Gregory C. Case has been the CEO of Aon plc since 2005. Under his leadership, Aon has grown into a leading global provider of insurance and reinsurance brokerage and human resources solutions. He studied economics at the University of Illinois...

Number of Employees

50K

Year

2023

Total Compensation

$66.80M

Salary

$1.50M

Board Justification

Aon's compensation philosophy for the CEO is to align pay with performance, focusing on both short-term and long-term incentives. The compensation structure is designed to drive company performance, retain top talent, and align the CEO's interests with those of shareholders.

Bonus

$2.55M

Board Justification

The annual incentive for 2023 was set at 250% of the base salary, resulting in a target of $3,750,000. However, due to a recommendation by Mr. Case and subsequent approval by the Board, the actual payout was 68% of the target, amounting to $2,550,000. This bonus was paid entirely in performance share units (PSUs) with terms similar to LPP 19 awards, subject to a share price hurdle.

Other

$674.49K

Board Justification

Includes company contributions to savings plans, perquisites, and other compensation such as housing and cost of living allowances related to Mr. Case's international assignment in London.

Restricted Stock

$62.08M(200.05K Class A Ordinary Shares)

Board Justification

The vested stock includes restricted share units and performance share units from previous grants that vested in 2023. These units were settled in Class A Ordinary Shares.

Performance Metrics

The performance metrics for determining the CEO's compensation in 2023 included adjusted operating income growth, organic revenue growth, and progress on inclusion and diversity objectives. The annual incentive was primarily based on these metrics.

SEC Filing

From April 29, 2024

Gregory C. Case

CEO of Aon plc

A

Education

MBA from Harvard Business School

Field of Expertise

Finance & Banking - Finance

Born

December 31, 1963 - 61 years ago

Is Founder?

No

Current Tenure

19 years 9 months (Apr 2005 - Present)

Previous Experience

McKinsey & Company, Piper, Jaffray and Hopwood, Federal Reserve Bank of Kansas City