Filed Under:Agent Broker, Agency Management

Aon Hewitt Co-CEO To Leave

NU Online News Service, Feb. 22, 3:47 p.m. EST

Baljit Dail, the co-chief executive officer of Aon Hewitt will be leaving the company for health reasons, insurance broker Aon said in a government filing.

According to the filing with the Securities and Exchange Commission, Dail will leave Aon Hewitt on March 31 “to focus on health and work-life balance.”

Co-CEO Kristi Savacool, will assume the leadership of the consulting firm.

Under the separation agreement, Dail will receive a $1 million lump sum payment on Oct. 1 and he will be subject to non-compete and non-solicitation agreements for a period of two years. He will also be tied to certain confidentiality agreements regarding trade secrets and company information.

Aon acquired Lincolnshire, Ill.-based human resource consulting and outsourcing solutions firm Hewitt in 2010 for $4.9 billion in stock and cash. Aon eliminated 1,500 jobs as part of the restructuring. 

Featured Video

Most Recent Videos

Video Library ››

Top Story

10 insights into how small-business owners perceive cyber risk

Cyberattacks on small businesses are a real and growing problem, and the latest research by Nationwide shows owners are not prepared. Insurance agents can help.

Top Story

Friday's cyber attacks a 'wake-up call' for insurers and public alike

Waves of DDoS attacks shut down swatches of the internet on Friday, prompting the need for the insurance industry to issue standard cyber liability coverage forms.

More Resources


eNewsletter Sign Up

Agent & Broker Insider eNewsletter

Proven success tips and essential information to help agents and brokers grow their practice – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.