Tuesday, April 26, 2005

AIG Restructures Its Executive Governance, Adds 2 Outside Directors to Board

The board of directors of American International Group Inc., which is under investigation by state and federal authorities for certain accounting and reinsurance practices, has elevated public policy concerns and added outside directors in a reworking of its organizational chart.

The board has established two new committees, reconstituted its Executive Committee, and elected two new outside directors.

See full Article.