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AIG cancels CFO's severance

Business Briefing / COMPENSATION

October 17, 2008|From Times Wire Services

American International Group Inc. said it canceled a multimillion-dollar severance package for its departing chief financial officer.

New York Atty. Gen. Andrew Cuomo said outgoing CFO Steven Bensinger was slated to receive a golden parachute worth about $10 million.

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