American International Group's chief executive officer will receive more than $870,000 in interim bonuses this year, but his is not the largest bonus among nine executives announced in a regulatory filing.
In a Securities and Exchange Commission filing late last week, the New York-based insurance powerhouse announced it will pay President and CEO Martin J. Sullivan a total of $873,750 in bonuses to date, $277,500 of which would be paid in this quarter.
The filing was a report on quarterly bonuses the company expects to pay executives. The company said those bonuses were previously paid by C.V. Starr & Co. Inc. and Starr International Company Inc., both Bermuda-based insurers entwined with AIG.
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