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BRIEF-AIG says CEO Duperreault's initial compensation to include annual base salary of $1.6 mln

May 15 AIG:

* Says Duperreault's initial compensation will consist of an annual base salary of $1.6 million

* Says Duperreault's initial compensation will also consist of a short-term annual incentive target of $3.2 million

* Says in addition, Duperreault will receive a one-time, make-whole cash award of $12 million as compensation for unvested Hamilton equity awards to be forfeited by him

* Says Duperreault's initial compensation will also consist of an annual long-term incentive award of $11.2 million

* Says pursuant to Hamilton Waiver Agreement, will make additional payment of $20 million contingent upon completion of Duperreault's second year as CEO Source text: (bit.ly/2rhlIlg) Further company coverage:

我们的标准: 汤森路透“信任原则

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