At a time when executive pay is still under intense public and governmental scrutiny, formerly bailed out American International Group Inc. is taking a business-as-usual approach to its policy of doling out bonuses.
Kristian Moor, head of AIG's property/casualty arm Chartis Inc., won't receive his full bonus, according to a Bloomberg report, because of “underachievement of certain financial metrics.” He failed to meet the metrics set for him by the company, including maintaining grades from the four ratings companies, according an AIG regulatory filing. However, Moor did meet the strategic and operational metrics set for him, AIG said.
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