Prudential Plc, the U.K.’s largest insurer by market value, awarded its highest-paid employee at least 17.4 million pounds ($29 million) in 2013, more than any director on the board.
Robin Geffen, chief investment officer at Neptune Investment Management Ltd., said in an e- mailed statement today that Michael McLintock will probably be Prudential Plc’s new chief executive officer.
Prudential Plc , the U.K. insurer seeking to buy American International Group Inc. ’s Asian unit in a $35.5 billion acquisition, said it’s talking with AIG about changing the terms of the deal.
Prudential Plc Chief Executive Officer Tidjane Thiam sold a third of his shares in the U.K.’s largest insurer after a 2010 performance-based compensation plan paid out in full and the stock soared.
Prudential Plc, the U.K.’s biggest insurer by market value, paid Chief Executive Officer Tidjane Thiam 7.8 million pounds ($11.9 million) in 2012 even after he was reprimanded by the British regulator.