AOC Aon Corp.

Cecil Hemingway to lead retirement operations CHICAGO, June 28 /PRNewswire-FirstCall/ -- Aon Consulting, the human capital consulting organization of Aon Corporation (NYSE:AOC), announced today the appointment of Cecil Hemingway as Retirement Practice leader of Aon Consulting U.S. Hemingway will succeed Chris Bone, who announced his intention earlier this year to retire. (Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO) Hemingway comes to Aon Consulting from Towers Perrin where he was managing principal and the head of the Legacy Pension Solutions Practice. He specializes in advising organizations on financial and human capital management of their retirement programs, including strategy development, value optimization, risk management and solution implementation. In his nine years at Towers Perrin, he quickly moved up the ranks every two years holding positions which included head of the Stamford office Retirement Practice, head of the New York Metro Region Retirement Practice, and head of the East Region Retirement Practice, before assuming his most recent position. Hemingway also was a member of Towers Perrin's Board of Directors. In his new role, Hemingway will lead Retirement Practice operations in the United States. He will be responsible for strategy development and implementation of objectives, policies and plans. He also will serve on the U.S. Operating Committee for Aon Consulting. "With nearly 20 years of retirement consulting experience, Cecil has proven himself as a successful leader and is highly regarded among his peers," said Kathryn Hayley, chief executive officer of Aon Consulting U.S. "The expertise, thought leadership and innovation he will bring to Aon Consulting will have a tremendous impact on the growth and development of the Retirement Practice and the value we offer clients." "Cecil's arrival is another step in our journey in building the preeminent firm focused on helping our clients shape the workforce of the future. He brings a unique combination of offering distinctive value to clients and possessing a passion for developing truly innovative retirement solutions, which will help shape the future of the industry. We expect Cecil to have a dramatic impact on our firm," said Andrew Appel, chief executive officer of Aon Consulting Worldwide. "In our focus on building teams of unmatched talent, we are pleased Cecil chose Aon in which to continue his impressive career," said Greg Case, Aon Corp. chief executive officer. Hemingway received a bachelor's degree in chemical engineering from the University of Witwatersrand, South Africa, and a master's degree in applied mathematics from the Courant Institute at New York University. He also is a fellow of the Society of Actuaries. Hemingway is based in Stamford, Conn., and he begins serving in his role of Retirement Practice leader today. 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. Aon Consulting Worldwide (http://www.aon.com/hcc) is among the top global human capital consulting firms, with 2006 revenues of $1.282 billion and 6,500 professionals in 117 offices worldwide. Aon Consulting is reshaping the workplace of the future through benefits, talent management and rewards strategies and solutions. In August 2006, Aon Consulting was named the best employee benefit consulting firm by the readers of Business Insurance magazine. 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. For more information, contact: Sara Carlson 312.381.5045 http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT: Sara Carlson of Aon Corporation, +1-312-381-5045, Web site: http://www.aon.com/

Copyright