Assured Guaranty Ltd. 2023 Executive Officer Cash Compensation Disclosure
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Summary
Assured Guaranty Ltd. outlines the 2023 annual salaries for its executive officers, including the President and CEO, CFO, General Counsel, Chief Credit Officer, and Chief Surveillance Officer. The document also states that these executives are eligible for equity and non-equity incentive compensation based on 2023 performance, as well as other annual benefits such as retirement plan contributions. The compensation details are provided in anticipation of the company's 2024 proxy statement filing. Notably, Robert A. Bailenson was promoted to Chief Operating Officer effective January 1, 2024.
EX-10.37 4 ago-12312023x10kex1037.htm EX-10.37 Document
Exhibit 10.37
ASSURED GUARANTY LTD.
DESCRIPTION OF 2023 EXECUTIVE OFFICER CASH COMPENSATION
Set forth below are the 2023 annual salaries of the Executive Officers to be named in the compensation tables in Assured Guaranty’s 2024 proxy statement, which will be filed with the SEC not later than 120 days after the close of the fiscal year pursuant to regulation 14A, and who serve as Executive Officers as of the date of this filing.
Executive Officer | Salary | ||||
Dominic J. Frederico President and Chief Executive Officer | $1,250,000 | ||||
Robert A. Bailenson Chief Financial Officer1 | $800,000 | ||||
Ling Chow General Counsel and Secretary | $600,000 | ||||
Stephen Donnarumma Chief Credit Officer | $525,000 | ||||
Holly Horn Chief Surveillance Officer | $500,000 | ||||
The named executive officers will also be eligible for the following:
| • | To be considered to receive equity and non-equity incentive compensation for 2023 performance. | ||||
| • | To receive other annual compensation and benefits, including employer contributions to retirement plans. | ||||
1 Effective January 1, 2024, Mr. Bailenson was promoted to Chief Operating Officer.
