In the Margins

Paulson said to be exiting AIG board

April 14, 2017

By Bloomberg

Paulson & Co. founder John Paulson is planning to step down from American International Group’s board after his hedge fund sold shares in the insurer, according to a person familiar with the plan. Paulson’s planned exit will remove one of the board’s more prominent advocates for shrinking the company. Paulson had proposed splitting AIG into three separate companies, a plan that won support from billionaire Carl Icahn. Read the original story from Bloomberg

 

 

Most Read

10 Things
10 Things...Boards will face in 2023

As mutual fund board members look forward to 2023, which is just around the corner, they are faced with a number of challenges and tasks unique ...