Argo estimates ~$9.8mn in golden parachutes, details sale process
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

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

Jairo Ibarra
March 06, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
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.

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

News M&A Operations/tech Bermuda Argo
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article