Insurance brokerage Willis Group Holdings said it has extended the employment agreement of Chairman and Chief Executive Officer Joseph J. Plumeri until 2011.
His original agreement was set to expire on Oct. 15, 2009. It will now extend through April 2011.
The company said that extending the contract ensures Mr. Plumeri will oversee the completion of the firm's restructuring, which includes specific financial targets through 2010.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
