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
March 06, 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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NewsM&AOperations/techBermudaArgo
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Jairo Ibarra
Senior Reporter
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