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Running Weld
By Stephen Rodrick
The quixotic candidacy of the partying patrician who wants to be governor, again. |
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Vera Wang’s Second Honeymoon
By Amy Larocca
Brides love Vera Wang. But does she love them? (Not so much.) What this former Vogue editor and self-described fashion nun really has a passion for is clothes. But let her tell you about it. |
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THE IMPERIAL CITY
The Good Old Boy of Time Inc.
By Kurt Andersen
John Huey sits atop Time and Fortune and 149 other magazines, ready to have some fun. Only now the good old days of big media are history. |
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THE POWER GRID
Chuck’s Chance
By John Heilemann
Whatever happens with Judge Alito, Schumer is likely the Democratic winner. It’s all part of his secret plan for senatorial domination. |
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| News & Gossip |
The 10 Highest
Paid CEOs
#6
Maurice "Hank" Greenberg
Chairman
and CEO, American International Group Inc.
Direct
deposit: $6,000,000
Perks: $8,200,000 option value + $23,655,400
long-term incentive plan payouts
Total Compensation: $37,855,000
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Recent
megadeal: Greenberg's acquisition of American
General Corp. for $23 billion in stock, when finalized,
will make it the top U.S. insurer, with net premiums
of $37 billion for the year 2000, according to A.M.
Best.
Wayward son: Evan Greenberg was Hank's designated
successor at AIG until he left the company last
year, following brother Jeffrey's departure in 1995.
Jeffrey is now the chief executive of Marsh &
McLennan.
Greenberg in China: Greenberg's frequent
visits -- and his contributions of $50 million there
-- have helped AIG become a dominant foreign presence
in China.
Equal opportunity Republican: Greenberg contributed
to the campaigns of both John McCain and George
Bush, according to Fortune magazine.
Rankings
and data provided by Executive Compensation Advisory
Services (ECAS) for fiscal year 2000. |
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