Aon Appoints Bill Choate Executive Vice President in Charge of the Middle Market and Head of Aon Risk Services' Southern Region
14 Marzo 2007 - 10:15PM
PR Newswire (US)
CHICAGO, March 14 /PRNewswire-FirstCall/ -- Aon (NYSE:AOC) today
announces that William M. Choate has been appointed executive vice
president in charge of the middle market and head of Aon Risk
Services' Southern Region. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO ) A 25-year
industry veteran, Choate has held a number of senior positions in
the southern U.S. throughout his career. He came to Aon from
Wachovia, where he served as managing director of Wachovia
Insurance Services and senior vice president. As managing director,
Choate was responsible for Wachovia's national sales team, risk
practice and industry groups and carrier relations and bank
integration teams. Prior to coming to Wachovia, Choate served as
managing director and head of Global Risk and Insurance Services
for Marsh Inc. His career at Marsh began after Marsh merged with
Johnson & Higgins, where Choate was managing principal. Said
Greg Case, president and chief executive officer, Aon Corporation,
"I am extremely excited to have Bill join our team. Aon is
committed to creating an environment for world's best insurance and
professional services talent. Adding a professional of Bill's
talent to our team is a tremendous benefit for our clients and for
Aon." Aon Risk Services Americas Chief Executive Officer Steve
McGill said, "This is an important role for our organization and it
was critical we fill it with an experienced, thoughtful insurance
executive such as Bill. In this role, he will work with our
exceptional office and practice leaders to develop unique value
propositions to serve the middle market." "We are focused on
winning at the local geographic level and winning with our most
important client segment, the middle market," said Ted Devine, Aon
head of corporate strategy and chief operating officer, Aon Risk
Services Americas. "Bill's experience, expertise and leadership
will be a great addition to the Aon team." In his new role at Aon,
Choate will develop middle market strategies as well as oversee
client and carrier relationships, sales and marketing, and business
operations in the south. Choate will be based in Charlotte, North
Carolina. Choate earned his bachelor's degree from the University
of North Carolina at Chapel Hill. About Aon 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 43,000 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. For more information contact: Al Orendorff 312.381.3153
http://www.aon.com/newsroom 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, our ability to execute the stock repurchase program,
our ability to obtain regulatory or legislative changes to permit
continuous sales of our supplemental Medicare health product,
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, ERISA class
actions, the impact of the analysis of practices relating to stock
options, 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.
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT: Al
Orendorff of Aon Corporation, +1-312-381-3153, Web site:
http://www.aon.com/
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