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Two days after announcing it was pulling out of its deal to buy its nearest rival, Aon PLC said Wednesday that it was reorganizing its leadership ranks.
In a statement, the brokerage said it had created a new executive committee that would be organized across four business lines, five regions and five shared service functions.
The 15 months Aon spent planning its combination with Willis Towers Watson PLC, which ultimately failed in the face of regulatory opposition, “strengthened” Aon’s operating model and the brokerage is “moving forward at speed without the overhang of regulatory uncertainty or distraction of restructuring,” said Aon CEO Greg Case in the statement.
The announcement comes about six months after Aon-Willis announced the executive committee that would have led the combined company, had the deal been completed.
The four business lines are commercial risk solutions, health solutions, reinsurance solutions and wealth solutions.
The five regions are North America, Latin America, the United Kingdom, Europe the Middle East and Africa, and Asia-Pacific.
The five shared services are business services, finance, legal, marketing and communications, and human resources, the statement said.
Mr. Case, Aon President Eric Andersen and Chief Financial Officer Christa Davies will retain their roles.
Among the regional and business lines heads, Jennifer Bell is CEO North America, Lambros Lambrou is CEO commercial risk solutions, Carlo Clavarino is executive chairman international and Lori Goltermann is CEO enterprise clients.
In addition, Julie Page is CEO United Kingdom, Eduardo Dávila is CEO EMEA, Alejandro Galizia is CEO Latin America and Anne Corona is CEO Asia-Pacific.
Dave Guilmette is CEO Health Solutions, Andy Marcell is CEO reinsurance solutions and Paul Rangecroft is CEO wealth solutions.