Duperreault's total adjusted compensation slid 8.0% to $19.2M, which consists of $1.9M cash, $8.6M of stock, $2.8M of options and $5.9M from a non-equity incentive plan.
11 replies (most recent on top)
Work slowdown!
My dog could run AIG better than these caricatures of leaders. Right Buddy?
He said yes, and feed me.
He shouldn’t get paid 288x minimum wage...
Given the increasing population in low cost worker places and Remote working taking hold, the median wages will further decrease and the 288x may become 700x - alike WalMart.
Charlie Munger :
“I would rather throw a viper down my shirtfront than hire a compensation consultant”
LOL!
If the shareholders are down to spend the money, my opinion is useless; if the comp levels impact the ability to effectuate a competitive expense ratio, then there's an issue.
$5.9M from a non-equity incentive plan. What the hell is this? Massage parlor memberships???
To Post ID: @rjc+16nwcLsQ you are correct. Mean while they nickle and dime the workers. Most workers are over worked and underpaid except for Upper Management and Senior Management.
AIG is notorious for overpaying executives and tanking the company. And still paying millions to an undeserving few. It's the scorpion fable - they can't help themselves....it's in their nature.
Please reply to me. Is this:
- just? why?
- moral? why?
- ethical? why?
Not every CEO can lose $8 billion in a quarter. you have to pay top dollar for that kind of performance.