Sullivan leaves AIG as CEO
Martin Sullivan has resigned his post as CEO of AIG, the insurance giant said in a statement. Current chairman Robert Willumstad has taken over the position as head of the company.
George Miles Jr., chairman of the nominating and corporate governance committee of the board of directors, said: “Martin successfully led AIG through the crisis it faced when he became CEO in 2005, and he has made significant contributions over the past three years in executing AIG’s strategy and building on its global franchise. The Board has determined that Bob’s broad managerial and financial services experience makes him the right person to lead AIG through today’s turbulent markets, drive
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