AIG Directors Asked CEO Hancock to Resign to Avoid Fight with Icahn: WSJ March 15, 2017 American International Group Inc.’s decision to remove Peter Hancock as its chief executive was to avoid a proxy battle with...
How AIG CEO Hancock Ended Up on Way Out March 10, 2017 By Sonali Basak Before he lost the confidence of big-name investors and his company’s board members, Peter Hancock squandered the faith of many...
AIG CEO Hancock to Depart Under Pressure from Icahn, Other Investors March 9, 2017 By Katherine Chiglinsky, Lisa Du and Sonali Basak American International Group Inc. Chief Executive Officer Peter Hancock is stepping down after posting four losses in six quarters, results...
Critic Icahn Warms to AIG CEO Hancock’s Plans, Likes $3.4 Billion Deal August 17, 2016 By Sonali Basak Carl Icahn, who won representation to the board of American International Group Inc. after threatening a proxy battle, said he’s...
Pressure Building on AIG CEO Hancock July 27, 2016 By Sonali Basak The American International Group Inc. chief executive officer has posted three straight quarterly losses and will probably report Tuesday that...
AIG CEO Hancock Finds Common Ground, Transparency with Activist Directors June 16, 2016 Activist investors Carl Icahn and John Paulson are making American International Group (AIG) more transparent through their representation on its...
AIG Prize Fight Hancock vs. Icahn: Who’s Winning Now? April 7, 2016 By Michael P. Regan News that activist investor Carl Icahn has his eye on a company must make any chief executive officer feel a...
Activists Icahn, Paulson Land Seats on AIG Board; Now What? February 12, 2016 By Betty Liu, Katherine Chiglinsky and Sonali Basak John Paulson and Carl Icahn, who became billionaires by identifying mispriced securities and pushing for corporate shakeups, face a new...