AIG shareholders back Hancock in vote
Under-fire American International Group (AIG) CEO Peter Hancock has
avoided a potential shareholder revolt as he was overwhelmingly
re-elected at the company's AGM this week.
Hancock received 878,113,002 votes for and 7,269,995 votes
against his re-election.
The vote to elect 16 directors was the first since activist
investors Carl Icahn and John Paulson were allocated two seats on
the insurer's board in February.
Paulson was elected to the board almost unanimously, receiving
872,590,511 votes i
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