Bloomberg News

AIG to Reassess Succession After Miller Takes Hawker CEO Post

February 14, 2012

Feb. 7 (Bloomberg) -- American International Group Inc., the bailed-out insurer, will review its succession planning after Chairman Steve Miller was named chief executive officer of jet maker Hawker Beechcraft Inc.

“The board has an active succession planning process and will be assessing its plans in light of Mr. Miller’s announcement,” said Mark Herr, a spokesman for New York-based AIG, in an e-mail today. “Mr. Miller continues to serve as chairman of the board at AIG.”

AIG said in 2010 that Miller, 70, would become interim CEO of the insurer in the event that Robert Benmosche has to step down while fighting cancer.

--Editors: Dan Kraut, Stephen Kleege

To contact the reporter on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net


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