September 1, 2005 by Canadian Underwriter
Approximately one-quarter of Patrick G. Ryan’s shares in Aon will be available for purchase over the next year.
Ryan, the Company’s corporate executive chairman, says this move will represent the first time in his 42 years heading the brokerage that he has sold any Aon stock.
Of the almost 26 million shares he currently holds, only 5 million will be put on the market over the next year.
Only selling around one-fifth of his holdings, Ryan and his wife will remain Aon’s largest individual shareholder.
Have your say: