Liddy steeping down as AIG CEO?
The Associated Press just published a one sentence news alert that AIG Chairman and CEO Edward Liddy will step down as soon as a replacement is found.
I would quote the AP, but seriously, it’s just one sentence, so I would basically be stealing the whole article.
UPDATE: More from CNN Money:
“Much work remains to be done at AIG, but much has already been accomplished,” Liddy said in a statement. “Our pace of success … is likely to take several years. AIG should have a leadership team committed to a similar time horizon and prepared to carry the plan to completion.”
He also recommended that the CEO and chairman roles be split.
Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
