CEO compensation News

Insurance Executives Paid Millions in Compensation as Rates Skyrocket: CFA Findings

A new report from the Consumer Federation of America (CFA) says chief executives of insurance companies are “living high on the hog” as policyholders are forced to absorb increases in insurance rates. The research from the association of nonprofit consumer …

Allstate Among Large Firms Linking CEO Pay to Diversity Gains

Corporate diversity has become the most common type of sustainability metric used in setting executive pay, a new study found, as companies look to increase the share of women and minorities in their workforces. Among 61 metrics used by Fortune …

Berkshire Hathaway Opposes Climate Change, Diversity Reporting Proposals

Warren Buffett’s Berkshire Hathaway Inc. on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and inclusion. The proposals were disclosed in Berkshire’s annual proxy filing, ahead …

AIG CEO Duperreault Was Paid $20.9 Million in 2018, Half of 2017 Compensation

Insurer American International Group Inc. said on Tuesday it paid Chief Executive Officer Brian Duperreault $20.9 million in 2018 while also outlining a series of reforms to its pay practices in the face of shareholder criticism. The pay, for Duperreault’s …

Here’s What AIG Paid CEO Duperreault

American International Group paid its new chief executive Brian Duperreault $43.1 million last year, a securities filing showed on Tuesday. AIG, which during the financial crisis faced questions over the compensation of former leader Maurice “Hank” Greenberg, had previously outlined …