WTW welcomes Lucy Clarke as president, Risk & Broking

Rhea-AI Summary

WTW (NASDAQ: WTW) has announced key leadership changes in its Risk & Broking segment. Lucy Clarke joins as president, Risk & Broking, reporting to CEO Carl Hess, while Adam Garrard assumes the new role of chairman, Risk & Broking. The segment comprises over 14,000 colleagues serving 140 countries and markets globally.

Clarke, with 25 years of industry experience, most recently served as president of Marsh Specialty and Global Placement. Her appointment is expected to drive WTW's strategic priorities, enhancing specialization, digitization, and optimization capabilities. Garrard expressed confidence in Clarke's ability to align with WTW's market strengths and growth priorities, citing her proven track record and focus on talent.

Positive

• Appointment of industry veteran Lucy Clarke as president of Risk & Broking segment
• Strategic focus on enhancing specialization, digitization, and optimization capabilities
• Risk & Broking segment serves 140 countries and markets with 14,000+ colleagues

Negative

• None.

News Market Reaction

+0.88%

1 alert

+0.88% News Effect

On the day this news was published, WTW gained 0.88%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Adam Garrard assumes role of chairman, Risk & Broking

LONDON, July 22, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today welcomed Lucy Clarke as president, Risk & Broking. Adam Garrard takes on the new role of chairman, Risk & Broking.

Clarke and Garrard will work closely to drive the continued growth of WTW’s Risk & Broking segment, which comprises more than 14,000 colleagues serving 140 countries and markets around the world. In her role as president, Risk & Broking, Clarke reports to Carl Hess, WTW’s chief executive officer, and is responsible for the day-to-day financial and operational management and growth of the business.

Hess said, “Lucy’s addition to WTW further strengthens our Risk & Broking leadership team. I know she will help us relentlessly drive our strategic priorities forward and further enhance our specialization, digitization and optimization capabilities.”

Garrard commented, “We are excited to welcome Lucy to WTW today. Lucy is an industry leader committed to specialization, exceptional client service, data and analytics, aligning with core WTW market strengths and growth priorities. She has extraordinary market presence, a proven track record of delivering results and an intense focus on talent. We are confident in the role that WTW plays in supporting clients in an ever-changing risk landscape and will continue to add talent where there is a strong fit with WTW’s culture and ambitions.”

Commenting on her arrival at WTW, Clarke said, “I’m honored to join WTW today. I’ve admired the company for many years, including the work that has been done in Risk & Broking to focus on specialization and the progress that has been made on digitization. I’m very excited to join my new colleagues as we work together to drive a relentlessly client-focused strategy.”

Clarke brings with her deep industry experience gained through a 25-year career that has included diverse leadership positions with JLT Group and Marsh. In her most recent role, she served as the president of Marsh Specialty and Global Placement. Prior to that, she was the chief executive officer of JLT Global Specialty, the insurance and risk arm of the JLT Group.

About WTW

At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.

Contact:
Miles Russell
Head of External Communication
email: miles.russell@wtwco.com
phone: +44 (0) 7903 262 118

FAQ

Who is the new president of Risk & Broking at WTW (NASDAQ: WTW)?

Lucy Clarke has been appointed as the new president of Risk & Broking at WTW (NASDAQ: WTW), effective July 22, 2024.

What is Adam Garrard's new role at WTW (NASDAQ: WTW)?

Adam Garrard has assumed the new role of chairman, Risk & Broking at WTW (NASDAQ: WTW).

What is Lucy Clarke's previous experience before joining WTW (NASDAQ: WTW)?

Lucy Clarke has 25 years of industry experience, most recently serving as the president of Marsh Specialty and Global Placement. She also held the position of CEO at JLT Global Specialty.

How many countries does WTW's (NASDAQ: WTW) Risk & Broking segment serve?

WTW's Risk & Broking segment serves 140 countries and markets around the world.