Reinsurance News

Aon execs John Zern and Cary Grace to step down

10th October 2019 - Author: Matt Sheehan

Re/insurance broker Aon has revealed that two of its executive leaders, John Zern and Cary Grace, are to depart the company to pursue new opportunities.

john-zern-aonThe announcement came alongside the launch of the next stage in Aon’s ‘Developing Aon United’ growth strategy.

The strategy will see the firm implement a common standard for client leadership and create new hubs to support back and middle-office client services.

Zern formerly served as Chief Executive Officer of Health Solutions and North America, Commercial Risk.

Grace, meanwhile, was CEO of Retirement Solutions and Head of M&A Integration.

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Going forward, Aon co-presidents Michael O’Connor and Eric Andersen will absorb the responsibilities of Zern and Grace.

O’Connor will be tasked with overseeing Health Solutions, Aon explained, while Andersen will take on responsibility for Retirement Solutions.

Cary Grace – CEO of Retirement Solutions and Head of M&A Integration

“John and Cary leave a lasting and positive imprint on our firm and I am very grateful for their efforts,” said Aon CEO Greg Case.

“As we move forward, we will all benefit from their leadership and the strong teams they have built,” he added.

The Aon United growth strategy saw the divestiture of Aon’s outsourcing business in 2017, as well as subsequent reinvestments that aimed to modernise global infrastructure and create a common tech platform powered by Aon Business Services.

In 2018, Aon followed this by retiring its business unit brands and creating a single global operating committee.

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