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AIG names turnaround expert Duperreault as CEO to improve performance


By Suzanne BarlynREUTERS - American International Group named Brian Duperreault as its new chief executive officer on Monday, selecting a protege of former CEO Hank Greenberg and an industry veteran known for his turnaround expertise.Duperreault, age 70, is the founder and chief executive officer of Hamilton Insurance Group Ltd in Bermuda, and is seen as a short-to-medium term replacement for outgoing CEO Peter Hancock, who announced plans to depart in March after the insurer's fourth-quarter loss stunned investors and AIG's board.He may only stay at AIG for 3 to 5 years to finish an ongoing ...

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First Published: Mon, May 15 2017. 18:33 IST