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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 2017 49 352 M
EBIT 2017 6 547 M
Net income 2017 5 290 M
Debt 2017 -
Yield 2017 2,23%
P/E ratio 2017 11,98
P/E ratio 2018 9,93
Capi. / Sales 2017 1,32x
Capi. / Sales 2018 1,35x
Capitalization 65 131 M
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 68,9 $
Spread / Average Target 8,7%
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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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