27-02-2017 23:42 via insuranceinsider.com

AIG board mulls ousting Hancock: WSJ

Directors of American International Group reportedly are
considering punishing or even ousting the insurance giant's CEO
Peter Hancock following dismal fourth-quarter results that sent its
shares tumbling by almost 10 percent.
The board is mulling its options, which could include slashing
Hancock's bonus or replacing him, according to the Wall Street
Journal.
The executive has been living with the threat of revolt since
around this time last year when, under pressure from activist
investors John
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