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4-Traders Homepage  >  Equities  >  Nyse  >  American International Group Inc    AIG

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Treasury Approves Pay Guides For Senior Executives At AIG, GM, Ally Financial

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05/09/2012 | 10:40pm CET

The U.S. Treasury Department said Wednesday that the pay guidelines for senior executives at American International Group Inc. (>> American International Group, Inc.), General Motors Co. (GM), and Ally Financial Inc., the three firms that haven't repaid all of their government bailouts, will stay the same.

Treasury gained power in 2009 to approve executive compensation at firms that received exceptional federal assistance, following public outrage at big bonuses paid at AIG after the financial crisis bailouts. In April, Treasury said overall pay for chief executives at the three firms would this year again remain frozen.

Treasury said its review Wednesday covered the top 26-100 paid employees at each of the firms and proposed compensation is in line with public interests.

-By Ian Talley, Dow Jones Newswires; 202-862-9285; ian.talley@dowjones.com

Stocks mentioned in the article : American International Group, Inc.
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Financials ($)
Sales 2016 52 156 M
EBIT 2016 4 841 M
Net income 2016 3 476 M
Debt 2016 -
Yield 2016 1,91%
P/E ratio 2016 20,90
P/E ratio 2017 12,23
Capi. / Sales 2016 1,29x
Capi. / Sales 2017 1,36x
Capitalization 67 267 M
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 72,2 $
Spread / Average Target 10%
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Managers
NameTitle
Peter D. Hancock President, Chief Executive Officer & Director
Douglas M. Steenland Independent Non-Executive Chairman
Jeffrey Joy Hurd Chief Operating Officer & Executive Vice President
Siddhartha Sankaran CFO, Chief Accounting Officer & EVP
Philip Fasano Chief Information Officer & Executive VP
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