benmosche
AIG Says CEO Benmosche Has Cancer
6:26AM 10/26/2010
Company News, People, American International Group, Insurance
AIG (AIG) said that CEO Robert Benmosche has cancer and is undergoing aggressive chemotherapy.
"The good news is that I feel fine, and I continue to work according to my normal schedule," Benmosche said in a statement. "I remain absolutely committed to my job, to AIG, and to all of our...
AIG Agrees on Plan to Repay U.S. Taxpayers for Bailout
8:47AM 9/30/2010
Company News, Economy, American International Group, Insurance
After months of planning, AIG announced Thursday that it had entered into an agreement with the Treasury Department and the Federal Reserve Bank of New York about how it will repay in full its obligations to the U.S. government and regain its independence.
AIG execs threaten to quit if pay is cut
10:01AM 12/07/2009
Government compensation czar Kenneth Feinberg may not be able to rein in salaries as much as he wants, thanks to threats by five high-ranking executives at AIG to quit if they are told they have to take a significant pay cut. On Dec. 1, the five executives, including general counsel Anastasia Kelly...
AIG scandal continues: Three execs get to keep $16 million in bonuses
10:15AM 10/23/2009
Of all the outrages to the American taxpayer in the last year, there is not one that can top the bailout of American International Group (AIG). After former Treasury Secretary Hank Paulson decided to let Lehman Brothers collapse 13 months ago in history's biggest bankruptcy ($639 billion), AIG --...
AIG CEO's remarks satisfy employees, but distress some board members
11:50AM 9/03/2009
New AIG (AIG) CEO Robert Benmosche seems to be hitting it off with employees, but could be disturbing some board members. He's certainly not kissing up to Andrew Cuomo, Congressional representatives or federal regulators.
But Washington diplomacy is not in Benmosche's job description. AIG...
AIG to slow sales of assets and delay repaying U.S. taxpayers
10:00AM 8/28/2009
Robert Benmosche, the newly chosen Chief Executive for AIG (AIG), put the brakes on sales of AIG assets and reopened a working relationship with former Chief Executive Maurice "Hank" Greenberg as some of his first acts as the new CEO. Benmosche wants to totally reverse decisions of the most...
Does AIG's new CEO deserve $7 million?
8:45AM 8/18/2009
Does anyone who can't send a baseball into orbit, create the next hit YouTube video or cure cancer "deserve" to be paid $7 million ? I am not sure.
But what I can say is that paying that level of salary to American International Group Inc. (AIG) Chief Executive Robert Benmosche seems reasonable....
What was a rumor in the morning became a fact this afternoon. AIG (AIG) has appointed a new president and CEO, Robert H. Benmosche , who was until recently the head of Met Life (MET).
Benmosche clearly has the credentials to run AIG as did the man who preceded him in the job, Ed Liddy, the former...
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