Pipoly to stay on at AmTrust

Ailing US carrier AmTrust has agreed a new contract with former CFO
Ron Pipoly, who is to continue as an executive vice president at
the company.
Pipoly was replaced as CFO by Adam Karkowsky on 5 June 2017.
In a Securities and Exchange Commission (SEC) filing yesterday,
AmTrust said that Pipoly's term of employment would continue
until June 2019 and automatically renew on an annual basis after
that.
Pipoly will be paid a base salary of $700,000. He will be...