1. Articles from insurancejournal.com

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    1. AIG Shareholders Approve $43 Million Compensation for CEO Duperreault

      AIG Shareholders Approve $43 Million Compensation for CEO Duperreault

      American International Group Inc said shareholders approved a $43.1 million pay package for 2017 for Chief Executive Officer Brian Duperreault during the company’s annual meeting on Wednesday. A nonbinding resolution to endorse the executive compensation passed with 441,882,782 shares in favor and 267,108,670 shares against, the company said...

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    2. Holmes Murphy Execs Join Agency’s Board of Directors

      Holmes Murphy Execs Join Agency’s Board of Directors

      Holmes Murphy & Associates, has added Ellen Willadsen, chief financial officer, and Steve McManus, senior vice president, to its board of directors. In addition to joining the board of directors, Willadsen also earned a seat on the Holmes Murphy executive committee. Willadsen’s financial stewardship has provided the company with a strong foundation for the future...

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      Mentions: Chairman
    3. How SEC Scrutiny of Unicorns Could Affect Private Company D&O Insurance

      How SEC Scrutiny of Unicorns Could Affect Private Company D&O Insurance

      Underwriters of directors and officers (D&O) liability insurance should keep an eye on the increased scrutiny of “unicorn” technology firms by the U.S. Securities and Exchange Commission (SEC) for potentially inflated valuations and misleading statements, both of which pose a risk to investors, according to a lawyer who specializes in professional liability insurance claims...

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    4. Finance Execs Should Slash Their Pay to Win Back Trust in Business: Lloyd’s CEO

      Finance Execs Should Slash Their Pay to Win Back Trust in Business: Lloyd’s CEO

      Finance executives should consider slashing their own paychecks as the U.K. works to exit the European Union in order to win back the trust of people who have lost faith in large businesses, according to Lloyd’s of London Chief Executive Officer Inga Beale. “The anti-business sentiment is quite disturbing,” Beale said Wednesday in an interview at Bloomberg’s New York headquarters...

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    5. AIG Ceo Focus on Boosting Returns Not 'Too Big to Fail' Label

      AIG Ceo Focus on Boosting Returns Not 'Too Big to Fail' Label

      “Of all of the strategic issues that we face as a leadership team, this doesn’t even make the top 10,” Hancock said Tuesday at a conference, when asked about the company’s status as a non-bank systemically important financial institution, a tag that can bring tighter capital rules. Seeking to reverse that label would be “hugely distracting to management and ...

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    6. Activist Chairmen, Independent Directors Challenge CEOs, ‘Country Club’ Boards

      In the summer of 2011, Yahoo Inc.’s board decided enough was enough. Directors had seen the Internet giant’s stock languish, and the answers they got from Carol Bartz, chief executive at the time, fell short of their expectations. So, the … The post Activist Chairmen, Independent Directors Challenge CEOs, ‘Country Club’ Boards appeared first on Insurance Journal .

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    1-13 of 13
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