Smith Follows Greenberg, Resigns from AIG Board of Directors

Shortly after Maurice "Hank" Greenberg made news in the last week, American International Group Inc. reported Friday that Howard Smith, the company's former chief financial officer, resigned from its board.

Smith, who was dismissed in March as financial chief for reportedly not cooperating with government inquiries facing the company, said in a letter to the company on June 3 that his resignation is effective immediately.

Smith is also reportedly resigning from all other subsidiary companies of AIG where he was a director.

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