WTW
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The executive resigns from his role as global broking head for facultative natural resources.
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The departures come as Aon works to close its takeover and as an anticipated upstream sector recovery stalls.
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The performance of the entire enterprise is given greater overall weighting across all executive officers when calculating pay-outs.
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The broker notes a swift transition after years of soft conditions. -
Johnny Wadhams has moved to the broker from Chubb, where he was chief underwriting officer for aviation.
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The acquisition will help scale its platform, modernise its products and explore acquisition opportunities.
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The newly formed regional operation covers Sweden, Finland, Denmark and Norway.
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The broker is accused of failing to disclose material financial information about the deal.
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Members will work with the existing integration leadership team.
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Willis retention pool revealed as a minimum of $125mn, with scope for additional funds to be signed off by Aon.
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The extensive negotiations started at 0.99 Aon shares for each Willis share, and ended at 1.08, according to proxy documents.
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Broker report models optimistic, moderate, severe and extreme outcomes from pandemic.
