Do Financial Incentives for CEOs Impact Business Outcomes?
Financial incentives for chief executive officers are intended to motivate them to lead the company toward achieving important business objectives. But how much impact do ...
CEO compensation News
Bonus Payments for Insurer CEOs Up 5 Percent in 2019: Study
Bonus payouts for insurance company chief executive officers continued to be above target and commensurate with good financial results and strong total shareholder return in 2019, according to a new ...
Greater Scrutiny of Argo Executive Compensation Began Before SEC Stepped In
After an Argo Group activist shareholder clamored for greater oversight of executive compensation for much of 2019, the investor appears to be finally getting its wish. On Oct. 8, Argo disclosed that ...
AIG Shareholders Back $21M Pay Package for CEO Duperreault
American International Group Inc said shareholders approved a $21 million pay package for Chief Executive Officer Brian Duperreault during the company's annual meeting on Tuesday. A non-binding ...
Activist Fund Pursues Removal of SCOR CEO as Chairman Over Thwarted Takeover Attempt
French activist fund CIAM will ask reinsurance company SCOR's CEO Denis Kessler to surrender the chairmanship of the company's board after he thwarted a takeover attempt earlier this year. CIAM, ...
New AIG Global COO Zaffino Gets Initial Pay Package Worth Over $8.5M
American International Group's new Global Chief Operating Officer Peter Zaffino starts his tenure at the struggling insurer with an initial pay package worth more than $8.5 million, according to a ...
For AIG, Recruiting Duperreault as CEO Was an Expensive Proposition
American International Group's decision to recruit Hamilton Insurance Group CEO Brian Duperreault as its next leader won't come cheap. To begin with, AIG will pay Hamilton $20 million to release ...
Departing AIG CEO Hancock Paid Nearly $9.6M in 2016, Despite Bonus Denial
American International Group Inc's board of directors declined to award Chief Executive Officer Peter Hancock a cash bonus for his work last year, after the company's dismal financial performance ...
A Struggling AIG Might Need Substantial Pay for Its Next CEO
American International Group Inc.'s new chief executive officer can expect to deal with a volatile industry, pressure from ratings firms and a restless board. And if the past is any guide, the new ...