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American International Group, Inc. Message Board

  • maybeyessirre maybeyessirre Sep 17, 2008 12:21 AM Flag

    AIG Fired Chief get $8.7 million

    Robert B. Willumstad, who became A.I.G.’s chief executive in June, will be succeeded by Edward M. Liddy, the former chairman of the Allstate Corporation. Under the terms of his employment contract with A.I.G., Mr. Willumstad could receive an exit package worth as much as $8.7 million if his removal is determined to be “without cause,” according to an analysis by James F. Reda and Associates.

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