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Report: AIG CEO ready to quit over pay limits
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| Contributor | Brandonius Maximus |
| Last Edited | Brandonius Maximus Nov 11, 2009 01:34pm |
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| Category | News |
| News Date | Wednesday, November 11, 2009 07:00:00 PM UTC0:0 |
| Description | NEW YORK - After just three months as head of embattled insurer American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight and restrictions on what the bailed-out company can pay employees, according to a published report.
Citing unnamed people familiar with the matter, The Wall Street Journal reported online late Tuesday that Benmosche told AIG's board he was "done" with the job, although he reportedly is reconsidering his stance in the face of the board's dismay.
A spokesman for AIG declined to comment on the report. |
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