BUSINESS BRIEFING
- Share via
American International Group Inc. Chief Executive Robert Benmosche said he remains “totally committed” to leading the bailed-out insurer after reports that he told the board he may step down.
Benmosche made the comment in a letter to employees after the Wall Street Journal said he told directors last week he might resign because of U.S. limits on employee compensation. Benmosche, who came out of retirement in August to lead New York-based AIG, told employees he is “frustrated” with limits on what the company can pay its top 100 executives.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.