NU Online News Service, June 23, 12:50 p.m. EDT

Michael K. Neborak was named group chief financial officer and executive vice president of insurance broker Willis Group Holdings, replacing Stephen E. Wood, the company's interim CFO.

Mr. Wood will remain as group controller.

In making the announcement today, Willis said Mr. Neborak, 53, will join the company on July 6 and report to Joe Plumeri, chairman and chief executive officer.

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