Willis Towers Watson (WTW) executive compensation, 2026 proxy

Carl Hess, CEO, was paid $12.8M in 2025, up 2% from $12.5M the year before. The CEO-to-median-employee pay ratio was 203:1, on median employee pay of $63,007.

Filed
March 27, 2026
Annual meeting
May 20, 2026
Pay year
2025
Named executives
5
CEO total pay
$12.8M+2% vs prior year
CEO to median employee
203:1median $63,007
CEO pay in equity
72%$9.2M in awards
Prior say-on-pay support
97%of votes cast
CEO Target Bonus
$2,000,000Target STI amount
CEO Maximum Bonus
$4,000,000Maximum STI amount
Total Employees
47,115Total count before permitted exclusions
Say-on-Pay Approval
97%Prior year support percentage

How Hess was paid

$12.8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary8%Stock awards72%Non-equity incentive19%Pension and deferred comp0%All other compensation2%

Named executive officers

ExecutiveTotal
Carl HessCEO$12,793,605
Andrew KrasnerCFO$5,507,853
Julie GebauerPresident, HWC$4,468,075
Lucy ClarkePresident, R&B$3,805,040
Matthew FurmanGeneral Counsel$2,826,608

What changed and why

  • $12.8MCEO total compensation increased to $12,793,605 in fiscal 2025 from $12,502,090 in fiscal 2024.
  • No bonuses were paid to any of the named executive officers during 2025.
  • 97%Shareholders approved executive compensation with a 97% support rate at the 2025 AGM.
  • $63,007The CEO pay ratio was calculated as 203 to 1 compared to the median employee total compensation of $63,007.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.