Cincinnati Financial Corporation announced on November 15, 2024, that Thomas J. Aaron resigned from its board of directors and the boards of affiliated companies. Mr. Aaron had served as a director since 2019 and was a member of the audit and compensation committees.
The company stated that Mr. Aaron's resignation was not due to any disagreement with the companies regarding their operations, policies, or practices. His contributions included providing financial expertise and guiding management in planning, risk management, investor relations, and capital management.
Concurrently with Mr. Aaron's departure, the board of directors reduced its size to 13 members. This change impacts the composition and overall size of the company's governing body.
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