8-KLeadership Changes

Aon plc 8-K Report, Executive Changes (Sep 6, 2022)

Filed September 6, 2022For Securities:AON

Summary

Aon plc announced a significant addition to its Board of Directors with the appointment of Adriana Karaboutis, effective September 8, 2022. Ms. Karaboutis brings extensive global experience in technology, digital transformation, and information leadership from her senior roles at major corporations such as National Grid PLC, Biogen Inc., and Dell, Inc. Her appointment is expected to strengthen the Board's expertise, particularly in areas critical to Aon's ongoing strategy and operations. Investors will note that Ms. Karaboutis is slated to join the Audit Committee and its Compliance Sub-Committee, signaling a focus on governance and oversight. Her compensation will align with Aon's standard practices for non-employee directors, and no special arrangements or related-party transactions are involved in her appointment. This move is a positive development, enhancing the Board's diversity of skills and experience.

Key Highlights

  • 1Adriana Karaboutis appointed as a Director to the Board of Directors, effective September 8, 2022.
  • 2Ms. Karaboutis will serve until the 2023 annual general meeting of shareholders.
  • 3She is expected to be appointed to the Audit Committee and the Compliance Sub-Committee of the Audit Committee.
  • 4Ms. Karaboutis possesses extensive experience as Chief Information and Digital Officer at National Grid PLC.
  • 5Her prior roles include senior technology and executive leadership positions at Biogen Inc. and Dell, Inc.
  • 6Her compensation will follow Aon's standard non-employee director compensation practices.
  • 7There are no disclosed arrangements or related-party transactions concerning her appointment.

Frequently Asked Questions

Adriana Karaboutis is a seasoned technology executive with extensive global experience. Her most recent role was Chief Information and Digital Officer at National Grid PLC. Previously, she held senior positions at Biogen Inc. and Dell, Inc., and spent over 20 years in various leadership roles at General Motors and Ford Motor Company.

The Board expects to appoint Ms. Karaboutis to the Audit Committee of the Board and the Compliance Sub-Committee of the Audit Committee.

Ms. Karaboutis will receive compensation as a non-employee director in accordance with Aon's standard non-employee director compensation practices. This compensation will be prorated based on her start date.

No, the filing states there is no arrangement between Ms. Karaboutis and any other person pursuant to which she was selected as a director, and there are no related-party transactions that require disclosure under Item 404(a) of Regulation S-K.