BANZAI7 NEWS--American International Group Inc. investors gathering for the insurer’s annual meeting tomorrow are again waiting for a new chief executive officer to help return the company to profitability.
AIG, which is selling assets to repay a $182.5 billion U.S. bailout, hired executive search firm Spencer Stuart to find a replacement for outgoing CEO Edward Liddy, according to two people familiar with the situation. Liddy, 63, said last month that he wanted to leave the New York-based company as soon as a successor is appointed.
Maurice "Hank" Greenberg is rumored to have expressed an interest in the job.
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