Former American International Group Inc. Chief Executive Officer Maurice “Hank” Greenberg intends to sell some AIG stock, according to a regulatory filing Thursday. Greenberg, who ran AIG for nearly four decades, said he will sell stock in the open market, …
Liberty Northwest, a Liberty Mutual Agency Markets regional company, announced the appointment of Julie A. Burnett as president and CEO. She succeeds Larry Becker, who has decided to retire. Burnett comes to Liberty Northwest from Safeco Corp., where her career …
Birmingham, Ala.-based ProAssurance Corp.announced that A. Derrill Crowe, M.D., resigned as non-executive chairman of the board and from his position as a director, for personal reasons. A successor chairman has not been elected. In resigning, Crowe cited the fact that …
Hospitality Mutual Insurance Co. In Westboro, Mass., announced that John W. Tympanick has been named president and chief executive officer and has been appointed to its board of directors. Hospitality Mutual, a mutual insurance company serving the hospitality industry, replaced …
Goldman Sachs and Morgan Stanley sought shelter with the Federal Reserve to survive a financial storm that destroyed their rivals as Wall Street braced for a week of political wrangling over a proposed $700 billion bailout for troubled banks. Morgan …
American International Group Inc. should have a list of assets it wants to sell by next week, its new chief executive said Monday, as the company prepares to split itself up to repay an emergency bailout loan. The New York-based …
American International Group Inc., which narrowly escaped financial collapse this week, on Thursday said it had named Edward Liddy as chairman and chief executive. Liddy succeeds Robert Willumstad, who is leaving after three months on the job, and in the …
American International Group, Inc. (AIG) announced that its board of directors has elected Edward M. Liddy as chairman and CEO. Liddy, 62, succeeds Robert B. Willumstad. Stephen F. Bollenbach, who was named lead independent director in June 2008, continues in …
Rep. Henry Waxman, chairman of the U.S. House Committee on Oversight and Government Reform, has asked the new chief executive officer at American International Group Inc. to give his committee internal documents related to events that culminated in the $85 …
The U.S. government is betting former Allstate chief Edward M. Liddy is the safest pair of hands to oversee the dismantling of American International Group Inc. and prevent further unraveling of the world’s stressed financial system. Liddy, 62, was the …
