Aon announced that Jeff Poliseno (pictured above) will retire after a 30-year career in aerospace brokerage and risk management.

Poliseno, who joined Aon’s global space team in 2004, has served as the team’s president and CEO since August 2008. He has played a key role in developing the company’s space capabilities, making Aon a trusted partner for aerospace customers.

Lee Meyrick, global leader in transportation and logistics at Aon, commented on Poliseno’s departure.

“We are grateful for Jeff’s visionary leadership and would like to thank him for his invaluable contributions and dedication to customers and colleagues over the years,” Meyrick said.

Following Poliseno’s retirement, Jared Ball (pictured right) will take on additional responsibilities as global practice leader for Aon’s space team. With more than 20 years of experience in the aerospace industry, Aon says Ball is recognized for delivering solutions and building strong relationships with its customers.

He most recently served as CTO of Aon’s global space team and is expected to continue to lead the company’s strategic initiatives in the sector.

“The appointment of Jared Ball reflects our continued commitment to excellence and future growth in our space practice. Jeff worked closely with Jared to ensure a smooth transition and continued support for the company’s space customers and colleagues. We are therefore confident that under his leadership, the team will continue to meet the evolving needs of our customers,” said Meyrick.

Besides the transition, the global broker also recently announced its financial results for the third quarter of 2024, reporting an increase in revenue and a decrease in net income attributable to shareholders.

The majority of Aon’s total revenue came from its commercial risk solutions unit, which contributed $1.85 billion in the third quarter. Meanwhile, US$870 million came from healthcare solutions; US$503 million from reinsurance solutions; and US$499 million, wealth management solutions. All four segments saw a slight increase in revenue in the third quarter.

“Our performance over the first three quarters positions us well to generate annual results in line with our financial guidance and demonstrates the success of our 3×3 plan to deliver better client solutions in venture capital and human capital, powered by Aon’s commercial services. » said CEO Greg Case.

What do you think of this story? Please feel free to share your comments below.