Hancock succeeds Benmosche as AIG's CEO and president
Sept 1 (Reuters) - American International Group on Monday said that Peter Hancock has assumed the role of President and Chief Executive Officer, replacing Robert Benmosche.
Benmosche, originally scheduled to retire in 2015, was diagnosed with cancer in 2010. He learned in May that he had nine months to a year to live.
Benmosche will now serve as an advisor, the company said in a statement.
The insurer had said in June that Peter Hancock would succeed Benmosche as CEO and president, effective Sept. 1. Hancock joined AIG in 2010 and has headed the company's property-casualty business since March 2011. (Reporting by Narottam Medhora in Bangalore Editing by W Simon)
- iPhone comes out of a 'bygone era', reviewers hail bigger handset
- Scots' support for independence lags on eve of referendum |
- Boeing, SpaceX win contracts to build 'space taxis' for NASA
- Fed could hint on rate-hike plans as it prepares for policy turn
- Polls show Scottish opponents of independence with slight lead ahead of vote |