Aon plc Files Definitive Proxy Statement (DEF 14A)
Ticker: AON · Form: DEF 14A · Filed: Apr 29, 2024
Sentiment: neutral
Topics: Aon plc, DEF 14A, Proxy Statement, Executive Compensation, Shareholder Voting
TL;DR
<b>Aon plc has filed its Definitive Proxy Statement (DEF 14A) for the period ending June 21, 2024.</b>
AI Summary
Aon plc (AON) filed a Proxy Statement (DEF 14A) with the SEC on April 29, 2024. Aon plc filed a DEF 14A form on April 29, 2024. The filing covers the period ending June 21, 2024. Aon plc was formerly known as Aon Corp and Combined International Corp. The company's fiscal year ends on December 31. The filing includes detailed information on executive compensation and equity awards.
Why It Matters
For investors and stakeholders tracking Aon plc, this filing contains several important signals. This filing is crucial for shareholders to understand executive compensation structures and potential impacts on company performance. Shareholders can use this information to make informed voting decisions on executive pay and other corporate governance matters.
Risk Assessment
Risk Level: low — Aon plc shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic shifts, indicating a low level of immediate risk.
Analyst Insight
Review the executive compensation details and any shareholder proposals to inform voting decisions.
Key Numbers
- 0000315293 — Central Index Key (Aon plc)
- 6411 — Standard Industrial Classification (Insurance Agents Brokers & Services)
- 2024-04-29 — Filing Date (DEF 14A)
- 2024-06-21 — Period of Report (DEF 14A)
Key Players & Entities
- Aon plc (company) — Filer
- Aon Corp (company) — Former company name
- Combined International Corp (company) — Former company name
- 2024-04-29 (date) — Filing date
- 2024-06-21 (date) — Period of report
FAQ
When did Aon plc file this DEF 14A?
Aon plc filed this Proxy Statement (DEF 14A) with the SEC on April 29, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Aon plc (AON).
Where can I read the original DEF 14A filing from Aon plc?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Aon plc.
What are the key takeaways from Aon plc's DEF 14A?
Aon plc filed this DEF 14A on April 29, 2024. Key takeaways: Aon plc filed a DEF 14A form on April 29, 2024.. The filing covers the period ending June 21, 2024.. Aon plc was formerly known as Aon Corp and Combined International Corp..
Is Aon plc a risky investment based on this filing?
Based on this DEF 14A, Aon plc presents a relatively low-risk profile. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic shifts, indicating a low level of immediate risk.
What should investors do after reading Aon plc's DEF 14A?
Review the executive compensation details and any shareholder proposals to inform voting decisions. The overall sentiment from this filing is neutral.
How does Aon plc compare to its industry peers?
Aon plc operates in the insurance brokers and services industry, providing risk management and human capital solutions.
Are there regulatory concerns for Aon plc?
The DEF 14A filing is a regulatory requirement under the Securities Exchange Act of 1934 for public companies to provide detailed information to shareholders.
Industry Context
Aon plc operates in the insurance brokers and services industry, providing risk management and human capital solutions.
Regulatory Implications
The DEF 14A filing is a regulatory requirement under the Securities Exchange Act of 1934 for public companies to provide detailed information to shareholders.
What Investors Should Do
- Analyze executive compensation packages disclosed in the DEF 14A.
- Review any shareholder proposals and management's recommendations.
- Understand the company's corporate governance practices outlined in the filing.
Key Dates
- 2024-04-29: Filing Date — Filing of DEF 14A
- 2024-06-21: Period of Report — Covers the reporting period for the proxy statement
Year-Over-Year Comparison
This is a DEF 14A filing, which is a routine disclosure for annual shareholder meetings and executive compensation, rather than a quarterly earnings report.
