Aon has announced that Jeff Poliseno (pictured above) will retire after a 30-year career in aerospace broking and risk management.
Poliseno, who joined Aon’s global space team in 2004, has served as chief executive officer of the team since August 2008. He played a key role in developing the firm’s space capabilities, establishing Aon as a trusted partner to clients in the aerospace sector.
Lee Meyrick, global industry specialty leader for transportation and logistics at Aon, commented on Poliseno’s departure.
“We are grateful for Jeff’s visionary leadership and want to thank him for his invaluable contribution and dedication to clients and colleagues over the years,” Meyrick said.
Following Poliseno’s retirement, Jared Ball (pictured right) will assume additional responsibilities as the global practice leader for Aon’s space team. With over 20 years of experience in the aerospace sector, Aon says that Ball has been recognised for delivering solutions and building strong client relationships.
He most recently served as chief technical officer of Aon’s global space team and is expected to continue driving the firm’s strategic initiatives within the sector.
“Jared Ball’s appointment reflects our ongoing commitment to excellence and the future growth of our space practice. Jeff has been closely collaborating with Jared to ensure a seamless transition and continued support for the firm’s space clients and colleagues, so we are confident that under his guidance, the team will continue to meet the evolving needs of our clients,” Meyrick said.
Besides the transition, the global broker also recently reported its financial results for the third quarter of 2024, reporting an increase in revenue and a decrease in net income attributable to shareholders.
The bulk of Aon’s total revenue came from its commercial risk solutions unit, which contributed US$1.85 billion in the third quarter. Meanwhile US$870 million came from health solutions; US$503 million from reinsurance solutions; and US$499 million, wealth solutions. All four segments saw an uptick in Q3 revenue.
“Our performance through the first three quarters positions us well to deliver full-year results in line with our financial guidance and demonstrates the success of our 3x3 Plan to bring better client solutions across risk capital and human capital, powered by Aon business services,” CEO Greg Case said.
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