In the Margins

Icahn seeks AIG management shakeup

November 24, 2015

By InvestmentNews

Carl Icahn said he may seek to shake up leadership at American International Group Inc. after CEO Peter Hancock rejected his plan to split AIG into three companies. Icahn said in a statement on his website that he will push for shareholders to be able to communicate directly with the board and possibly seek the addition of a director “who would agree in advance to succeed Mr. Hancock as CEO if asked by the board to do so.” Read the original story from InvestmentNews.

 

 

Most Read

Top of the Agenda - Compensation
IDC director study: 2019 pay relatively unchanged

New data from Independent Directors Council suggests that most independent mutual fund directors did not see much of a bump in compensation in 2019, with year-on-year ...