AIG’s Hancock to Get $11.8M Pay Package as CEO

American International Group Inc.'s Peter Hancock will get a compensation package of $11.8 million a year as the insurer's new chief executive officer. The short-term incentive will be $3.2 million ...

Board Planning: When the CEO Has Cancer

When Goldman Sachs' then-senior partner, Gus Levy, suffered a stroke in the middle of a client meeting in 1976 and died shortly after, the bank's management didn't know who would lead the firm. No ...

Gressier to Step Down from AXIS COO Spot

AXIS Capital Holdings Ltd. said Jack Gressier stepped down just months after the Bermuda-based insurer and reinsurer named him chief operating officer. Gressier, 46, won't be replaced, and his ...