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AIG to Reach out to Shareholders Over Executive Pay: CEO

Stock Market Quotes and News

NEW YORK (Reuters) - American International Group Inc Chief Executive Officer Brian Duperreault said on Thursday the insurer is reaching out to shareholders, per its usual custom, who last month gave his $21 million compensation only narrow approval. Asked to comment on the recent nonbinding vote by shareholders to approve his compensation package, Duperrault said, "I have to earn my living." He added, "As the performance improves, then we’ll see how the vote is next year."...

Mentions: AIG crisis ISS