Departing AIG CEO Gets No Bonus But Will Get $5 Million to Stay Until Successor Arrives

Peter Hancock is getting $5 million in cash to stay on as American International Group’s chief executive officer while the board searches for his replacement. But the insurer’s departing president and CEO will forgo his bonus, according to recent regulatory …
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Departing AIG CEO Gets No Bonus But Will Get $5 Million to Stay Until Successor Arrives was originally posted by ClaimsMate.com Insurance Information Resources