Insurance

Aon selects CFO successor

Aon selects CFO successor

Insurance News

By Terry Jungkwangco



Aon has selected Edmund Rees (pictured) to succeed Christa Davies as CFO.

Reese’s appointment as Executive Vice President and Chief Financial Officer will be effective July 29. However, he will join the board at the beginning of July before taking on Aon’s finance and capital allocation strategy function. Meanwhile, Davies will oversee the certification of second-quarter results before moving into a senior advisory role until her scheduled retirement.

The new CFO said of his new role: “I am excited about the opportunity to join Aon as the company executes on its 3×3 plan to create more value for customers, colleagues and shareholders. I look forward to working with Aon colleagues to build on the company’s legacy of financial performance and chart the next chapter of growth.”

Lifting the lid on succession, Greg Case, CEO of Aon, noted: “Edmund is an accomplished executive with deep financial, M&A (mergers and acquisitions) experience, investor expertise and a proven track record of delivering strong results.

“As our next CFO, Edmund will strengthen our focus on bottom-line growth, disciplined capital allocation, and portfolio management to drive positive outcomes for our clients, colleagues, and shareholders. We look forward to welcoming Edmund to Aon at such an exciting time for our company.”

Rees brings more than two and a half decades of leadership experience from major public companies in the financial services, payments and technology sectors to Aon. Since 2020, he has served as CFO of Broadridge Financial Solutions.

Prior to joining Broadridge, Reese was with American Express where his most recent role was Senior Vice President and CFO of its largest business unit. Prior to joining American Express, Reese was CFO of the U.S. Advisory Group at Merrill Lynch and CFO of the Corporate Client and Stock Plan Services group at Citigroup Smith Barney.

Lester Knight, Chairman of Aon, commented: “Following the successful completion of our succession planning process, including a comprehensive internal and external search, we are excited to have Edmund join Aon. He will bring significant financial experience spanning corporate strategy, M&A and investor relations to enhance our long-standing track record.” Extent of strong financial performance.

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