WASHINGTON, DC, October 6, 2005 - Watson Wyatt Worldwide, a global human
capital consulting firm, today announced it has acquired Davis, Conder,
Enderle & Sloan (DCE&S), a Chicago-based actuarial and retirement benefits
consulting firm.
Founded in 1992, DCE&S provides a full range of actuarial consulting
services for corporate pension and retiree medical benefit programs. The
acquisition of DCE&S will add 29 experienced retirement consultants and
staff, including 17 actuaries, to Watson Wyatt´s existing staff in Chicago.
Both firms expect a seamless transition and uninterrupted service for DCE&S
clients.
"We are very excited about combining DCE&S´s outstanding capabilities and
reputation with those of Watson Wyatt in Chicago," said Alan Whalley, U.S.
region manager at Watson Wyatt. "The combined consulting resources in
Chicago will greatly enhance our ability to serve clients in our target
market, and will provide greater opportunity for us in the marketplace."
"Both DCE&S and Watson Wyatt share a common culture and vision - to provide
outstanding service and deliver high quality work to clients," said David
Conder, President of DCE&S. "We are thrilled to join Watson Wyatt and use
our combined resources and talent to offer all our clients a broader range
of services."
All seven DCE&S principals, including three of the firm´s four founders -
David Conder, Gordon Enderle and Matt Sloan - will join Watson Wyatt. The
fourth founder, Rowland Davis, had previously retired.
About Watson Wyatt
Watson Wyatt (NYSE:WW) is a leading global human capital and financial
management consulting firm. The firm specializes in employee benefits,
human capital strategies, technology solutions, and insurance and financial
services and has 6,000 associates in 32 countries.
About Davis, Conder, Enderle & Sloan
Davis, Conder, Enderle & Sloan is a Chicago-based actuarial and retirement
benefits consulting firm. Since 1992, the firm has been providing employers
with a full range of actuarial consulting services for corporate pension
and retiree medical benefit programs, including plan design and
administration, investment policy and administration software.
Contact
David Popper
(703) 258-7582
david.popper[at]watsonwyatt.com