Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Retirement Planning > Social Security

AIG Files Executive Change Report

Your article was successfully shared with the contacts you provided.

American International Group Inc. discusses the arrival of Edward Liddy and the departure of Robert Willumstad in a report filed with the U.S. Securities and Exchange Commission.

The AIG board elected Liddy to be chairman, chief executive officer and a director Sept. 18, and Willumstad resigned from his posts as chairman and a director at the same time, AIG says in the filing.

Willumstad’s employment as CEO was terminated without cause, AIG says.

Willumstad began working for AIG earlier this year.

“Compensation arrangements for Mr. Liddy have not yet been determined and separation arrangements for Mr. Willumstad have not yet been finalized,” AIG says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.