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Ousted AIG CEO Sullivan Lands Senior Post At Willis Group -FT

DOW JONES NEWSWIRES Former American International Group Inc. (AIG) chief executive Martin Sullivan is returning to the insurance industry as a senior executive at Willis Group Holdings PLC (WSH), the Financial Times reports late Tuesday. Sullivan, who was pushed out just three months before giant AIG was bailed out by the U.S. government, will lead a new unit at Willis that intends to win more large, complex multinational clients and sell more services to those it already has. He'll be deputy chairman of Willis Group and chairman and CEO of Willis Global Solutions, the new unit. "We are very pleased, as a matter of fact we're ecstatic, that Martin is joining us," Willis Group CEO Joe Plumeri said. Sullivan said he will be involved with clients and suppliers of insurance -- including AIG -- in his new role. "I look forward to working with AIG and I think some of my former colleagues will be very excited to learn where I've ended up," he said. Full story at http://www.ft.com/cms/s/0/e1bc04ac-baab-11df-b73d-00144feab49a.html -Dow Jones Newswires; 212-416-2900

Stock News for Willis (WSH)
DateTimeHeadline
04/23/201510:18:40Current Report Filing (8-k)
04/22/201516:48:11Willis Makes Firm Offer to Buy Gras Savoye at Year-End 2015...
04/22/201511:56:16Willis Launches Forensic Accounting Practice to Assist With Measurement...
04/21/201512:45:00Willis Launches Suite of Risk Analytics to Help Organizations...
04/17/201517:11:21Additional Proxy Soliciting Materials (definitive) (defa14a)
04/17/201517:09:10Proxy Statement (definitive) (def 14a)
04/16/201504:05:00Willis Appoints Seth Peller as Global CEO of Its Fine Art, Jewellery...
04/15/201513:00:00Property/Casualty Insurance Market Is Largely Buyer-Friendly...
04/15/201512:00:00Rafal Walkiewicz and Michael Guo Appointed Co-CEOs to Lead Willis...
04/07/201511:02:21Willis Mexico Celebrates Expansion Through Acquisition of Carsa
04/07/201505:29:41Willis Group Holdings to Announce First Quarter Earnings on April...
04/02/201516:38:27Initial Statement of Beneficial Ownership (3)
04/02/201504:17:26Willis Appoints Paul Scope as Chairman of Willis Bermuda
04/01/201516:10:11Current Report Filing (8-k)
04/01/201513:35:44Willis to Feature Industry-Leading Analytical Capabilities and...
04/01/201505:00:00Photo Release -- Willis Group Appoints Matthew Furman Group General...
04/01/201504:00:00Historic Reinsurance Cycle Under Extreme Strain and ILS Funds...
03/31/201516:02:36Proxy Statement - Notice of Shareholders Meeting (preliminary...
03/23/201506:44:02Willis Appoints Marc Paasch Global Head of Alternative Risk Transfer
03/19/201510:00:00Willis Re Introduces New Suite of Flood Analytics for Canada...

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