Willis Group Holdings plc, the global risk advisor, insurance, and reinsurance broker, has appointed Todd Jones as chief executive officer of Willis North America, the company's largest business segment.
Mr. Jones will report to Willis Group Chief Executive Officer Dominic Casserley and will represent Willis North America on the Willis Group's operating committee.
Vic Krauze, who joined Willis in 1997, has served as chairman and chief executive officer of Willis North America since 2010 and will retain his current role as chairman.
“Todd Jones is ideally suited to lead Willis North America at this stage of the business unit's growth, bringing to his position 10 years of increasingly prominent roles at our firm and having worked alongside Vic as their unit established itself firmly as a market leader in North America,” said Mr. Casserley. “As Todd moves into his new role, the business will benefit greatly from Vic's continued experience and expertise, a track record that helped guide the business as it doubled its footprint through the 2008 acquisition of HRH and established new momentum in building organic growth in recent quarters,” Mr. Casserley added.
Mr. Jones, 48, joined Willis in September 2003, serving as president of Willis North America since 2010. From 2007 to 2010, Mr. Jones served as national partner for the Northeast region, overseeing all aspects of Willis' retail operations in the Northeast U.S. Previously, Mr. Jones served as the North American practice leader for Willis' executive risks practice.

