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

10 Things
10 Things...to read in summer 2024

It's the Summer Solstice, and that means that for most of us the sun is shining, temperatures are heating up, and longer days allow for pursuits ...

Top of the Agenda - Compensation
Fund board pay increases in 2023, MPI survey says

Independent mutual fund directors saw an increase in compensation in 2023, on average, although actual compensation levels and percentage adjustments in compensation continue to vary widely ...