Insurance broker Willis Group Holdings Plc. has announced the departure of Martin Sullivan, the group’s deputy chairman, and chairman and CEO of the Willis Global Solutions unit. Sullivan will be leaving the firm in May of 2013, after a transition, to pursue other interests.
Following his departure, Willis Group’s corporate governance will be streamlined to include the CEO, deputy CEO and non-executive chairman, supported by the Willis Group Operating Committee. Deputy CEO Steve Hearn, in his role as CEO of Willis Global, will lead the Global Solutions unit.
“Martin joined Willis as our Deputy Chairman at a time when we were determined to establish a deeper penetration among the world’s largest accounts,” says Willis Group CEO Dominic Casserley. “We are grateful for Martin’s service to our firm and the success that he and his team have enjoyed, and we intend to carry it forward.”
