Givaudan Fragrances Corp., East Hanover, N.J., hired Aon Hewitt Investment Consulting as delegated investment consultant of its $375 million U.S. defined benefit plan, said William Marino, chief financial officer, USA, in an email.
Aon Hewitt’s delegated solutions business will operate the plan’s money management and fiduciary operations. SEI previously provided those services since 2000.
The company went through an RFP process, Mr. Marino said, and SEI was part of that process.