Willis stock lags as company surprises the market with Hess CEO appointment
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Willis stock lags as company surprises the market with Hess CEO appointment

Jairo Ibarra
August 16, 2021
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Willis Towers Watson’s shares fell and underperformed its peer companies as the market digested its announcement that Carl Hess, its current head of investment, risk and reinsurance, will succeed John Haley as CEO.

The company’s shares weakened by as much as 1%, before recovering to be -0.2% at close – but lagged peers following the announcement.

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Jairo Ibarra
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