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 .
American International Group Inc.’s rescue is coming to an end more than four years after the U.S. took over the company to save the global economy in a bailout that fueled resentment against Wall Street.
American International Group Inc. opted against joining its former chief executive officer in a lawsuit against the U.S. after lawmakers said the case was an insult to taxpayers who bailed out the insurer.
American International Group Inc. said it’s taking another step to distance itself from a 2008 bailout and the public outrage that followed by rejecting a former chief executive officer’s lawsuit over the rescue.
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.