UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Reference is hereby made to the Current Report on Form 8-K filed by Aon plc on March 17, 2025, which disclosed that on March 14, 2025, Eric Andersen had transitioned to the role of Senior Advisor from the role of President of Aon plc and Aon Corporation.
On January 6, 2026, Aon Corporation, an indirect, wholly owned subsidiary of Aon plc (Aon plc together with its subsidiaries, “Aon” or the “Company”), entered into a separation agreement with Mr. Andersen (the “Separation Agreement”), in connection with Mr. Andersen’s departure from the Company effective January 31, 2026 (the “Separation Date”).
Pursuant to the terms of the Separation Agreement, Mr. Andersen will receive a cash lump sum equal to Mr. Andersen’s 2025 target annual incentive under the annual incentive compensation plan. Mr. Andersen’s outstanding equity awards will be treated as follows, with capitalized terms as defined in Exhibit A to the Separation Agreement: (i) the LPP 19 PSUs, the 3x3PP PSUs, and the Special PSUs will be forfeited without consideration, (ii) the LPP 18 PSUs and the 2023 ISP RSUs will vest in the first quarter of 2026 in accordance with their terms, disregarding continued employment conditions; and (iii) the 2025 ISP RSUs will vest no later than February 13, 2026. The separation benefits described above, including equity treatment, are being provided in consideration for Mr. Andersen’s timely agreement to (and non-revocation of) a general release of claims and compliance with the terms and conditions of the Separation Agreement.
The foregoing summary of the Separation Agreement is qualified in its entirety by reference to the Separation Agreement, a copy of which is attached hereto as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits
| Exhibit Number |
Description of Exhibit | |
| 10.1 | Separation Agreement, dated as of January 6, 2026, by and between Aon Corporation and Eric Andersen | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Aon plc | ||
| By: | /s/ Darren Zeidel | |
| Name: | Darren Zeidel | |
| Title: | Executive Vice President, General Counsel and Company Secretary | |
Date: January 7, 2026