''There are a number of board members whose roles should change and who should leave,'' says one. ''We intend to work through the nominating committee and with [special board adviser] Arthur Levitt to make this happen.''
Shareholders attending the annual meeting of American International Group Inc. on Thursday seemed to be in an agreeable mood. With former chief executive officer Maurice Greenberg out of the picture, they OK'ed the insurance giant's entire slate of 15 directors and renewed the contract of auditor PricewaterhouseCoopers LLP.
However, a few major institutional investors are apparently till unhappy with these developments.
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