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Daily Insurance Industry News
Tuesday 21st of November 2017
February 29, 2008

Plumeri to stay at Willis until 2011

by Richard Kilner

Story link: Plumeri to stay at Willis until 2011

The contract of Willis’ chairman and chief executive officer has been extended.

Joseph Plumeri’s employment agreement was originally set to end in late 2009, but under the new contract he will remain in place as the firm’s head until April 2011.

Willis has released a statement in which is states that the extension of employment would enable Plumeri to supervise the full implementation of its strategic plan aimed at delivering profitable growth.

The plan includes financial targets for 2010, a year after the original ending of Plumeri’s employment.

It was in March 2007 that his term of employment was extended to 2009.

 

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