Mar 9, 2017 - Economy & Business
AIG CEO announces plans to resign
- Alayna Treene, author of Axios Sneak Peek
Propublica / Flickr cc
American International Group announced Thursday that CEO Peter Hancock has informed the board of directors that he plans to step down, per CNBC. Shares of AIG rose 1.4% pre-market after the news.
Hancock, who was named chief executive of the global insurance organization in 2014, will remain CEO until a successor is appointed.