Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
On April 24, 2020, due to the COVID-19 pandemic and the resulting economic
disruption, the Board of Directors of Aon plc (the "Company") determined to
temporarily reduce the annual base salaries of the Company's named executive
officers ("NEOs") and the cash compensation of each of the Company's
non-executive directors.
Each of the Company's NEOs, Gregory Case, Chief Executive Officer, Christa
Davies, Chief Financial Officer, Eric Andersen, President, and John Bruno, Chief
Operating Officer, as well as Tony Goland, the Company's Chief Innovation
Officer, have agreed to a temporary 50% reduction in his or her base salary from
May 1, 2020 through December 31, 2020, or until such other date as decided by
the Company.
In addition, each of the Company's non-executive directors has agreed to a
temporary 50% reduction in his or her cash compensation from May 1, 2020 through
December 31, 2020, or until such other date as decided by the Company.
Item 7.01 Regulation FD Disclosure
On April 27, 2020, the Company issued a Message to Colleagues, outlining
additional actions being taken by the Company to mitigate the impact of the
COVID-19 pandemic on the Company. A copy of the Message to Colleagues is
attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 7.01, including Exhibit 99.1, shall not be deemed
to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended, nor shall it be deemed to be incorporated by reference in any filing
under the Securities Act of 1933, as amended, except as shall be expressly set
forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number Description
99.1 Message to Colleagues, dated April 27, 2020.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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