Revealed: The salary of the next CEO at AXIS Capital

When disclosing the salary, AXIS said: “Under the employment agreement, Mr. Tizzio’s annual salary will be $1,000,000, and he will be eligible to participate in an incentive plan with the company that has 160% of his annual salary. Mr. Tizzio will be eligible participate in the company’s long-term compensation plan (as amended and restated from time to time).

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