Former AIG Directors: Plaintiffs’ Claims ‘Absurd’
August 27, 2009
Sixteen former AIG directors deny "schizophrenic" charges that their decisions deliberately led to the company's demise.

Ex-AIG CEO Gives Up Stock
December 31, 2008 by Joseph McCafferty
Former AIG chief executive Robert Willumstad will forego stock awards he was granted as part of his agreement to step into the insurer's top post last June.

Willumstad Declines Severance
September 23, 2008 by Joseph McCafferty
Former AIG CEO Robert Willumstad’s decision to reject a $22 million severance pay package is not indicative of a trend of failing large companies.

Deposed AIG CEO Gets $47M
July 2, 2008 by Joseph McCafferty
American International Group paid a $47 million severance package to former CEO Martin J. Sullivan.

CEOs: Be Ready on Day One
June 24, 2008 by Joseph McCafferty
Sufficient, thoughtful, and comprehensive succession plans are necessary for CEO appointments. With the "honeymoon" after a new CEO steps in shortening, planning is more critical than ever. Shareholders and investors are calling for more timely results and greater transparency. Promises aren't worth much without results.

AIG Board Names Willumstad CEO
June 16, 2008 by Joseph McCafferty
Robert Willumstad replaced Martin Sullivan as American International Group’s CEO.