The chief executive of the soon-to-be world’s largest insurance brokerage – granting the mega merger between Aon Plc and Willis Towers Watson gets past transaction hurdles – has come to the defence of Aon’s move to temporarily reduce pay.
“We are a fact-based organisation,” Aon CEO Greg Case told the Financial Times in an interview. “We took fact-driven decisions.” Case, who himself took a 50% salary cut, said the measure was the result of what he described as a “sober” assessment.
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