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. is counting on Peter Hancock to make up for his lack of an insurance background with experience managing financial risk.
"Something that is almost 100 percent, probably does not have the nuanced incentives that encourage people to spend their education dollars wisely on things that are going to provide sustainable careers."
- Peter Hancock on Dec 04, 2014
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