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AIG CEO ready to quit over pay constraints

AIG CEO ready to quit over pay constraints
Brief Date: 
11th Nov 2009
Brief Author: 
By Associated Press

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 ( AIG - news - people )'s board he was "done" with the job, although he reportedly is reconsidering his stance in the face of the board's dismay.
 

Source: Forbes Link Below

 

 

 


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