American International Group COO Peter Zaffino's 2020 pay jumps 31% to $24M
American International Group reports 2020 executive compensation
By ExecPay News
Published: March 30, 2021
American International Group reported fiscal year 2020 executive compensation information on March 30, 2021.
In 2020, five executives at American International Group received on average a compensation package of $14M, a 9% increase compared to previous year.
Average pay of disclosed executives at American International Group
Peter Zaffino, Chief Operating Officer, received $24M in total, which increased by 31% compared to 2019. 66% of Zaffino's compensation, or $16M, was in stock awards. Zaffino also received $4.5M in non-equity incentive plan, $2.1M in option awards, $1.4M in salary, as well as $65K in other compensation.
Brian Duperreault, Chief Executive Officer, received a compensation package of $19M, which decreased by 3% compared to previous year. 48% of the compensation package, or $9.1M, was in stock awards.
Mark D. Lyons, Chief Financial Officer, earned $10M in 2020, a 32% increase compared to previous year.
Douglas A. Dachille, Chief Investment Officer, received $8.7M in 2020, which decreases by 18% compared to 2019.
Lucy Fato, General Counsel, earned $8.6M in 2020.
Related executives
Brian Duperreault
American International Group
Chief Executive Officer
Mark Lyons
American International Group
Chief Financial Officer
Peter Zaffino
American International Group
Chief Operating Officer
Douglas Dachille
American International Group
Chief Investment Officer
Lucy Fato
American International Group
General Counsel
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Source: SEC filing on March 30, 2021.