Jacqueline Hunt
WILLIS TOWERS WATSONAbout Jacqueline Hunt
Independent director at WTW since 2023; age 57. Former Allianz SE Management Board member with executive oversight of global asset management and U.S. life insurance; prior senior roles at Prudential plc (CEO UK/Europe/Africa) and Standard Life (Group CFO). Chartered Accountant (South Africa) with Bachelor of Commerce and Bachelor of Accounting from University of the Witwatersrand. Current WTW board committees: Corporate Governance & Nominating and Human Capital & Compensation; designated independent under SEC/NASDAQ and WTW standards, with 2024 attendance meeting the 75%+ threshold for all directors .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Allianz SE | Management Board member; executive responsibility for asset management and U.S. life insurance | 2016–2021 | Senior P&L and governance oversight of global businesses |
| Prudential plc | Executive Director; CEO of Prudential UK, Europe and Africa | 2013–2015 | Led multi-region insurance operations |
| Standard Life | Group CFO | 2010–2013 | Group finance leadership |
| Aviva; Hibernian Group; Norwich Union Insurance; PricewaterhouseCoopers; RSA Insurance | Senior management roles (various) | Not disclosed | Finance and insurance operating experience |
External Roles
| Company | Role | Tenure | Notes |
|---|---|---|---|
| Standard Chartered PLC (public) | Director | Current (as of 2025 proxy) | Global bank board service |
| Man Group PLC (public) | Director | Feb 2022–Mar 2023 | Prior role |
| Rothesay Life PLC (public) | Director | Jul 2022–Apr 2023 | Prior role |
Board Governance
- Committees: Human Capital & Compensation; Corporate Governance & Nominating .
- Independence: Board determined all directors except the CEO are independent (includes Hunt) .
- Attendance and engagement: All directors met the 75%+ attendance expectation and attended the 2024 AGM; independent directors held regular executive sessions chaired by the Non‑Executive Chair .
- Board refresh and structure: Ongoing refresh since 2021; four committees maintained with formation of a dedicated Risk & Operational Oversight Committee effective Jan 1, 2025; HCC and Governance charters emphasize compensation risk oversight, consultant independence, and sustainability oversight, respectively .
- Overboarding controls: WTW guidelines limit external public boards; none of the directors are considered overboarded under the policy .
Fixed Compensation (Director)
| Component | Amount/Terms | 2024 Outcome (Hunt) |
|---|---|---|
| Annual cash retainer | $125,000; directors may elect to receive in equity | Fees earned in cash: $125,000 |
| Committee chair fees | Audit $30,000; Risk & Operational Oversight $30,000; HCC $25,000; Governance $20,000 (effective Jan 1, 2025 where applicable) | Not applicable (not a chair) |
| Other cash/meeting fees | Not specifically enumerated beyond retainer/chair fees in policy | No additional cash disclosed for Hunt in 2024 |
2024 total reported director compensation for Hunt: $345,000 (Fees $125,000; Share awards $220,000) .
Performance Compensation (Director)
| Equity Vehicle | Grant Date | Quantity | Grant-Date Fair Value | Vesting | Performance Metrics |
|---|---|---|---|---|---|
| RSUs (annual director grant) | May 22, 2024 | 858 | $220,000 | Vest in full on earlier of one year from grant or 2025 AGM | None (time‑based RSUs) |
- Standard non-employee director equity retainer: $220,000 in RSUs starting 2024 AGM (increase of $20,000 vs prior), with election feature to take cash retainer in equity; no director options disclosed .
Other Directorships & Interlocks
| Category | Details |
|---|---|
| Current public boards | Standard Chartered PLC |
| Prior public boards | Man Group PLC (Feb 2022–Mar 2023); Rothesay Life PLC (Jul 2022–Apr 2023) |
| Potential interlocks/conflicts | WTW notes that it may engage in ordinary course services with entities affiliated with directors; Governance Committee concluded such transactions do not impair independence. No Item 404 related-person transactions disclosed for 2024 other than a BlackRock services item; none identified for Hunt . |
Expertise & Qualifications
- Financial expertise and extensive insurance/asset management leadership; prior Group CFO of Standard Life; Chartered Accountant designation .
- Board skills matrix attributes include financial, M&A/capital markets, international business, public board, and technology oversight at the board level across the slate; Hunt’s biography highlights industry and financial management depth .
Equity Ownership
| Holder | Common Shares Owned | RSUs Outstanding | Notes |
|---|---|---|---|
| Jacqueline Hunt | 532 | 858 | Ownership table as of Dec 31, 2024 |
- Director ownership guideline: 5x cash retainer ($625,000) within 8 years of appointment; Mr. Thomas and Ms. Chima have satisfied; all other directors (including Hunt) are expected to satisfy within the timeframe .
- Hedging and pledging: Prohibited for directors; no margin accounts permitted .
Governance Assessment
- Strengths: Independent director with deep global insurance and asset management operating experience; serves on HCC and Governance committees central to pay, talent, and governance oversight; attendance expectations met; robust director ownership policy and prohibition on hedging/pledging support alignment .
- Compensation alignment: 2024 director pay mix is equity-heavy via $220,000 RSUs alongside $125,000 cash retainer, promoting alignment; RSUs vest on a short, AGM-linked cycle to reinforce ongoing service and shareholder alignment .
- Conflicts/related-party exposure: No Hunt-specific related-person transactions disclosed under Item 404; WTW reports only a BlackRock services item for 2024 and states such transactions (where present) do not impair independence under SEC/NASDAQ and WTW standards .
- Watch items: Current ownership level (532 shares plus 858 RSUs at year-end 2024) indicates time needed to meet the $625,000 guideline; policy allows eight years from appointment, mitigating near-term alignment risk .
- Shareholder sentiment: Company’s say-on-pay support ~90% at the 2024 AGM and ongoing shareholder outreach may inform HCC decisions where Hunt is a member, supporting investor confidence in compensation governance .