Robert Benmosche , who said the U.S. will be repaid with interest for American International Group Inc. ’s bailout, is set to become the insurer’s longest-serving chief executive officer since the firm’s near-collapse in 2008.
American International Group Inc. promoted Peter Hancock to chief executive officer as the company focuses on growth after his predecessor stabilized the insurer and paid back a 2008 government bailout.
American International Group Inc. , once the world’s largest insurer, struck a deal to repay the Federal Reserve as the company works toward independence, less than two years after the bailed-out firm’s then-leader said the AIG name was “disgraced.”
Steve Miller became American International Group Inc.’s sixth chairman since 2005 when he was selected yesterday to replace Harvey Golub , who stepped down after a dispute with Chief Executive Officer Robert Benmosche .
American International Group Inc. Chairman Harvey Golub stepped down from the bailed-out insurer after feuding with Chief Executive Officer Robert Benmosche over the stalled divestiture of an Asia division.