87.5 F
San Fernando
Saturday, Jun 3, 2023

AIG adopts exec compensation, bonus restrictions

CHARLOTTE, N.C. (AP) _ American International Group is limiting how much it pays its executives, including granting a $1 annual salary for this year and next year to its Chief Executive Officer Edward Liddy. The decision is one of many broader moves made by the troubled New York-based insurer Tuesday. It has been under pressure to restrict executive pay since accepting billions in government assistance. For the full story visit www.latimes.com/business/nationworld/wire/sns-ap-aig-compensation,1,3694720.story

Featured Articles

Related Articles