AIG's Greenberg Waives Bonus

NU Online News Service, April 8, 12:59 p.m. EST?Maurice Greenberg, American International Group's chairman and chief executive officer, waived a year-end bonus of $5 million for 2000 and froze pay for all employees in 2001, according to a company Securities and Exchange Commission filing.

The information was contained in a proxy statement that announced the annual shareholders meeting would be held May 15 at the company's New York office, 72 Wall Street.

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