Willis North America Appoints Vic Krauze as Chairman and Chief Executive Officer

Willis Group Holdings WSH, the global insurance broker, today 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.