Towers Watson

Overview

Towers Watson & Co.

foundation	2010
fate	Merged with Willis Group
predecessor	Towers Perrin Watson Wyatt Worldwide
successor	Willis Towers Watson
location city	Arlington, Virginia
location country	United States
area served	Global
key people	John J. Haley (chairman, president, and CEO)
industry	Professional services
services	Employee benefits, talent management, rewards, and risk and capital management
revenue	US$3.644 billion (2015)
net income	US$384 million (2015)
assets	US$5.394 billion (2015)
equity	US$2.932 billion (2015)
num employees	16,300 (June 30, 2015)
footnotes	‡R1R‡

Towers Watson & Co. was a global professional services firm that provided risk management services, human resource consulting, actuarial services, and investment management. The company operated in 37 countries. Customers included 92% of Fortune Global 500 companies and 84% of Fortune 1000 companies.[1]

In 2016, the company was acquired by Willis Group in a merger of equals to form Willis Towers Watson.

History

Towers Watson was formed on January 4, 2010, by the $4 billion merger of equals of Towers Perrin and Watson Wyatt Worldwide. The merger created the largest employee-benefits consulting firm by revenue worldwide.[2]