Patriot National ex-CEO Mariano walks away with $10mn

Patriot National founder Steven Mariano received a severance
deal worth $10mn when he stepped down from his operational roles at
the insurance services outsourcer last week, according to a
regulatory filing.Directors of the company, including several who have recently
joined the board, agreed to pay Mariano $6mn on his resignation as
chairman, president and CEO, plus another $4mn in $1mn annual
instalments beginning in August 2018, subject to clawback by the
company, a filing with the Securities