inc., a Delaware corporation (“WNA” and together with TA, the “Borrowers”) entered into a $1,500,000,000 revolving credit facility (the “Credit Facility”), that will mature on October 17, 2030”
Paul Reilly was appointed as Non-Executive Chair at WILLIS TOWERS WATSON PLC.
“The Board has selected Paul Reilly, an independent director of the Board, to become the Non-Executive Chair of the Board effective as of the conclusion of the 2025 AGM, subject to his re-election.”
Paul Thomas departed as Non-Executive Chair at WILLIS TOWERS WATSON PLC.
“Paul Thomas, the current Non-Executive Chair of the Board of Directors (the “Board”) of Willis Towers Watson Public Limited Company (the “Company”), informed the Board that he intends to retire at the end of his current term and will not stand for reelection at the Company’s 2025 Annual Meeting of Stockholders (“AGM”).”
Restructurings & Charges
WILLIS TOWERS WATSON PLC announced a impairment with charges of $1.6 billion to $2.1 billion affecting TRANZACT Business.
“the Company currently expects to record in the third quarter non-cash pre-tax losses and related impairment charges estimated to be between $1.6 billion to $2.1 billion, which reflect a write-down of the net assets of the TRANZACT Business in order to adjust them to fair value (less estimated transaction costs), pursuant to held-for-sale accounting, and a write-down of goodwill at the Benefits, Delivery & Administration reporting unit”
Earnings Releases
WILLIS TOWERS WATSON PLC reported first quarter ended March 31, 2024 results: revenue $2,341, net income $194, EPS $1.83.
“by our focus on strategic growth initiatives and operating efficiency.” Consolidated Results A s reported, USD millions, except % Key Metrics Q1-24 Q1-23 Y/Y Change Revenue 1 $2,341 $2,244 Reported 4% | CC 4% | Organic 5% Income from Operations $280 $285 (2)% Operating Margin % 12.0% 12.7% (70) bps Adjusted Operating Income $483 $418 16% Adjusted Operating”
Earnings Releases
WILLIS TOWERS WATSON PLC reported year ended December 31, 2023 results: revenue $9,483, net income $1,064, EPS $9.95.
“Full Year 2023, as reported, USD millions, except % Key Metrics FY-23 FY-22 Y/Y Change Revenue 1 $9,483 $8,866 Reported 7% | CC 7% | Organic 8% Income from Operations $1,365 $1,178 16% Operating Margin % 14.4% 13.3% 110 bps Adjusted Operating Income $2,082 $1,851 12% Adjusted Operating Margin % 22.0% 20.9% 110 bps Net Income $1,064 $1,024 4% Adjusted Net Income $1,536 $1,507 2% Diluted EPS $9.95 $8.98 11% Adjusted Diluted EPS $14.49 $13.41 8%”
Earnings Releases
WILLIS TOWERS WATSON PLC reported fourth quarter ended December 31, 2023 results: revenue $2,914, net income $623, EPS $5.97.
“Key Metrics Q4-23 Q4-22 Y/Y Change Revenue 1 $2,914 $2,722 Reported 7% | CC 6% | Organic 6% Income from Operations $779 $708 10% Operating Margin % 26.7% 26.0% 70 bps Adjusted Operating Income $998 $882 13% Adjusted Operating Margin % 34.2% 32.4% 180 bps Net Income $623 $593 5% Adjusted Net Income $775 $689 12% Diluted EPS $5.97 $5.40 11% Adjusted Diluted EPS $7.44 $6.33 18%”
Earnings Releases
WILLIS TOWERS WATSON PLC reported the third quarter ended September 30, 2023 results: revenue $2.2 billion, net income $139 million, EPS $1.29.
“EX-99.1 (PRESS RELEASE) --- EX-99.1 2 exh_991.htm PRESS RELEASE EdgarFiling EXHIBIT 99.1 WTW Reports Third Quarter 2023 Earnings Revenue 1 increased 11% for the quarter to $2.2 billion, with organic growth of 9% Diluted Earnings per Share were $1.29 for the quarter, down 25% from prior year Adjusted Diluted Earnings per Share were $2.24 for the quarter, up 2%”
Earnings Releases
WILLIS TOWERS WATSON PLC reported the second quarter ended June 30, 2023 results: revenue Revenue was $2.16 billion, net income Net Income for the second quarter of 2023 was $96 million, EPS Diluted Earnings per Share were $0.88 for the quarter. Guidance lowered.
