AIG boss walking
By Geert De Lombaerde Posted on May 22, 2009 at 1:05 am
Ed Liddy has told the insurer’s board he is out as soon as his chairman and CEO roles are filled by two different people.
I am proud that we are now implementing this repayment plan. As we all know too well, our pace of success will depend on global economic conditions and financial markets. It is likely to take several years. All of you should have a leadership team committed to a similar time horizon and prepared to carry the plan to completion.
Tags: American International Group Inc., bailout, Edward M. Liddy, executive leadership, insurance
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