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Article: AIG investors get nostalgic for the Greenberg charisma MARKETPLACE by Bloomberg
- Article from:
- International Herald Tribune
- Article date:
- February 24, 2006
- Author:
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Jesse Westbrook
International Herald Tribune
02-24-2006
American International Group investors have rewarded the company's chief executive, Martin Sullivan, by bidding up AIG shares as he cooperated with regulators investigating his predecessor.Now, they want him to emulate his predecessor, the ousted chief executive, Maurice Greenberg.That means more new products, a stronger foothold in China and further earnings growth of 15 percent a year, say shareholders in AIG, the world's largest insurer. In his 11 months at the head of AIG, Sullivan, a former Greenberg protege, has used his crisis management skills to navigate AIG through a $3.9 billion earnings restatement and resolve accusations ...