“basis except where stated otherwise. This excludes reinsurance revenue which is reported in discontinued operations. The segment discussion is on an organic basis. Revenue was $2.16 billion for the second quarter of 2023, an increase of 6% as compared to $2.03 billion for the same period in the prior year. Excluding the impact of foreign currency, revenue increased”
Lucy Clarke was appointed as president, Risk & Broking at WILLIS TOWERS WATSON PLC.
“upon the arrival of Lucy Clarke as president, Risk & Broking”
Adam Garrard changed role as chairman, Risk and Broking at WILLIS TOWERS WATSON PLC.
“Adam Garrard will assume the role of chairman, Risk and Broking”
Shareholder Votes
WILLIS TOWERS WATSON PLC shareholders approved Renewal of authority to opt out of statutory pre-emption rights under Irish law at the 2023-05-17 meeting.
“The shareholders approved the renewal of the directors’ existing authority to opt out of statutory pre-emption rights under Irish law for rights issues and, separately, for issuances up to approximately 10% of the Company’s issued ordinary share capital.”
Shareholder Votes
WILLIS TOWERS WATSON PLC shareholders approved Renewal of authority to issue shares up to ~20% of issued capital at the 2023-05-17 meeting.
“The shareholders approved the renewal of the directors’ existing authority to issue shares under Irish law up to approximately 20% of the Company’s issued ordinary share capital.”
Shareholder Votes
WILLIS TOWERS WATSON PLC shareholders approved Advisory vote on frequency of say-on-pay votes (recommended every year) at the 2023-05-17 meeting.
“The shareholders recommended, on an advisory non-binding basis, that the advisory vote on the Company’s named executive officer compensation be held every year.”
Shareholder Votes
WILLIS TOWERS WATSON PLC shareholders approved Advisory vote on compensation of named executive officers at the 2023-05-17 meeting.
“The shareholders approved, on an advisory, non-binding basis, the compensation of the Company’s named executive officers as disclosed in the Company’s Proxy Statement for the 2023 AGM in accordance with the U.S. Securities and Exchange Commission’s rules, including the “Compensation Discussion and Analysis,” the “Summary Compensation” table and the related tables and disclosure.”
Shareholder Votes
WILLIS TOWERS WATSON PLC shareholders approved Ratification of selection of Deloitte & Touche LLP and Deloitte Ireland LLP as auditors, and authorization to fix remuneration at the 2023-05-17 meeting.
“The shareholders ratified, on an advisory, non-binding basis, the selection of (i) Deloitte & Touche LLP to audit the Company’s financial statements and (ii) Deloitte Ireland LLP to audit the Company’s Irish Statutory Accounts, and authorized, in a binding vote, the Company’s Board of Directors, acting through the Audit and Risk Committee, to fix the independent auditors’ remuneration.”
Shareholder Votes
WILLIS TOWERS WATSON PLC shareholders approved Election of Directors at the 2023-05-17 meeting.
“The shareholders elected each of the director nominees, who are named in the table below, to serve as directors effective as of the date of the 2023 AGM until the next annual general meeting of shareholders or until his/her successor is elected and qualified.”
Material Agreements
WILLIS TOWERS WATSON PLC entered into Sixth Supplemental Indenture with Computershare Trust Company, National Association valued at $750,000,000 aggregate principal amount (effective 2023-05-17).
“The Notes were issued pursuant to a base indenture, as amended, supplemented or otherwise modified from time to time, dated as of May 16, 2017, among the Issuer, the Guarantors and Computershare Trust Company, National Association (the “Trustee”), as successor to Wells Fargo Bank, National Association, as trustee, as amended by the sixth supplemental indenture, dated as of May 17, 2023, among the Issuer, the Guarantors and the Trustee (the “Sixth Supplemental Indenture”).”
