The streets are talking: There’s a new consultant in town (kind of). Six months after announcing their intent to merge, global consulting giants Towers Perrin and Watson Wyatt have completed the union, my friends down the hall at EBA reported this morning.
Following the Dec. 18, 2009, shareholder approval and receipt of regulatory authorizations, Watson Wyatt CEO John Haley will now lead the newly formed Towers Watson & Co. as chairman and CEO, while Towers Perrin CEO Mark Mactas will serve as deputy chairman, president and COO.