BY ERIK HOLM
NEW YORK—The top 25 executives at American International Group Inc. will earn 2% less than they did in 2010 under a plan approved by the U.S. Treasury Department's pay czar.
Chief Executive Robert Benmosche will get cash and stock valued at $10.5 million, unchanged from a year earlier, though the Treasury's Office of the Special Master allowed the company to stop paying a portion of the compensation in long-term restricted stock units that don't vest for three years.
Instead, Mr. Benmosche will get $7.5 million of his ...
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