AIG to pay Benmosche $7M per year, plus incentives

American International Group Inc. will pay its new president and CEO an annual salary of $7 million in cash and stock, plus incentives that are subject to rules established by the U.S. Treasury Department's Troubled Asset Relief Program, the company said in a Form 8-K filed Aug. 17.

Saved in:
Bibliographic Details
Published inThe SNL Insurance Daily
Main Author Spie, Samuel
Format Trade Publication Article
LanguageEnglish
Published Charlottesville SNL Financial LC 18.08.2009
Subjects
Demutualization
Executive compensation
TARP funds
Wages & salaries
Online AccessGet full text
ISSN1090-4204

Cover

More Information
Summary:American International Group Inc. will pay its new president and CEO an annual salary of $7 million in cash and stock, plus incentives that are subject to rules established by the U.S. Treasury Department's Troubled Asset Relief Program, the company said in a Form 8-K filed Aug. 17.
ISSN:1090-4204