American International Group Inc Chief Executive Officer Brian Duperreault said ...
NEW YORK - American International Group Inc Chief Executive Officer Brian Duperreault said on Thursday the insurer is reaching out to shareholders, per its usual custom, who last month gave his $21 million compensation only narrow approval.
Duperreault, known in the insurance industry as a turnaround expert, joined AIG in May 2017 to boost the company’s performance. In the first quarter, AIG showed signs of improvement after years of losses. It beat Wall Street expectations, with its general insurance business posting an underwriting profit for the first time since the 2008 financial crisis.
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