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AIG Pays Former CEO Sullivan a Severance Package Worth $47 Million
National News • July 1, 2008
American International Group Inc. said it paid a $47 million severance package to former Chief Executive Martin J. Sullivan, whose resignation took effect Tuesday.
Sullivan, who left his position ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: RE: RE: RE: Capitalist games | KO | Sep 29, 2008, 6:24 am |
| RE: RE: RE: Capitalist games | LARRY LOGIC | Sep 22, 2008, 4:20 pm |
| RE: RE: Capitalist games | Brokette | Sep 22, 2008, 10:00 am |
| RE: Capitalist games | bobr | Sep 21, 2008, 6:52 pm |
| BAIL THEM OUT!!!!???!!! | KO | Sep 20, 2008, 1:20 pm |
| $$$$ | blonde | Jul 10, 2008, 4:04 pm |
| RE: Bad investments weren't Marty's fault. | Dan D. | Jul 8, 2008, 8:40 pm |
| Bad investments weren't Marty's fault. | JP | Jul 8, 2008, 12:23 pm |
| RE: RE: RE: RE: Curses on Sullivan | Dan D. | Jul 7, 2008, 7:48 pm |
| RE: RE: RE: Curses on Sullivan | wudchuck | Jul 7, 2008, 4:30 pm |
| RE: RE: RE: Curses on Sullivan | WARREN WEENIE | Jul 7, 2008, 4:04 pm |
| RE: RE: Curses on Sullivan | Scott | Jul 7, 2008, 11:33 am |
| RE: Market Conditions | Tilly | Jul 3, 2008, 4:35 pm |
| CEO pay scale | Dawn | Jul 3, 2008, 12:47 pm |
| RE: Curses on Sullivan | Dan D. | Jul 3, 2008, 12:24 pm |
| RE: RE: RE: Such drama | Cometalia | Jul 3, 2008, 12:19 pm |
| RE: RE: Such drama | Brokette | Jul 3, 2008, 10:33 am |
| Curses on Sullivan | Black Magic Woman | Jul 3, 2008, 9:50 am |
| RE: Such drama | Not My American Way | Jul 3, 2008, 9:47 am |
| RE: The Dirty Little Secret | Bill | Jul 3, 2008, 9:11 am |
| RE: Such drama | LARRY LOGIC | Jul 2, 2008, 7:00 pm |
| Such drama | Jeff the Cynic | Jul 2, 2008, 4:55 pm |
| RE: I don't get it | Dan D. | Jul 2, 2008, 2:57 pm |
| RE: RE: Right. Bonus for failure. | Ex-AIG Customer | Jul 2, 2008, 2:32 pm |
| Market Conditions | Worker Bee | Jul 2, 2008, 2:29 pm |
| AIG Bonus Package | tsntyler | Jul 2, 2008, 2:25 pm |
| RE: RE: AIG Bonus Package | CSP | Jul 2, 2008, 2:22 pm |
| RE: AIG Bonus Package | Mary | Jul 2, 2008, 2:20 pm |
| AIG Bonus Package | Donald D | Jul 2, 2008, 1:51 pm |
| The Dirty Little Secret | Dread | Jul 2, 2008, 1:49 pm |
| RE: Have the workers pay | Brokette | Jul 2, 2008, 1:26 pm |
| Have the workers pay | Mongoose | Jul 2, 2008, 1:23 pm |
| RE: Right. Bonus for failure. | Brokette | Jul 2, 2008, 1:03 pm |
| CEO | KAREN | Jul 2, 2008, 12:57 pm |
| I don't get it | Bob Johnson | Jul 2, 2008, 12:53 pm |
| Motley Cure | Mr. Obvious | Jul 2, 2008, 12:48 pm |
| Surprised? NO | Joe Blow | Jul 2, 2008, 8:29 am |
| RE: Right. Bonus for failure. | wudchuck | Jul 2, 2008, 8:21 am |
| Right. Bonus for failure. | DDay | Jul 2, 2008, 5:46 am |
| Back to article | ||
Subject: Surprised? NO
Not surprised of this or any CEO failure. They always get PAID. Dont support this occurrence but you cant blame the CEO. The boards need to step it up and pay for performance and penalize for lack thereoff. IE you f'up and resign or get fired you are not getting $$$. Common sense everyone. They are employees not gods they should be treated the same. Yes compensate better but still an employee gets paid to perform not fail.