Header Ads Widget

Former MetLife CEO to Lead AIG as President, CEO


Former MetLife CEO Benmosche to take on president and CEO role at insurer AIG



American International Group Inc. named former MetLife Inc. chairman and CEO Robert Benmosche Monday as its new president and chief executive.

PHOTO: Former MetLife CEO Benmosche expected to take on CEO role at insurer AIG, WSJ reports
This file photo shows Robert Benmosche. The Wall Street Journal is reporting that Benmosche, the former CEO of MetLife, is expected to take on the role of CEO at insurer AIG.
(ABC News Photo Illustration)

Benmosche, 65, will replace CEO Edward Liddy, former CEO of Allstate Corp., who took over last fall after the government bailed out the New York-based insurer.

In May, Liddy said he would step down from the chairman and CEO roles at AIG. His announcement came at the same time the company said it would split the roles of chairman and chief executive, similar to what many other financial firms have done in recent months. The company has said he would remain chairman until a successor is found.

AIG said Benmosche, who is also joining the company's board, will take his new positions next Monday, Aug. 10.



Source

Post a Comment

0 Comments