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On May 15, 2025, Willis Towers Watson PLC (NASDAQ:WTW), a global multinational risk management, insurance brokerage, and advisory company with a market capitalization of $31 billion and impressive gross profit margins of nearly 45%, held its Annual General Meeting (AGM) where key decisions regarding the company’s governance and oversight were made by its shareholders. According to InvestingPro analysis, the company currently trades slightly above its Fair Value.
The shareholders voted on several proposals, including the election of directors, ratification of auditors, and approval of executive compensation. The meeting saw a high turnout, with 91,297,609 ordinary shares represented, equating to approximately 91.86% of the total shares entitled to vote. Trading at $312.74 per share, WTW maintains a "FAIR" financial health score according to InvestingPro metrics.
All director nominees were elected to serve until the next annual meeting. Dame Inga Beale, Fumbi Chima, Stephen Chipman, Michael Hammond, Carl Hess (NYSE:HES), Jacqueline Hunt, Paul Reilly, Michelle Swanback, and Fredric Tomczyk received the majority of votes for their respective positions. Shareholders also ratified the appointment of Deloitte & Touche LLP and Deloitte Ireland LLP as the company’s independent auditors for the upcoming fiscal year and authorized the Board’s Audit Committee to set the auditors’ remuneration.
In advisory votes, the compensation of the company’s named executive officers was approved as disclosed in the proxy statement. Additionally, the shareholders granted authority to the Board to issue shares under Irish law and to opt out of statutory pre-emption rights for certain issuances.
As part of other events, the company announced that Paul Thomas retired from the Board at the conclusion of the AGM, and Paul Reilly succeeded him as the non-executive Chair of the Board.
This report is based on the information provided in Willis Towers Watson’s SEC Form 8-K filing.
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