Argo Group International Holdings Ltd. has been subpoenaed by U.S. securities regulators about perks for its executives and is conducting an internal review. The U.S. Securities and Exchange Commission is seeking documents focused on Argo’s disclosures about executive compensation, the company said in response to inquiries from Bloomberg News. Its independent directors are conducting a… Continue reading Argo Group Gets SEC Subpoena Over Executive Compensation
Tag: executive compensation
AIG Shareholders Narrowly Approve CEO’s $21 Million Pay Package
American International Group Inc said shareholders approved a $21 million pay package for Chief Executive Officer Brian Duperreault by only a narrow margin during the company’s annual meeting on Tuesday. A nonbinding resolution to endorse the firm’s executive compensation received support from just 55% of votes cast, according to a securities filing by the company… Continue reading AIG Shareholders Narrowly Approve CEO’s $21 Million Pay Package
Advisory Firms Say AIG Shareholders Should Vote ‘No’ on Executive Pay
American International Group Inc shareholders should vote against compensation packages for top executives at the insurer’s annual meeting next week, according to two advisory firms that hold sway over investor votes. Institutional Shareholder Services Inc and Glass Lewis & Co, which together influence the vast majority of institutional shareholder votes, each argued in recent reports… Continue reading Advisory Firms Say AIG Shareholders Should Vote ‘No’ on Executive Pay