Peter Hancock News
AIG Appoints Marsh CEO Zaffino, an Old Duperreault Colleague, as Global COO
New American International Group CEO Brian Duperreault turned to an old colleague as his first big executive hire, appointing Marsh LLC CEO Peter Zaffino as executive vice president and global chief ...
AIG Ex-CEO Hancock to Get $9.58M in 2016 Compensation
American International Group Inc shareholders on Wednesday approved the company's 2016 compensation for executives, including the insurance giant's former chief executive, Peter Hancock. Shareholders ...
For AIG, Recruiting Duperreault as CEO Was an Expensive Proposition
American International Group's decision to recruit Hamilton Insurance Group CEO Brian Duperreault as its next leader won't come cheap. To begin with, AIG will pay Hamilton $20 million to release ...
AIG’s Cost-Cutting Helped Lead to a Better-Than-Expected Q1
American International Group Inc., one of the largest U.S. insurers, reported better-than-expected first-quarter operating profit on Wednesday, helped by investment returns and cost cuts. AIG ...
AIG’s Investors Worry Over Succession Plan, Company’s Future
For nearly two months, American International Group Inc has planned to replace its chief executive but a successor has yet to be named, creating a void that has stoked investor concerns about the ...
Hamilton CEO Duperreault Emerges as Rumored AIG CEO Candidate
American International Group Inc. is weighing a plan to hire Brian Duperreault as the company's seventh chief executive officer since 2005, according to people familiar with the board's ...
Departing AIG CEO Hancock Paid Nearly $9.6M in 2016, Despite Bonus Denial
American International Group Inc's board of directors declined to award Chief Executive Officer Peter Hancock a cash bonus for his work last year, after the company's dismal financial performance ...
Billionaire Investor John Paulson Reportedly Planning AIG Board Exit
Billionaire John Paulson is planning to step down from American International Group Inc.'s board after his hedge fund sold shares in the insurer, according to a person familiar with the plan. The ...