Zaffino nets $15mn AIG sign-on bonus

Newly appointed AIG chief operating officer Peter Zaffino is set
to receive a one-off $15mn sign-on bonus from his new employer in
lieu of compensation he has foregone from Marsh.
According to a Securities and Exchange Commission filing, the
sign-on award includes stock options to purchase 1 million AIG
shares at the market price on the date they were granted.
The shares will vest over a seven-year period, with 333,000
vesting in equal annual instalments on the first three
anniversaries...