Towers Watson Names Mark Reid Global Leader for Executive Compensation

  Towers Watson Names Mark Reid Global Leader for Executive Compensation

Business Wire

NEW YORK -- January 28, 2014

Global professional services company Towers Watson (NYSE, NASDAQ: TW)
announced that Mark Reid assumed global leadership for the Executive
Compensation consulting practice, effective January 1, 2014. He succeeds Doug
Friske, who will continue to be part of the Talent and Rewards segment’s
leadership team and will be responsible for growing Towers Watson’s executive
compensation market share.

“Mark’s extensive executive compensation consulting experience, coupled with
his proven leadership across geographies and segments, make him a natural to
take on stewardship of the global Executive Compensation business for the next
phase of our growth,” said Julie Gebauer, global leader of Towers Watson’s
Talent and Rewards segment. “With so much accomplished, Doug is ready to
change his role and spend more of his time directly engaged with clients.”

Based in London, Reid has been with Towers Watson and its predecessor firms
since 1991. He focuses primarily on advising remuneration committees and
boards of major global companies on a broad range of executive compensation
issues, including incentive design and shareholder consultation. He is the
executive compensation advisor to nine FTSE 100 remuneration committees, as
well as to other leading organizations in the U.K., U.S. and Continental
Europe. A fellow of the Institute of Actuaries who earned his M.A. in
mathematics from Corpus Christi College, Cambridge, Reid has served as leader
of Towers Watson’s Talent and Rewards business for Europe, the Middle East and
Africa (EMEA) since 2010. He is succeeded as Talent and Rewards leader for
EMEA by Chantal Free.

“I look forward to working closely with Doug and the other members of our
leadership team to continue growing our Executive Compensation business
globally,” said Reid. “From say on pay, to the intensifying scrutiny of
executive pay, to global competition for top talent, the issues our clients
face in attracting, retaining and motivating experienced leaders have never
been more complex or challenging.”

About Towers Watson

Towers Watson (NYSE, NASDAQ: TW) is a leading global professional services
company that helps organizations improve performance through effective people,
risk and financial management. The company offers consulting, technology and
solutions in the areas of benefits, talent management, rewards, and risk and
capital management. Towers Watson has more than 14,000 associates around the
world and is located on the web at towerswatson.com.

Contact:

Towers Watson
Ed Emerman, +1 609-275-5162
eemerman@eaglepr.com
or
Binoli Savani, +1 703-258-7648
binoli.savani@towerswatson.com
 
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