Aon Extends Employment Agreement With President and Chief Executive Officer Greg Case
November 16 2009 - 3:01PM
PR Newswire (US)
CHICAGO, Nov. 16 /PRNewswire-FirstCall/ -- Aon Corporation, the
leading global provider of risk management services and human
capital consulting, today announced that it has extended the
employment agreement of President and Chief Executive Officer
Gregory C. Case, which was set to renew in 2010, through April 3,
2015. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO) "Greg
continues to do a terrific job leading Aon," said Lester B. Knight,
non-executive chairman and director of Aon Corporation. "Under
Greg's leadership, the firm is well-positioned to enhance
shareholder value." "Thanks to the tremendous work of our team
members around the world, the core foundation of Aon continues to
improve and is stronger than ever," said Case. "I am grateful for
the support of the Aon Board of Directors and deeply appreciative
of the opportunity to work with my Aon colleagues to serve our
valued clients and continue to build our great firm." Case, 46, has
served as President and Chief Executive Officer of Aon Corporation
since April 2005 when he joined the firm. He currently serves on
the boards of Discover Financial Services, the International
Insurance Society, Inc., Children's Memorial Hospital, The Field
Museum of Chicago, the Economic Club of Chicago, the Chicago
Symphony Orchestra, and the St. John's University School of Risk
Management, where he was named the 2008 Insurance Executive of the
Year. About Aon Aon Corporation (NYSE:AOC) is the leading global
provider of risk management services, insurance and reinsurance
brokerage, and human capital consulting. Through its more than
37,000 colleagues worldwide, Aon readily delivers distinctive
client value via innovative and effective risk management and
workforce productivity solutions. Aon's industry-leading global
resources and technical expertise are delivered locally through
more than 500 offices in more than 120 countries. Named the world's
best broker by Euromoney magazine's 2008 and 2009 Insurance Survey,
Aon also ranked highest on Business Insurance's listing of the
world's largest insurance brokers based on commercial retail,
wholesale, reinsurance and personal lines brokerage revenues in
2008. A.M. Best deemed Aon the number one insurance broker based on
brokerage revenues in 2007 and 2008, and Aon was voted best
insurance intermediary, best reinsurance intermediary and best
employee benefits consulting firm in 2007, 2008 and 2009 by the
readers of Business Insurance. For more information on Aon, log
onto http://www.aon.com/ Safe Harbor Statement This press release
contains certain statements related to future results, or states
our intentions, beliefs and expectations or predictions for the
future which are forward-looking statements as that term is defined
in the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from either historical or anticipated results depending on a
variety of factors. Potential factors that could impact results
include: general economic conditions in different countries in
which we do business around the world, changes in global equity and
fixed income markets that could affect the return on invested
assets, fluctuations in exchange and interest rates that could
influence revenue and expense, rating agency actions that could
affect our ability to borrow funds, funding of our various pension
plans, changes in the competitive environment, our ability to
implement restructuring initiatives and other initiatives intended
to yield cost savings, changes in commercial property and casualty
markets and commercial premium rates that could impact revenues,
the outcome of inquiries from regulators and investigations related
to compliance with the U.S. Foreign Corrupt Practices Act and
non-U.S. anti-corruption laws, the impact of investigations brought
by U.S. state attorneys general, U.S. state insurance regulators,
U.S. federal prosecutors, U.S. federal regulators, and regulatory
authorities in the U.K. and other countries, the impact of class
actions and individual lawsuits including client class actions,
securities class actions, derivative actions, ERISA class actions,
the cost of resolution of other contingent liabilities and loss
contingencies, our ability to integrate Benfield successfully and
to realize the anticipated benefits of the Benfield merger. Further
information concerning the Company and its business, including
factors that potentially could materially affect the Company's
financial results, is contained in the Company's filings with the
Securities and Exchange Commission. Media Contact: David Prosperi
Aon Corp. 312-381-2485
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT:
David Prosperi of Aon Corp., +1-312-381-2485, Web Site:
http://www.aon.com/
Copyright