American International Group Inc. selected Peter Fisher, a former BlackRock Inc. executive and U.S. government official, to join the board of directors as the insurer prepares for increased federal oversight.
Microsoft Corp. directors seeking a new chief executive officer to reinvigorate the software maker should be mindful of the lesson of J.C. Penney Co., said Steve Miller, who spent his career helping hobbled companies survive.
Hawker Beechcraft Inc., the jet maker partly owned by Goldman Sachs Group Inc., named turnaround specialist Steve Miller as chief executive officer as the company works to avoid breaching debt covenants.
American International Group Inc., the insurer that sold more than $50 billion in assets to repay a U.S. government rescue, is now focused on growth and returning capital to investors, Chairman Steve Miller said.
American International Group Inc. Chairman Steve Miller, who spent his career helping hobbled companies survive, said retailers pressured by online competitors are among the most vulnerable investments.