Boardroom Agenda
Hancock Replacing Benmosche as CEO Sept. 1; Taking First Board Role
When Peter Hancock spoke at the Professional Liability Underwriting Society D&O Symposium in February 2012, he may not have foreseen yesterday's announcement that he would ascend to the highest ...
Business Urging Delaware Lawmakers Not to Block ‘Loser-Pays’ Bylaws
Big Business is lobbying Delaware lawmakers for corporate bylaws to shift legal fees to shareholders who sue and lose, which legal experts say could curtail a booming type of investor class actions. ...
AIG Board’s Decision: Hancock Replacing Benmosche Effective Sept. 1
American International Group announced Tuesday that its board of directors has named Peter D. Hancock as President and Chief Executive Officer, AIG, effective September 1. Hancock, who currently ...
Endurance Unveils Exchange Offer for Aspen’s Outstanding Shares
Endurance Specialty Holdings Ltd. - bound and determined to acquire Aspen Insurance Holdings Ltd. – launched an exchange offer for all outstanding shares of its Bermuda reinsurance rival, dogged ...
Coping With Black Swans
The insurance and reinsurance industries are in business to take bets on risks that can be identified, assessed, prioritized and planned for financially. Disasters like hurricanes, earthquakes, ...
Endurance CEO Charman Miffed at Aspen’s M&A Rebuffs
During an Endurance Specialty Holdings Ltd. investor call on June 2, one thing became perfectly clear. John Charman, the company's chairman and CEO, is miffed at the board and executive leadership of ...
Hacking Threats Make Cyber Experts Darlings of the Corporate World
Some of the largest U.S. companies are looking to hire cybersecurity experts in newly elevated positions and bring technologists on to their boards, a sign that corporate America is increasingly ...
Here’s One Theory About What Drives CEO Pay
Pay for globe-trotting CEOs has soared to new heights, even as most workers remain grounded by paychecks that are barely budging. While pay for the typical CEO of a company in the Standard & ...