Aon amended CEO Gregory C.
Filed with the SEC on · Summarized by InvestorsBot
Aon amended CEO Gregory C. Case’s employment agreement (signed Dec 31, 2025) extending his term to Dec 31, 2030; he’ll continue as President & CEO and be nominated to the Board while employed. Parties: Aon plc & Aon Corp. $AON 📅 #Aon #governance
Compensation: Case’s base salary rises to $1,750,000 and he remains eligible for a target annual bonus of ≥250% of base (actual payout subject to independent directors’ discretion). Effective under the Dec 31, 2025 agreement. $AON 💰 #Aon #executivecomp
Long‑term incentive: Case receives PSUs with a $50M grant‑date target under the 2011 Incentive Plan; 5‑yr performance period 1/1/2026–12/31/2030. Payout 0–200% on organic revenue growth, adj. operating margin & free cash flow; capped at 100% if TSR is negative. $AON 📈 #Aon #LTI
Other material terms: 2‑year non‑compete and non‑solicit (regardless of termination reason), customary confidentiality/IP provisions, continued LPP eligibility, and termination rights substantially similar to prior agreement. $AON 🔒 #Aon #governance