Former AIG chief Sullivan gets $47m payout
AIG has revealed that it will pay former chief executive Martin Sullivan $47m in severance pay after he resigned from his post last month, and SEC filing has revealed.
mr Sullivan will be given severance pay of $15m, a pro rata bonus of $4m and "continued vesting of outstanding equity and long-term cash awards" of around $28m. Mr Sullivan has also signed nonOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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