Following Sullivan’s 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.

The company said that deputy CEO, Steve Hearn, in his role as CEO of Willis Global, will lead the Global Solutions unit, building on the many accomplishments that the unit has achieved since its launch in 2010.

Commenting on the change, Willis Group CEO, Dominic Casserley, said: "Sullivan joined Willis as our deputy chairman at a time when we were determined to establish a deeper penetration among the world’s largest accounts. We are grateful for Sullivan’s service to our firm and the success that he and his team have enjoyed, and we intend to carry it forward."

Willis through its subsidiaries and affiliates offers a range of insurance brokerage and risk management consulting services to worldwide clients.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData