A.M. Best Co.

BestWeek: After the Fall, Fence Mending at AIG

Published in Law and Health Weekly, July 19th, 2008

The sudden ouster of American International Group's Chief Executive Officer Martin Sullivan on June 15, and his replacement with board Chairman Robert Willumstad, led to a week of uncertainty about the insurance giant's future among investors, analysts and AIG observers, according to a story in BestWeek U.S./Canada.

The possibility of some level of rapprochement between the AIG board of directors and the man Sullivan replaced, Maurice "Hank" Greenberg, added to the intrigue in the week following Sullivan's abrupt dismissal and the naming of Willumstad as the new chief executive.

Willumstad confirmed through a spokesman that he met with Greenberg on...

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Source: Law and Health Weekly (2008-07-19)

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