Duperreault 'phenomenal choice' for AIG: KBW
Keefe Bruyette & Woods (KBW) analysts have said AIG's hire
of Brian Duperreault as CEO is a "phenomenal choice" that
was likely to assuage concerns over the direction of the company.
In a note released after the executive's appointment was
announced today, analyst Meyer Shields and colleagues said
Duperreault's presence would "materially alleviate
employee, broker and insureds' concerns" and showed the
current challenges at the firm were fixable.
Shields predicted the stock would rise once t
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