AIG Robert Benmosche

AIG (AIG) appointed a new CEO. The last one Edward Liddy was chewed up by Congress and became a whipping boy for sins he did not commit. The new CEO Robert Benmosche, a former chief executive of Met Life is to receive a pay package of $7 to $10 million. The pay czar Kenneth Feinberg still has not ruled but everyone is announcing the deal. Will the pay czar need to fiddle with a clause to look good. How does this pay czar thing work anyway? If the employment contract is reputed to be heavily weighted to equity is that a good thing. Will Robert Benmosche be looking to maximize quarterly numbers or repay all the emergency money asap.