AIG plans to name Brian Duperreault as new CEO AIG plans to name Brian Duperreault as new CEO:- American International Group (AIG.N) is planning to name Brian Duperreault as its new chief executive, the Wall Street Journal reported, citing sources. Duperreault and AIG are working out final details of his […]
Carl C. Icahn
U.S. Democratic senators seek probe into Icahn's biofuel credit dealings U.S. Democratic senators seek probe into Icahn's biofuel credit dealings:- Eight Democratic senators asked U.S. regulators on Tuesday to launch an investigation into billionaire Carl Icahn’s activities in the U.S. biofuels blending credit market, saying the activist investor may have […]
AIG CEO to resign after dismal earnings, successor unclear AIG CEO to resign after dismal earnings, successor unclear:- American International Group Inc (AIG.N) said on Thursday its Chief Executive Peter Hancock will step down, a decision he made after poor financial performance frustrated shareholders and the insurer's board of directors. […]
Elliott turns up CEO pressure blending activism with buyouts Elliott turns up CEO pressure blending activism with buyouts:- Eight days after Elliott Management disclosed a 7.6 percent stake in LifeLock Inc (LOCK.N), managers of the more than $30 billion hedge fund met with executives at the consumer protection company. Activist […]