Filing Stats: 4,505 words · 18 min read · ~15 pages · Grade level 13.9 · Accepted 2024-04-29 16:16:15
Key Financial Figures
- $3.2 billion — ss each of our key metrics. We returned $3.2 billion of capital to shareholders through shar
- $12.51 — ments. Diluted earnings per share was $12.51 and adjusted diluted earnings per share
- $14 — adjusted diluted earnings per share was $14.14, reflecting strong operational perfo
- $2.7 billion — tive capital management, highlighted by $2.7 billion of share repurchases during 2023, parti
- $3.4 billion — ws provided by operating activities was $3.4 billion in 2023, an increase of $216 million, o
- $216 m — as $3.4 billion in 2023, an increase of $216 million, or 7%, from $3.2 billion in 2022
- $160 m — as $3.2 billion in 2023, an increase of $160 million, or 5%, from $3.0 billion in 2022
- $3.0 billion — n increase of $160 million, or 5%, from $3.0 billion in 2022, reflecting an increase in cash
- $56 million — from operations, partially offset by a $56 million increase in capital expenditures. 202
- $31.23 — diluted earnings per share of at least $31.23 (threshold performance) over the perfor
- $38 — adjusted diluted earnings per share of $38.75, which exceeded the stretch performa
- $35.72 — adjusted diluted earnings per share of $35.72. In 2023, we granted PSUs under our eig
- $4,223 million — evement of adjusted operating income of $4,223 million. As part of the annual review process,
- $250,000 — ept that Mr. Zeidel received a portion ($250,000) of his earned annual incentive in cash
Filing Documents
- d726535ddef14a.htm (DEF 14A) — 1449KB
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- 0001193125-24-122308.txt ( ) — 7293KB
- aon-20231231.xsd (EX-101.SCH) — 5KB
- aon-20231231_def.xml (EX-101.DEF) — 5KB
- aon-20231231_lab.xml (EX-101.LAB) — 7KB
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Security Ownership of Directors and Executive Officers
Security Ownership of Directors and Executive Officers 24 Principal Holders of Voting Securities 25 Proposal 2—Advisory Resolution on
Executive Compensation
Executive Compensation 26 Compensation Discussion and Analysis 27 Compensation Committee Report 41
Executive Compensation
Executive Compensation 42 Report of the Audit Committee 63 Proposal 3—Resolution to Ratify the Appointment of Independent Registered Public Accounting Firm 65 Proposal 4—Resolution to re-appoint Ernst & Young Chartered Accountants as the Company's Statutory Auditor Under Irish Law 66 Proposal 5—Resolution to authorize the Board or the Audit Committee of the Board to Determine the Remuneration of the Company's Statutory Auditor Under Irish Law 66 Proposal 6—Resolution to Authorize the Board to Issue Class A Ordinary Shares Under Irish Law 67 Proposal 7—Resolution to Authorize the Board to Opt-Out of Statutory Pre-emption Rights Under Irish Law 68 Other Information 70 Questions and Answers About the 2024 Annual General Meeting and Voting 77 Appendix A A-1 Notice of Annual General Meeting of Shareholders Friday, June 21, 2024 8:30 a.m. Irish Standard Time 70 Sir John Rogerson's Quay Dublin 2, Ireland We are pleased to invite you to join the board of directors (the "Board" or the "Board of Directors") and senior leadership at the Aon plc ("Aon" or the "Company") annual general meeting of shareholders (the "Annual Meeting") scheduled for Friday, June 21, 2024 at 8:30 a.m. Irish Standard Time. Items of Business: 1. By separate resolutions, to elect the 12 director nominees described in the proxy statement. 2. To approve by an advisory resolution the compensation of the Company's named executive officers. 3. To ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm ("Ernst & Young US") for the fiscal year ending December 31, 2024. 4. To re-appoint Ernst & Young Chartered Accountants as the Company's statutory auditor under Irish law ("Ernst & Young Ireland"), to hold office until the conclusion of the Company's next annual general meeting. 5. To authorize the Board or the Audit Committee of the Board to determine the remuneration of Ernst & Young Ireland, i