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After 12 years at the helm, Joe Plumeri is stepping down as the CEO of Willis Group Holdings on Jan. 7. He will serve as nonexecutive chairman through July 13, when his contract expires.

Plumeri stresses that the move is not a “retirement”; rather, he views it as the next phase in his long career.

NU sat down with the outgoing chief executive to discuss his reasons for leaving, his highs and lows at Willis, contingent commissions, and other topics.

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