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NEW YORK - Towers Watson (NASDAQ:WTW), a global advisory, broking, and solutions company, announced today the appointment of Eric McMurray as Chairman of its Health, Wealth & Career (HWC) segment. McMurray is set to take on his new role from July 1, following the completion of his tenure as the global head of Health & Benefits. Succeeding him will be Anne Pullum, who will concurrently maintain her position as co-head of Corporate Development.
McMurray’s leadership is credited with strengthening the company’s Health & Benefits business. Julie Gebauer, President of Health, Wealth & Career at Towers Watson, expressed confidence in McMurray’s ability to drive the HWC segment’s growth and innovation. Gebauer also praised Pullum’s extensive experience and readiness to advance the company’s services in healthcare coverage and benefits.
Pullum has a background in corporate risk and broking for Europe and has previously led strategy for WTW. Her dual role as the new global leader of Health & Benefits and co-head of Corporate Development places her on the executive leadership team, where she is expected to continue the company’s trajectory of expanding its reach in vital healthcare services.
Towers Watson serves clients across 140 countries and markets, focusing on delivering data-driven insights to optimize strategy, resilience, workforce motivation, and overall performance. With a healthy gross profit margin of 44.8% and strong Altman Z-Score of 5.24 indicating financial stability, the company is known for working closely with clients to identify sustainable opportunities for success and offering a comprehensive perspective on business challenges. Discover more detailed insights and 12+ additional ProTips with InvestingPro’s comprehensive research report.
This announcement is based on a press release statement from Willis Towers Watson US LLC.
In other recent news, WTW has declared a quarterly cash dividend of $0.92 per share, scheduled for payment on July 15, 2025, to shareholders on record by June 30, 2025. This announcement underscores the company’s commitment to shareholder value and reflects its financial stability. Additionally, Fitch Ratings has upgraded WTW’s Long-Term Issuer Default Rating to ’BBB+’ from ’BBB’, citing operational and margin improvements along with solid organic growth trends. The rating upgrade impacts approximately $5.3 billion of WTW’s debt, highlighting its strong market position and financial flexibility.
In a strategic move to expand its trade credit business, WTW has acquired CFS International Inc., enhancing its offerings, particularly on the U.S. West Coast. This acquisition aligns with WTW’s strategy to optimize its global portfolio and focus on high-growth broking businesses. Meanwhile, WTW has appointed David Loftstrom as Deputy Regional Leader for New England and Harry Merker as the new P&C and AAIS sales leader in North America, both of whom are expected to drive growth and enhance strategic sales initiatives. These appointments are part of WTW’s broader strategy to strengthen its leadership and deliver innovative solutions to clients.
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