Aon Hewitt

Hewitt Associates Inc. was a publicly traded American company with headquarters in Lincolnshire, Illinois.

Since October 2010, Hewitt is part of the Aon Corporation. Hewitt 's activities were merged with Aon and the new subsidiary occurs since under the name of Aon Hewitt.

The company was active in the outsourcing of human resources, English Human Resource Consulting, in 33 countries and had claims to be there more than 3000 customers.

Hewitt Associates was listed in the ranking of the Fortune 1000 Fortune magazine and was traded under the symbol HEW on the New York Stock Exchange. The divisions were consulting and planning of pension entitlements and health of customers.

History

On October 1, 1940 Ted Hewitt founded the company in Lake Forest Edwin Shields Hewitt and Associates as an insurance broker with a focus on financial advice.

A first regional branch office was opened in Minneapolis in 1959. In 1974, Hewitt made ​​a department in the Canadian city of Toronto and in Paris in 1985 and in St Albans, near London.

2004, the acquisition of Exult Inc., a specialist in business process outsourcing, headquartered in Irvine, California and 2400 employees, for 690 million U.S. dollars was announced.

Over time, the company has acquired another company.

• Bacon & Woodrow
• Northern Trust Retirement Consulting, L.L.C.
• Cyborg Worldwide, Inc.
• LCG
• Acquire Real Life HR
• New Bridge Street Consultants

On July 12, 2010, the Chicago-based company Aon Corporation announced Hewitt for 4.9 billion U.S. dollars in cash and shares to want to take over. The purchase was completed on October 1, 2010 and trading of the shares on the New York Stock Exchange has been set. Two weeks later, Aon announced that 1500-1800 employees will be laid off.