Argo estimates ~$9.8mn in golden parachutes, details sale process
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Argo estimates ~$9.8mn in golden parachutes, details sale process

Jairo Ibarra
06 March 2023
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Argo Group Brookfield Re logos.jpg

Argo’s $1.1bn sale to Brookfield Re includes over $9.8mn in golden parachutes, according to SEC filings reviewed by this publication.

The golden parachute consideration includes a $1.2mn cash transaction bonus for Argo CEO Thomas Bradley, contingent upon the consummation of the merger.

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Topics

News M&A Operations/tech Bermuda Argo
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Jairo Ibarra
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