Earnings Releases
WILLIS TOWERS WATSON PLC reported the first quarter ended March 31, 2023 results: revenue $2,244, net income $206 million, EPS $1.88.
“ourselves to be resilient in a complex risk and economic environment.” Consolidated Results As reported, USD millions, except % Key Metrics Q1-23 Q1-22 Y/Y Change Revenue 1 $2,244 $2,160 Reported 4% | CC 7% | Organic 8% Income from Operations $285 $179 59% Operating Margin % 12.7% 8.3% 440 bps Adjusted Operating Income $418 $371 13% Adjusted Operating”
Earnings Releases
WILLIS TOWERS WATSON PLC reported full year ended December 31, 2022 results: revenue $8,866, net income $1.0 billion, EPS $8.98. Guidance raised.
“quarter used in calculating adjusted diluted earnings per share was 22.2%. Full Year 2022, as reported, USD millions, except % Key Metrics FY-22 FY-21 Y/Y Change Revenue 1 $8,866 $8,998 Reported (1)% | CC 2% | Organic 4% Income from Operations 3 $1,178 $2,202 (47)% Operating Margin % 3 13.3% 24.5% (1,120) bps Adjusted Operating Income $1,851 $1,791 3%”
Earnings Releases
WILLIS TOWERS WATSON PLC reported the fourth quarter ended December 31, 2022 results: revenue $2,722, net income $593 million, EPS $5.40.
“flow conversion and achieving our long-term goals.” Consolidated Results Fourth Quarter 2022, as reported, USD millions, except % Key Metrics Q4-22 Q4-21 Y/Y Change Revenue 1 $2,722 $2,706 Reported 1% | CC 4% | Organic 5% Income from Operations $708 $690 3% Operating Margin % 26.0% 25.5% 50 bps Adjusted Operating Income $882 $871 1% Adjusted Operating Margin”
Linda Rabbitt departed as Director at WILLIS TOWERS WATSON PLC.
“two current directors, Mr. Brendan O'Neill and Ms. Linda Rabbitt, gave notice to the Company that they will not be standing for re-election at the Company's next Annual General Meeting, to be held in the second quarter of 2023.”
Brendan O'Neill departed as Director at WILLIS TOWERS WATSON PLC.
“two current directors, Mr. Brendan O'Neill and Ms. Linda Rabbitt, gave notice to the Company that they will not be standing for re-election at the Company's next Annual General Meeting, to be held in the second quarter of 2023.”
Fredric Tomczyk was appointed as Director at WILLIS TOWERS WATSON PLC.
“On December 7, 2022, the Board of Directors (the "Board") of Willis Towers Watson (the "Company") appointed Mr. Stephen Chipman, Ms. Jackie Hunt, and Mr. Fredric Tomczyk to the Board, each with a start date effective April 1, 2023.”
Jackie Hunt was appointed as Director at WILLIS TOWERS WATSON PLC.
“On December 7, 2022, the Board of Directors (the "Board") of Willis Towers Watson (the "Company") appointed Mr. Stephen Chipman, Ms. Jackie Hunt, and Mr. Fredric Tomczyk to the Board, each with a start date effective April 1, 2023.”
Stephen Chipman was appointed as Director at WILLIS TOWERS WATSON PLC.
“On December 7, 2022, the Board of Directors (the "Board") of Willis Towers Watson (the "Company") appointed Mr. Stephen Chipman, Ms. Jackie Hunt, and Mr. Fredric Tomczyk to the Board, each with a start date effective April 1, 2023.”
Earnings Releases
WILLIS TOWERS WATSON PLC reported the third quarter ended September 30, 2022 results: revenue $1,953, net income $192 million, EPS $1.72.
“margins and create value for our shareholders over the long-term.” Consolidated Results As reported, USD millions, except % Key Metrics Q3-22 Q3-21 Y/Y Change Total Revenue 1 $1,953 $1,973 Reported (1)% | CC 4% | Organic 6% Income from Operations 2 $154 $1,131 (86)% Operating Margin % 2 7.9% 57.3% (4,940) bps Adjusted Operating Income $284 $264 8% Adjusted”
Paul Thomas was appointed as Non-Executive Chair at WILLIS TOWERS WATSON PLC.
