The median annual total compensation of all Aon employees excluding Mr. Goland’s salary was not detailed in the proxy filing.Īccording to the proxy, the executives gave up their 2019 annual nonequity incentive pay and the pool of $3.2 million was added to the company’s broad-based annual incentive bonus pool. Bruno’s salary was $925,000 and his total compensation was $5.6 million. Anderson’s salary was $975,000 and his total compensation was $4.3 million and Mr.
Davies’ salary was $975,000 and her total compensation was $7.7 million Mr. Case was paid a salary of $1.5 million in 2019 and received total compensation of $16 million Ms. Case, Christa Davies, Aon’s chief financial officer, Eric Anderson, president, John Bruno, chief operating officer, Tony Goland, chief innovation officer, and the firm’s board of directors will take a 50% salary cut.Īccording to Aon’s 2020 proxy filing, Mr. This means that approximately 30% of our colleagues will see no reduction,” Mr.
“Based on that analysis, we have set a floor in each country. The brokerage based the salary cut on “a set of criteria, including cost-of-living” in the countries it operates, the letter said. The firm’s acquisition of rival Willis Towers Watson PLC will continue, the letter said.
Case said the pay reduction would be temporary, but did not give a time frame, and reiterated Aon’s previous commitment to retain all staff during the pandemic. Case said in a letter to Aon staff Monday. Aon PLC is imposing an approximately 20% salary cut on about 70% of staff due to the COVID-19 crisis, and CEO Greg Case and other senior executives will take 50% cuts, Mr.
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