AIG board considers CEO change

Peter Hancock's future as CEO of AIG looks increasingly
uncertain as reports emerged claiming the board of the US insurance
giant was considering ousting the executive.
The board is mulling its options, which could include slashing
Hancock's bonus or replacing him, according to the Wall Street
Journal (WSJ).
The executive has coming under increasing pressure from
shareholders as AIG's performance has lagged behind
expectations for more than a year.
Around this time last year, as a result of pres