AIG CEO Hancock resigns after Q4 loss

Peter Hancock has resigned as president and CEO of AIG, citing a
lack of "wholehearted shareholder support" for his
leadership after the company posted weak fourth-quarter
results.
In a statement the carrier said Hancock will remain for a
transitional period until a successor has been named. AIG shares
were up 1.5 percent in the pre-market.The executive's position has come under pressure in recent
weeks after AIG revealed a mammoth $5.6bn charge in its Q4 results,
primarily stemming from liabili