AIG Chairman Says Board Agrees with Outgoing CEO Hancock’s Turnaround Plan April 4, 2017 By Sonali Basak American International Group Inc.’s chairman reaffirmed support for the course charted by Peter Hancock, even after the CEO announced he...
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...
AIG Chairman Defends Keeping Both Life and P/C Insurance Units May 12, 2016 By Emma Orr and Sonali Basak American International Group Inc., which is shrinking under pressure from activist investors, is committed to retaining operations in both life...
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...
AIG CEO Hancock Sees Opportunity in MetLife Systemic Risk Win March 31, 2016 A judge’s ruling that MetLife Inc. is not “too big to fail” opens up an opportunity for insurer American International...
AIG Executives’ Pay Trimmed for Missing Profit Goals March 30, 2016 By Anders Melin and Sonali Basak American International Group Inc., the insurer being pressured by activist investors to split up, cut short-term incentive pay for Chief...