In 2023, Carl Hess earned $3.28M in total compensation at Willis Towers Watson, including $1.00M salary and $1.77M in stock. Most recently acquired 77 shares in Jan 2025. Currently holds stock worth $30.96M. 3+ years at the helm of Willis Towers Watson.
Compensation History
Annual executive compensation data for Carl Hess, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.28M
Salary
$1.00M
Bonus
$0.00
Other
$512.64K
Salary
$1.00MBoard Justification
The compensation philosophy for the NEOs balances several important considerations, including maintaining a strong alignment between NEO and high performing broad-based colleague payouts, market practice, retention, and rewarding performance as the Company executes on its strategic vision.
Bonus
$0.00Board Justification
No bonuses were paid to any of the NEOs during 2023.
Other Compensation
$512.64KBoard Justification
Includes Company contributions to retirement plans and other personal benefits.
Restricted Stock
Board Justification
7,698 shares of RSUs vested in 2023, with a value of $1,770,816.
Performance Metrics
The performance metrics for the CEO's compensation in 2023 included Adjusted Net Revenue, Adjusted Operating Margin, and Free Cash Flow.
Carl Hess
CEO of Willis Towers Watson
Education
Bachelor's degree in Finance from the University of Illinois; MBA from the University of Chicago
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
May 1, 1970 - 55 years ago
CEO of Willis Towers Watson for
3 years 11 months (Jan 2022 - Present)
Previous Experience
Chief Operating Officer, Willis Towers Watson; various leadership positions at Aon
Other Willis Towers Watson CEOs
Holdings
Track Carl Hess's stock holdings and portfolio value over time.
Insider Trading
Carl Hess's recent stock transactions, purchases, and sales filed with the SEC.
77.136 shares
WTW
Jan 15, 2025
Received
84.644 shares
WTW
Oct 15, 2024
Received
60.229 shares
WTW
Jul 15, 2024
Received
55.274 shares
WTW
Apr 15, 2024
Received
7,771 shares
WTW
Apr 1, 2024
Received
4,213 shares
WTW
Feb 27, 2024
Received
31.487 shares
WTW
Jan 16, 2024
Received
35.844 shares
WTW
Oct 16, 2023
Received
49.941 shares
WTW
Jul 17, 2023
Received
15.86 shares
WTW
Apr 17, 2023
Received
Rivals
Compare Carl Hess with competitor CEOs and industry peers.
J. Patrick Gallagher, Jr.
CEO of Arthur J. Gallagher
2023 Compensation
Stock
$3.99M
Salary
$1.30M
Bonus
$0.00
Other
$2.93M
Total Holdings
$29.23M
Gregory C. Case
CEO of Aon plc
2023 Compensation
Stock
$62.08M
Salary
$1.50M
Bonus
$2.55M
Other
$674.49K
Total Holdings
$216.70M
Daniel S. Glaser
CEO of Marsh & McLennan Companies
2023 Compensation
Stock
$5.78M
Salary
$1.40M
Bonus
$6.00M
Other
$329.85K
Total Holdings
$10.17M