ACE Limited 2011 Executive Officer Cash Compensation Description
This document outlines the 2011 annual base salaries for ACE Limited's top executive officers, including the CEO, CFO, and other key executives. It lists each officer's name, title, and salary for the year. The document also notes that these executives receive additional bonuses and benefits, as detailed in the company's proxy statement for the 2011 annual meeting.
Exhibit 10.1
ACE LIMITED
DESCRIPTION OF EXECUTIVE OFFICER CASH COMPENSATION
Set forth below are the 2011 annual base salaries of the Chief Executive Officer, the Chief Financial Officer and each of the three other most highly compensated executive officers in 2010 who were executive officers as of December 31, 2010.
Evan G. Greenberg, Chairman, President and Chief Executive Officer
2011 salary
$1,200,000
Philip V. Bancroft, Chief Financial Officer
2011 salary
$700,000
Robert Cusumano, General Counsel and Secretary
2011 salary
$560,000
Brian E. Dowd, Vice-Chairman, ACE Limited; Chief Executive Officer, Insurance-North American
2011 salary
$800,000
John Keogh, Chief Executive Officer ACE Overseas General
2011 salary
$800,000
In addition to the above, these officers receive bonuses, perquisites and other personal benefits as described in our proxy statement for our 2011 annual meeting.
