Leadership
Lloyd’s, AIG Executives Added to Federal Insurance Advisory Committee
Top executives from Lloyd's of London, AIG, Prudential Financial Inc. Marsh & McClennan Companies and General Re Corp. are among 21 new appointees to the Federal Advisory Committee on Insurance. ...
Investors Believe Allianz Will Keep Old Leadership
Allianz is poised to reappoint Michael Diekmann as chief executive in October, investors believe, possibly delaying tough choices on whether Europe's largest insurer expands its global presence or ...
The Trouble With Incentive Compensation
Incentive compensation in many organizations has evolved over recent years. What started with the intent to increase the alignment of top management with shareholder interests, later developed into a ...
ACE CEO Greenberg Gushes About Emerging Market Potential
ACE Ltd. generated mostly robust 2014 second-quarter results. Chairman and CEO Evan Greenberg acknowledged as much during the company's investor call on July 23. But he spend a lot of time on ...
CEOs Tossing Fewer F-Bombs as Economy Improves
The chief executive officer of Scotts Miracle-Gro Co. is no stranger to profanity in his calls with analysts. On May 5, James Hagedorn did something different: After swearing, he apologized. Bad ...
Warren Buffett Gives $2B to Gates Foundation
Warren Buffett, the second-richest person in the U.S., made his largest single charitable contribution with a gift of $2.1 billion to the Bill and Melinda Gates Foundation as he seeks to encourage ...
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 ...
Summer Reading: A Recommendation from Bill Gates and Warren Buffett
What should business executives be reading this summer? If the opinions of billionaires Bill Gates and Warren Buffett carry any weight, then the book to grab is "Business Adventures" by John Brooks. ...