John Reeve (businessman)

Last updated

John Reeve
Known forCEO of Willis Group Holdings (1995–2000)
PredecessorRoger Elliott
Successor Joe Plumeri

John Reeve is a former Executive Chairman and chief executive officer of Willis Group Holdings. [1] [2]

Business career

Reeve worked for The British Aluminum Company plc., and then was a Group Finance Director of Mercantile House Holdings plc. [3] He then joined Sun Life Corporation plc in 1988, and was a managing director there from April 1988 to October 1995. [3] [4] [5]

Reeve joined Willis on 1 November 1995 as Executive Chairman-elect. [3] He succeeded Roger Elliott as Executive Chairman on 1 December 1995. [3]

During his tenure as Willis CEO, in the Fall of 1988 the company was purchased by Trinity Acquisition P.L.C., a consortium of investors (including five insurers) led by U.S. private equity firm Kohlberg Kravis Roberts. [2] At that time, Willis was known as Willis Corroon Group Ltd. [2]

In 2000, Reed retired at the end of his five-year employment contract. [6] [7] He was succeeded at Willis by Joe Plumeri. [6]

In December 2004 it was announced that the insurer AMP was to be renamed Pearl, and that Reeve would chair the new company. [8] [9]

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References

  1. Wilson, Andrew (23 July 1998). "Willis Corroon opts to go private". Pqasb.pqarchiver.com. Archived from the original on 2 November 2012. Retrieved 17 July 2010.
  2. 1 2 3 "3: WILLIS CORROON GROUP LTD". Business Insurance. 19 July 1999. Retrieved 17 July 2010.[ dead link ]
  3. 1 2 3 4 "SUN LIFE'S JOHN REEVE TO BE CHAIRMAN OF WILLIS CORROON GROUP – Press Releases". PR Newswire. 19 September 1995. Retrieved 17 July 2010.[ dead link ]
  4. "Sun Life". Les Echos. Retrieved 17 July 2010.[ dead link ]
  5. "WILLIS CORROON CORP (Form: F-4, Received: 16 March 1999 )". edgar-online.com. Archived from the original on 10 July 2011. Retrieved 17 July 2010.
  6. 1 2 "Executive Changes". NYTimes. 27 September 2000. Retrieved 17 July 2010.
  7. "Plumeri next Willis CEO; Former Citigroup executive to succeed Reeve.(Willis Group Ltd.names Joseph J. Plumeri as CEO, replacing John Reeve)". Business Insurance. 2 October 2000. Archived from the original on 10 September 2012. Retrieved 17 July 2010.
  8. "AMP in line for $220m payout". theage.com.au. 11 December 2004. Retrieved 17 July 2010.
  9. "Pizza magnate grabs slice of Pearl funds". Sydney Morning Herald. 11 December 2004. Retrieved 17 July 2010.