Assured Guaranty Ltd. 2017 Executive Officer Cash Compensation Description

Contract Categories: Human Resources › Compensation Agreements
Summary

Assured Guaranty Ltd. outlines the 2017 annual salaries for its executive officers, including the President and CEO, CFO, General Counsel, Chief Surveillance Officer, and another executive officer. In addition to their base salaries, these executives are eligible for non-equity incentive compensation based on 2017 performance, potential grants under long-term incentive plans in 2018, and other standard benefits such as retirement plan contributions and perquisites. This document serves as a summary of executive compensation for the year.

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EX-10.41 2 ago-12312016x10kex1041.htm EXHIBIT 10.41 Exhibit

Exhibit 10.41


ASSURED GUARANTY LTD.

DESCRIPTION OF 2017 EXECUTIVE OFFICER CASH COMPENSATION

Set forth below are the 2017 annual salaries of the Executive Officers named in the compensation tables in Assured Guaranty’s 2017 proxy statement.

 
 
 
 
Executive Officer
Salary

Dominic J. Frederico
President and Chief Executive Officer
$1,250,000

Robert A. Bailenson
Chief Financial Officer
$625,000

James M. Michener
General Counsel
$625,000

Russell B. Brewer II
Chief Surveillance Officer
$500,000

Bruce E. Stern
Executive Officer
$470,000

The named executive officers will also be eligible for the following:

 
 
•
To be considered to receive non-equity incentive compensation for 2017 performance.

 
 
•
To be considered to receive grants in 2018 under Assured Guaranty’s long-term incentive plans for 2017 performance.
 
 
•
To receive other annual compensation and benefits, including employer contributions to retirement plans and perquisites provided under the Assured Guaranty Ltd. Perquisite Policy.