• Follow us

Bermuda News

AIG Paid CEO Brian Duperreault $20.9M In 2018 - Bernews

American International Group [AIG] paid President and Chief Executive Officer Brian Duperreault $20.9 million in 2018, according to a story in the Reuters.

The story said, “Insurer American International Group Inc said on Tuesday it paid Chief Executive Officer Brian Duperreault $20.9 million in 2018 while also outlining a series of reforms to its pay practices in the face of shareholder criticism.

“The pay, for Duperreault’s first full year at the helm of the insurer, was less than half the $43.1 million he received in 2017, which included a $12 million cash bonus and other one-time awards.

“Duperreault, known in the insurance industry as a turnaround expert, took charge of AIG in May 2017.

“In its proxy, filed on Tuesday, AIG listed a number of steps it has taken in response to shareholder concerns, including tying executive pay more directly to share performance.

“For instance, the company said that although Duperreault could have achieved a short-term incentive award of $3.456 million, the board reduced that to $3.04 million in order to reflect “shared accountability” for overall company performance.”

Read the full story here on the Reuters website.

click here banner business executives

Share via emailRelated Stories

Read More About

#BermudaBusiness #BrianDuperreault #BusinessExecutives

Category: All, Business

Read More



Leave A Comment

More News

Bernews.com

Devils Isle Audio ‘Live & Direct’ On May 2019-04-04 07:36:45Enygma Productions is getting set to present ‘DIA Live and Direct’ on Saturday, May 4th at the Blue Waters Anglers Club. A spokesperson...

Bermuda’s Pompano Couples Golf Tournament 2019-04-04 07:16:48Round 2 of the Pompano Couples Spring Tournament took place at the Tuckers Point Club, with couples from the United States and Canada competing in a..

Jamar Dill: “Has Been An Amazing Experience” 2019-04-04 07:15:28[Written by Jamar Dill] My name is Jamar Dill and I am an Electrical Engineer for the Ministry of Public Works. My background includes 19 years of...

Photos & Result: Budgies & Mixed A Team 2019-04-04 07:14:23Fifteen goals in total were scored during a Bermuda Field Hockey double-header that took place at the National Sports Center. Pink Robins 2

Tennis: Warner & Whitter Continue In Barbados 2019-04-04 07:02:13Antonio Warner and Mackai Whitter both fell in their Semi-Finals of the CO Williams Barbados COTECC Circuit 2019 Junior International Tournament....

Johnson Wins Best Supporting Actress In L.A. 2019-04-04 07:00:45Molly Johnson has won Best Supporting Actress for her performance in The Fall Leaves, an independently-produced film competing in the L.A. Indie...

Annual Eye Institute Classic Race On April 14th 2019-04-04 06:03:38The Arboretum will come alive in just under two weeks as runners and walkers are expected to take part in the annual Eye Institute Classic Run an

Video: April 4th Bernews Morning Newsflash 2019-04-04 05:59:48Police confirm death of 63-year-old woman after a flight diverted to Bermuda, Clarien Bank donates $106,000 to local charities,...

Asset Tokenisation At The Ultra Connect Series 2019-04-04 05:52:32Hub Culture hosted the first Ultra Exchange Connect Series on 18 March 2019 in Bermuda and on 27 March 2019 in Hong Kong. Sponsored by Appleby, the...

AIG Paid CEO Brian Duperreault $20.9M In 2018 2019-04-04 05:28:20American International Group [AIG] paid President and Chief Executive Officer Brian Duperreault $20.9 million in 2018, according to a story in the...

Bermuda Outstanding Teen Awards On April 20 2019-04-04 05:20:25Teen Services is advising people to ‘save the date’ as they will be hosting their 36th annual Bermuda Outstanding Teen Awards Ceremon

Bermuda Stock Exchange Report: April 3 2019 2019-04-04 05:15:41April 3 saw 2,737 shares trade on the Bermuda Stock Exchange, valued at $37,565.00 BD. 1,500 shares were traded by Polaris Holding Co. Ltd, closing...

CaribDirect.com

Name That Voice 80 2019-03-30 23:00:54Delia invites you to guess the name of the voice you hear in Name That Voice! It could be someone recently in the news, a celebrity, even a cartoon ch

Black Voices in Britain before The Windrush 2019-03-30 11:47:38Nu Ikons Production are pleased to announce the latest chapter in their “Voices of Black Folk” series-“Black Voices in Britain Befor

OECS Commission Feature – Edwin St. Catherine 2019-03-30 00:00:05Tuesday, March 26, 2019 — The OECS Statistics in Focus recently sat down with one of the region’s statistical stalwarts to reflect on 

Caribbean: in no one’s backyard 2019-03-25 09:19:15P.J. Patterson, the former Prime Minister of Jamaica, recently observed to an attentive audience in Washington, D.C., the Capital of the United States

Name That Voice 79 2019-03-24 00:00:06Delia invites you to guess the name of the voice you hear in Name That Voice! It could be someone recently in the news, a celebrity, even a cartoon ch

Prince of Wales in Saint Lucia 2019-03-23 00:01:34VIEUX FORT, Saint Lucia (March 21, 2019) – The management and staff of Coconut Bay Beach Resort & Spa and Serenity at Coconut Bay staged the

Duke’s Caribbean 2019-03-23 00:00:45In Washington, DC. I attended the Colour of Music Festival Orchestral & Chamber debut which featured the students of the Duke Ellington School of

EU blacklist: Cooperation or Coercion? 2019-03-17 05:27:48On 12 March, the Council of the 28-nations European Union (EU) placed 15 small territories on a list of what it calls ‘non-cooperative jurisdict

Name That Voice 78 2019-03-16 23:59:25Delia invites you to guess the name of the voice you hear in Name That Voice! It could be someone recently in the news, a celebrity, even a cartoon ch

‘Abandoned’ at Waterstones 2019-03-16 00:00:20Everyone…My daughter Kandy did this. Alone. Just as she was abandoned pregnant, she wrote this book on her own. I’ve said before that it


Disclaimer and Notice:WorldProNews.com is not responsible of these news or any information published on this website.