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Appointment : Vic Krauze is new CEO for Willis North America

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Willis Group Holdings (NYSE: WSH), the global insurance broker, announced the appointment of Vic Krauze as Chairman and CEO of Willis North America.

Mr. Krauze will report to Joe Plumeri, Chairman and CEO of Willis Group, and will serve as a member of Willis’ Executive Committee. Mr. Krauze, formerly President and COO of Willis North America, succeeds Don Bailey, who is leaving the company in December after a transition period to begin a new role for a major U.S. personal lines insurance carrier.

In addition to Mr. Krauze’s appointment, Willis also appointed Todd Jones, formerly National Partner for the Northeast Region, as President of Willis North America, reporting to Mr. Krauze.

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