CEO / Chief Executive
WSJ: Two AIG Execs In the Lead To Become CEO
AIG's heads of property casualty and life-insurance/retirement appear to be the two leading candidates to become the conglomerate's next CEO. As The Wall Street Journal reported, current CEO Robert ...
Endurance to Continue Push for Aspen Deal; First Strategic Combo Since ACE-CIGNA, CEO Says
Executives at Endurance Specialty Holdings said they will continue to try to engage Aspen Insurance Holdings in negotiations related to Endurance's bid to acquire Aspen—a dialogue that Endurance ...
Charman Questions Soft Market Re-Buying Strategies as Endurance Cedes More
As the market softens, should insurers and reinsurers keep more of their business net, or should they buy more reinsurance and retrocessional cover while there are lower prices and better terms? A ...
Morgan Stanley CEO: Jail Not Appropriate for Bad Judgment
Morgan Stanley Chief Executive James Gorman said on Tuesday that he does not believe more bankers should have gone to jail for the financial crisis. "Bad judgment, incompetence, negligence, greed: ...
Buffett Says Berkshire’s ‘Phase Two’ to Stress Strategic Takeovers Rather Than Stocks
Warren Buffett pressed the case at Berkshire Hathaway Inc.'s annual meeting for why takeovers make more sense for the company than the stock picks that propelled growth for decades. The billionaire ...
Tyco Moving to Ireland as Swiss Tighten Laws on Exec Pay, Immigration
Security systems maker Tyco International said its board had approved a proposal to move the company's headquarters to Ireland from Switzerland, citing recent Swiss laws capping executive pay and ...
Investors Pepper Warren Buffett With Tough Questions
Warren Buffett on Saturday defended his recent controversial vote on executive pay at Coca-Cola Co and disappointing performance at railroad BNSF, as investors grilled him on his Berkshire Hathaway ...
Pay Disclosure Harms Shareholders, Fuels Jealousy Between Execs, Buffett Says at Annual Confab
Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said shareholders are harmed by rules that force companies to disclose the pay of top managers. ...