“The Board has also appointed Paul Thomas to serve as the next Non-Executive Chair of the Board, succeeding Victor Ganzi at the conclusion of his term at the 2022 AGM.”
Victor Ganzi departed as Director at WILLIS TOWERS WATSON PLC.
“As previously announced in November, Victor Ganzi had given notice that he will not be standing for re-election to the Board at the 2022 AGM.”
Wilhelm Zeller departed as Director at WILLIS TOWERS WATSON PLC.
“On December 28, 2021, each of Anna Catalano, Wendy Lane and Wilhelm Zeller provided notice to Willis Towers Watson Public Limited Company (the “Company”) that they had definitively concluded that they will not be standing for re-election to the Board of Directors (the “Board”) at the 2022 Annual General Meeting of Shareholders (“AGM”).”
Wendy Lane departed as Director at WILLIS TOWERS WATSON PLC.
“On December 28, 2021, each of Anna Catalano, Wendy Lane and Wilhelm Zeller provided notice to Willis Towers Watson Public Limited Company (the “Company”) that they had definitively concluded that they will not be standing for re-election to the Board of Directors (the “Board”) at the 2022 Annual General Meeting of Shareholders (“AGM”).”
Anna Catalano departed as Director at WILLIS TOWERS WATSON PLC.
“On December 28, 2021, each of Anna Catalano, Wendy Lane and Wilhelm Zeller provided notice to Willis Towers Watson Public Limited Company (the “Company”) that they had definitively concluded that they will not be standing for re-election to the Board of Directors (the “Board”) at the 2022 Annual General Meeting of Shareholders (“AGM”).”
John Haley departed as other_named_officer at WILLIS TOWERS WATSON PLC.
“On December 6, 2021, the Committee also approved, with the full Board ratifying, a 2021 STI award for Mr. John Haley who is departing the Company on December 31, 2021.”
Carl Hess was appointed as Chief Executive Officer at WILLIS TOWERS WATSON PLC.
“On December 6, 2021, the Compensation Committee (the “Committee”) of Willis Towers Watson Public Limited Company (the “Company”) approved, with the full Board of Directors ratifying, a 2022 Long-Term Incentive (“LTI”) Compensation award target for Mr. Carl Hess of $7.25 million in connection with his appointment to Chief Executive Officer of the Company, effective January 1, 2022.”
Victor Ganzi departed as Director at WILLIS TOWERS WATSON PLC.
“Mr. Victor Ganzi will continue to serve as a member of the Board and as Chair through the end of his current Board term, which runs until the 2022 annual meeting of shareholders, and he has decided not to stand for re-election to the Board.”
Jaymin Patel departed as Director at WILLIS TOWERS WATSON PLC.
“Mr. Jaymin Patel has decided to step down from the Board on January 1,2022”
John Haley departed as Director at WILLIS TOWERS WATSON PLC.
“John Haley steps down from the Board at the end of his contract term.”
Carl Hess was appointed as Chief Executive Officer at WILLIS TOWERS WATSON PLC.
“Carl Hess will join the Board on January 1, 2022 when he becomes Chief Executive Officer and John Haley steps down from the Board at the end of his contract term.”
Michelle Swanback was appointed as Director at WILLIS TOWERS WATSON PLC.
“announced its appointments of Ms. Inga Beale, Ms. Fumbi Chima, Mr. Michael Hammond, and Ms. Michelle (Shelly) Swanback to the Board, with such appointments effective January 1, 2022 in the case of Ms. Beale, Mr. Hammond and Ms. Swanback, and April 1, 2022, in the case of Ms. Chima.”
Michael Hammond was appointed as Director at WILLIS TOWERS WATSON PLC.
“announced its appointments of Ms. Inga Beale, Ms. Fumbi Chima, Mr. Michael Hammond, and Ms. Michelle (Shelly) Swanback to the Board, with such appointments effective January 1, 2022 in the case of Ms. Beale, Mr. Hammond and Ms. Swanback, and April 1, 2022, in the case of Ms. Chima.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.