Zaffino to receive $15m signing-on fee at AIG

Peter Zaffino , AIG

AIG’s new executive vice-president and global chief operating officer, Peter Zaffino, will receive a $23.5m pay package and $15m signing-on fee for joining the insurer. Mr Zaffino quit as Marsh’s CEO and chairman of its risk and insurance segment last week. He is replaced by John Doyle, a former AIG man who had been president of Marsh since April 2016.…

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