Aon Releases Statement of Patrick G. Ryan
26 Agosto 2005 - 11:23PM
PR Newswire (US)
CHICAGO, Aug. 26 /PRNewswire-FirstCall/ -- Aon Corporation
(NYSE:AOC) today released the following statement of Patrick G.
Ryan: "During my 42 years as CEO, I have not sold any of my Aon
stock, though I have gifted a certain portion of my holdings to
charities, my family and trusts. Having just celebrated my 68th
birthday, however, the time has come for me to address certain
personal estate, charitable and other financial matters.
Accordingly, I am putting in place a 10b5-1 plan under which I will
sell a portion of my Aon stock over the course of the next year.
The plan covers 5 million shares out of my total beneficial
holdings of nearly 26 million shares. As Aon's Chairman, I have
great faith in our management team under the leadership of our new
CEO, Greg Case, and after this sale is complete, my wife and I will
remain the Company's largest individual shareholders and among its
largest shareholders of any kind." Aon Corporation
(http://www.aon.com/) is a leading provider of risk management
services, insurance and reinsurance brokerage, human capital and
management consulting, and specialty insurance underwriting. There
are 47,000 employees working in Aon's 500 offices in more than 120
countries. Backed by broad resources, industry knowledge and
technical expertise, Aon professionals help a wide range of clients
develop effective risk management and workforce productivity
solutions. 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, changes in
revenues and earnings due to the elimination of contingent
commissions, other uncertainties surrounding a new compensation
model, the impact of investigations brought by state attorneys
general, state insurance regulators, federal prosecutors, and
federal regulators, the impact of class actions and individual
lawsuits including client class actions, securities class actions,
derivative actions, and ERISA class actions, the cost of resolution
of other contingent liabilities and loss contingencies, and the
difference in ultimate paid claims in our underwriting companies
from actuarial estimates. 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.
Investor Contact: Craig Streem Corporate Vice President, Investor
Relations 312-381-3983 Media Contact: Al Orendorff Director, Public
Relations 312-381-3153 DATASOURCE: Aon Corporation CONTACT:
Investors, Craig Streem, Corporate Vice President, Investor
Relations, +1-312-381-3983, or Media, Al Orendorff, Director,
Public Relations, +1-312-381-3153, both of Aon Corporation Web
site: http://www.aon.com/
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