STAMFORD, Conn., June 29, 2011 – McLagan, an Aon Hewitt company, recently named Michael Burke as President, with Brian Dunn moving into the role of Chairman. Dunn will continue to serve as CEO for the broader Global Compensation practice of Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE:AON).
This move is designed to further the integration between the Performance / Reward practice within McLagan, reflecting changing client needs for advice and benchmarking that bridge performance, compensation and the regulatory environment.
In his role as Head of Europe, Burke was instrumental in building McLagan’s industry-leading Performance practice, which, in combination with the historic compensation capabilities, significantly increased the value of the solutions McLagan delivers to clients. In this capacity, Burke worked with the majority of the global banking and capital markets firms for more than a decade. Prior to joining McLagan, Burke was the co-founder of MIB Partners, which was subsequently acquired by McLagan. Burke also has worked with UBS Investment Bank and BZW, within their banking and capital markets divisions.
Dunn will continue to lead the Aon Hewitt Global Compensation franchise, focusing on a broader and more seamless product offering, as well as greater geographic breadth. This will be particularly significant for clients with global platforms, seeking a single solution across all locations. In addition, Dunn will continue to focus on his client responsibilities in the executive compensation space.
# # #
McLagan is the leading Performance / Reward consulting and benchmarking firm for the financial services industry. McLagan helps clients make better decisions by applying market pay and performance information to their business problems. The firm believes that accurate market data is a requirement for aligning resources with opportunities. Market data identifies market opportunities, business improvement opportunities and prices for talent and products. McLagan’s goal is to provide a complete and accurate set of data, coupled with insights, to help management interpret market trends and apply them to improve business results. To learn more, visit www.McLagan.com.
About Aon Hewitt
Aon Hewitt is the global leader in human resource consulting and outsourcing solutions. The company partners with organizations to solve their most complex benefits, talent and related financial challenges, and improve business performance. Aon Hewitt designs, implements, communicates and administers a wide range of human capital, retirement, investment management, health care, compensation and talent management strategies. With more than 29,000 professionals in 90 countries, Aon Hewitt makes the world a better place to work for clients and their employees. For more information on Aon Hewitt, please visit www.aonhewitt.com.