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’AIG board approves CEO pay
AIG, the US insurer that received billions of dollars in a US bailout, said on Tuesday that it has been authorised by its board to pay CEO Robert Benmosche’s $7m compensation, after it laid to rest concerns that he may quit the post,
Benmosche ‘committed’ to AIG
AIG’s chief executive Robert Benmosche on Wednesday told staff he remains “totally committed” to leading the state-controlled insurer through its challenges but acknowledged frustrations with the government’s stance on executive compensation,
Is AIG’s Benmosche staying or leaving? Both, maybe
Will he stay or will he go? That was the question raised by the Wall Street Journal on Tuesday morning, when it trumpeted that Robert Benmosche, AIG’s gaffe-prone chief executive had threatened to “jump ship”.
AIG’s Benmosche threatens to quit
Robert Benmosche has told the board of AIG that he is considering stepping down as chief executive of the state-controlled insurer, just three months after taking the job, reports the WSJ. At a board meeting last week,
Shooting from the hip, part deux
Well, at least it wasn’t another interview with Reuters . . .
Sept. 2 (Bloomberg) — American International Group Inc. Chief Executive Officer Robert Benmosche told employees he wants to cut in half the fees paid to Wall Street banks to take the insurer’s units public.
Shooting from the hip
Robert Benmosche has been talking to Reuters again – from his 12-bedroom holiday home in Croatia no less. And it seems he is quickly learning what you can and can’t do as head of a high profile company.
AIG’s new CEO is very busy, ok?
Do not worry, US taxpayer.
Robert Benmosche, the new CEO of bailed-out mega-insurer AIG, may be on holiday, but he is actually very busy doing very important things. He just happens to be doing those things from his palatial 12-bedroom villa on the Croatian coast.
Incredible optimism, AIG edition
AIG’s freshly-installed $7m man Robert Benmosche is confident the insurer can repay its debts to the US government. Cunningly, he doesn’t say when.
Bloomberg reports, emphasis FT Alphaville’s:
“At the end of the day,
AIG’s new chief executive worth 7 million times the old one
Annual salary of AIG’s previous chief executive, Edward Liddy = $1.
Annual salary of AIG’s new chief executive, Robert Benmosche = $7m in cash and stock.
DealBook reports:
The American International Group said Monday that it will pay its new chief executive,