Britain's Prudential (PRU.L) said chief executive Tidjane Thiam's 2010 bonus would be paid in deferred shares, rather than 50 percent cash, after the insurer racked up big costs in a failed bid for AIA last year. Thiam, who faced pressure to quit after Prudential's $35.5 billion AIA bid collapsed last June, will receive a bonus of 1.57 million pounds ($2.52 million) in shares, deferred for three years, Britain's biggest insurer said on Thursday. His maximum entitlement was 1.62 million pounds. Thiam would ordinarily have received half the bonus in cash, but agreed to take the full amount in deferred shares, Prudential said.
Source
