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.
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. , 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 .
Robert Benmosche , the American International Group Inc. chief executive officer who clashed with Chairman Harvey Golub over the insurer’s restructuring, may find less resistance after forcing Golub’s departure.
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.