Benmosche speeded exit from AIG after cancer diagnosis

CEO until the end of this month, AIG's Bob Benmosche tells Bloomberg's Betty Liu he moved up his plan to step down after a dire cancer prognosis gave him a year or less to live. The cancer is stable for now, he tells Liu.

Peter Hancock takes over on September 1.

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Comments (6)
  • Daniel Niño
    , contributor
    Comments (59) | Send Message
    Very sad news. As an AIG shareholder, I am really thankful to Mr. Benmosche, who did an outstanding job commanding the turnaround of this company. I hope he can win this battle too.
    28 Aug 2014, 08:49 AM Reply Like
  • rockjcp
    , contributor
    Comments (2037) | Send Message
    Whatever Mr Benmosche did prior to AIG pales in comparision to the magnificent job he did in the turnaround. Values, ethics and goals he established set in place the real seeds of success AIG will have for decades. I also hope he can win his battle with cancer and extend my best wishes!
    28 Aug 2014, 09:16 AM Reply Like
  • Geodwe
    , contributor
    Comments (2) | Send Message
    Few heroic figures emerged from our financial crisis,,,,,Bob Benmosche certainly qualifies as one. All the best in your second retirement.
    28 Aug 2014, 10:20 AM Reply Like
  • Alejandro43
    , contributor
    Comments (107) | Send Message
    Mr. Benmosche has done a outstanding job and he will always be remember for it.


    There are a great many people, along with the Fed. government, who owe a great deal to him.


    He is a man who certainly made a difference in this world of ours!
    28 Aug 2014, 10:45 AM Reply Like
  • rockjcp
    , contributor
    Comments (2037) | Send Message
    Shareholders of AIG that bought in post debacle will benefit for years to come from Mr Benmosche's stewardship. May each day bring him blessings!
    29 Aug 2014, 08:20 AM Reply Like
    , contributor
    Comments (5) | Send Message
    As a shareholder, I am truly grateful for the excellence in management. This is a stock I will pass to my children and grandchildren.


    As an employee who joined two weeks before the collapse, I am grateful to be part of this story and thank Mr. Benmosche for his leadership, common sense and decency. He is a great man and took the time to resspond to emails from his employees. He changed AIG culture to make it a company I am proud to tell my family that I am a part of. I wish him the best as he returns to his retirement after saving this company. I wish him and his family peace and happiness as he fights this remaining battle with cancer. After seeing him in action here, I certainly would not bet against him aand keep this great man in my prayers.
    2 Sep 2014, 08:57 AM Reply Like
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