Andrew M. Appel made his mark in the corporate world as a significant figure at Aon Corporation. Joining the company in 2005 after a successful stint as a senior partner at McKinsey & Company, he quickly rose through the ranks....
Andrew M. Appel made his mark in the corporate world as a significant figure at Aon Corporation. Joining the company in 2005 after a successful stint as a senior partner at McKinsey & Company, he quickly rose through the ranks. Appel was the CEO of Aon Consulting Worldwide and then took the helm at Aon Benfield, leading efforts in innovation and growth. In 2010, he transitioned to the role of Chief Operating Officer but left Aon later that same year. He received a remarkable transition payment of $4.26 million as part of his exit package, which included extensive benefits like office support and health care coverage. Despite his high earnings, his career also highlights the challenges of executive turnover and underscores the importance of aligning corporate strategies with performance. With an MBA from Harvard and years of experience in consulting, Appel’s journey shows how strategic leadership and financial acumen can shape a company’s direction.