AIG approaches shareholder pay vote with cautious approval from proxy firms
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(Reuters) - American International Group Inc faces a crucial test on Wednesday, when shareholders are to vote on whether the board of directors has adequately addressed their concerns about executive pay.Investors offered relatively weak support for AIG's pay proposals in the prior two years during the era of Chief Executive Officer Brian Duperreault, who joined the U.S. insurer in May, 2017 with a lucrative package and has argued that paying top dollar is the only way to recruit and retain top..