Aon names Andy Marcell CEO of Global Solutions

DUBLIN - Aon plc (NYSE:AON), a global professional services firm with a market capitalization of $80.3 billion and a "GOOD" financial health rating according to InvestingPro, announced Monday the appointment of Andy Marcell as CEO of Global Solutions. Marcell, who retains his role as CEO of Reinsurance until September 1, 2025, will lead the integration of Aon’s Risk Capital and Human Capital services, encompassing the Reinsurance, Commercial Risk, Health, Wealth, and Talent teams.

The move is part of Aon’s strategic plan, known as the 3x3 Plan, which aims to accelerate the firm’s ability to address client needs in risk and people issues. The strategy appears to be yielding results, with the company reporting impressive revenue growth of 20.5% over the last twelve months, though trading at a relatively high P/E ratio of 31.5x. Aon President and CEO Greg Case emphasized Marcell’s significant role in aligning the company’s capabilities and advancing its strategy to operate as a unified Aon United firm.

Marcell, an Aon veteran since 2015, has been instrumental in merging the Commercial Risk and Reinsurance solutions as the former CEO of Risk Capital. His successor in leading Human Capital is yet to be named following the transition of Lambros Lambrou to the position of global Chief Strategy Officer earlier this month.

The appointment coincides with the recent publication of Aon’s Client Trends 2025 report, which sheds light on the complex interplay of trade, technology, weather, and workforce megatrends. The report underscores the need for integrated data and analytics to tackle the intertwined challenges of risk and human capital management.

Marcell is set to discuss Aon’s integrated client service approach at the upcoming Investor Day on June 9, 2025. The event will provide further insights into how Aon’s services across Risk Capital and Human Capital are designed to meet the evolving demands of clients amid global uncertainties.

Aon, with its commitment to shaping decisions for the better, serves clients in over 120 countries, providing clarity and confidence in risk and people management. The company has maintained dividend payments for 46 consecutive years, with a 21% dividend growth in the last twelve months. The firm encourages stakeholders to engage with its insights and updates through various social media platforms and its newsroom. For deeper insights into Aon’s financial health and growth prospects, investors can access comprehensive analysis and additional ProTips through InvestingPro’s detailed research reports.

This leadership change is based on a press release statement from Aon plc.

In other recent news, Aon Corp reported first-quarter earnings that fell short of analyst expectations, with adjusted earnings per share at $5.67, missing the consensus estimate of $6.03. The company’s revenue for the quarter was $4.73 billion, also below projections of $4.84 billion. Despite these misses, Aon achieved a 16% year-over-year revenue growth and a 5% increase in organic revenue. The company reaffirmed its 2025 guidance, projecting mid-single-digit or greater organic revenue growth and double-digit free cash flow growth.

Goldman Sachs recently upgraded Aon’s stock rating from Neutral to Buy, maintaining a price target of $408, based on anticipated stronger organic growth and free cash flow in 2026. Piper Sandler also upgraded Aon’s stock from Neutral to Overweight, though it reduced the price target to $378 from $384, citing Aon’s defensive business nature and expected operational improvements. Both firms highlighted the potential impact of Aon’s upcoming analyst day as a catalyst for the stock. Additionally, Aon announced a 10% increase in its quarterly dividend, marking the 15th consecutive year of dividend growth.

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