Benmosche News

AIG CEO Benmosche Open to Staying at Helm Past 2012

Robert Benmosche, who has revived the fortunes of bailed-out insurer American International Group , said Tuesday he might consider staying at the helm past 2012 if his health permitted. “I will stay into 2012 and then the board and I …

AIG Busy Investing Its Cash, May Bid on Bonds

Bailed-out insurer American International Group is working hard to invest cash it had set aside for a failed deal to buy assets from the Federal Reserve, Chief Executive Bob Benmosche said in an interview Tuesday. But AIG is still looking …

No Raise for AIG Chief Benmosche, Others at Bailed Out Firms

Compensation packages for the chief executives of bailed-out firms American International Group, Ally Financial and General Motors will not increase in 2011, the Treasury Department said late Friday. The Obama administration’s pay czar has reviewed the packages for the top …

AIG’s Benmosche, Responding Well to Cancer Treatment, to Stay as CEO

American International Group Inc. (AIG) said that CEO Robert H. Benmosche’s prognosis for his cancer is such that he is expected to be able to remain in his position at AIG on his previously announced timetable, which would have him …

AIG Recapitalization Deal Closes

The recapitalization of bailed-out insurer American International Group Inc. closed last Friday, leaving the government with a 92 percent stake that it plans to sell quickly. Bankers were buzzing Friday about how soon that might happen, with at least one …