Joseph Plumeri, chairman and CEO of Willis Group Holdings and keynote speaker at the Stillman School's 2005 Integrity and Professionalism Convocation, is one of three individuals to win a Beta Gamma Sigma 2010 Business Achievement Award.
Karen Boroff, dean of the Stillman School, nominated Plumeri for the award and will host a celebratory dinner on Monday, May 24. About the Award >>
The Business Achievement Award is a global award that honors individuals for significant achievement in business. The achievement may be demonstrated over a career or by a singular achievement that has advanced the field of business and contributed to a community and to humankind. Specifically, recipients have demonstrated ethical leadership, service to humanity and integrity.
More on Plumeri
Under Plumeri's leadership, the Willis Group has strengthened its position as one of the world's leading insurance brokers through sector-leading organic growth and operating margins, strategic expansion, and a dedication to transparency and passionate client service.
Plumeri has been a leader in the insurance industry in an era of unprecedented scrutiny and change. During this time, he has pressed for greater transparency, client service and innovation at the Willis Group and throughout the industry. In 2004, the company became the first - and only - insurance broker to abolish the practice of accepting contingent commissions for retail clients and the first to establish a Client Bill of Rights. In recognition of his efforts to drive positive change, St. John's University School of Risk Management named him 2006 Insurance Leader of the Year.
Prior to joining Willis, Plumeri enjoyed a 32-year career at Citigroup and its predecessor companies. As CEO of Citibank North America, he led the integration of the consumer businesses at Citicorp and Travelers Group. Plumeri also served as Chairman and CEO of Travelers Primerica Financial Services, Vice Chairman of the Travelers Group, and President and Managing Partner of Shearson Lehman Brothers.
An active and committed community leader, Plumeri has been honored by numerous civic and philanthropic organizations, including the Insurance Industry Charitable Foundation in 2009 for his personal philanthropy and positive impact on the reputation of the insurance industry, and by the Jackie Robinson Foundation in 2010 for his motivational leadership style and pursuit of excellence.
Plumeri currently serves on the boards of the National Center on Addiction and Substance Abuse, Mount Sinai Medical Center, the Intrepid Sea, Air & Space Museum and American Friends of the Churchill Museum in London. Plumeri is also co-owner of two New Jersey minor league baseball teams - the Trenton Thunder, the Double-A affiliate of the New York Yankees, and the Lakewood BlueClaws, the Single-A affiliate of the Philadelphia Phillies.
Plumeri received his bachelor of arts degree in history and education from The College of William and Mary and also attended New York Law School.
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