Towers Watson Boosts Executive Compensation Consulting Team in North America
Adds Delves Group founder Don Delves and associates to advise corporate boards of directors and management on compensation issues
NEW YORK, June 12, 2013 — Towers Watson (NYSE, NASDAQ: TW), a global professional services company, announced today that it has expanded its executive compensation consulting practice in North America with the addition of Don Delves, one of the nation’s leading advisors to corporate boards of directors, and his team of associates. In his new role as a director in the executive compensation consulting group, Delves will continue to advise board compensation committees and senior management on executive pay and related governance issues.
Dr. Delves has more than 25 years of experience consulting with major corporate boards and executive teams on governance and executive pay issues. Prior to joining Towers Watson, Delves was the founder and president of The Delves Group, a Chicago-based consultancy he founded in 2001. The Delves Group specialized in advising corporate boards and compensation committees on how to improve their effectiveness and maximize the performance of their organizations. Before founding The Delves Group, he held various executive compensation consulting positions at iQuantic, Sibson and Company, and Towers Perrin.
“We are very pleased to add someone with Don’s experience and success to our team,” said Doug Friske, global head of executive compensation consulting at Towers Watson. “Don is nationally recognized for both his advisory work with corporate boards and compensation committees, and his deep understanding and knowledge of pay-for-performance and governance issues. He is a frequent author and speaker on executive compensation, and adds to our strong leadership position in the field. We expect Don’s expertise in process- and principle-based leadership to fit quite well with Towers Watson’s service offerings.”
“Companies are increasingly looking for executive pay solutions that require global reach and perspective. Joining Towers Watson is a natural next step in our evolution. We look forward to our role of advising board compensation committees and management on executive pay and governance issues, and helping Towers Watson grow its industry-leading practice,” said Delves.
Dr. Delves and other former members of The Delves Group team will be based in Towers Watson’s Chicago office, and will officially begin their new roles on July 1, 2013.
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 solutions in the areas of benefits, talent management, rewards, and risk and capital management. Towers Watson has 14,000 associates around the world and is located on the web at towerswatson.com.