American International Group Inc said shareholders approved a $21 million pay pa...
FILE PHOTO: Brian Duperreault, President and Chief Executive Officer of American International Group speaks at the UJA-Federation of New York General Insurance Annual Event in New York City, New York, U.S., June 5, 2018. REUTERS/Mike Segar
A nonbinding resolution to endorse the executive compensation passed with a majority of votes cast, company Chairman Doug Steenland announced, adding that further details would be released later in the day. AIG’s executive compensation has an “unmitigated pay-for-performance misalignment,” ISS said in a report on May 7.
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