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AIG boss paid $7m after quit rumor

China Daily | Updated: 2009-11-26 07:59

AIG boss paid $7m after quit rumor

AIG CEO Robert Benmosche has signed an agreement barring him from working for AIG's competitors when he leaves the company. Bloomberg News

NEW YORK: American International Group Inc, the insurer that received billions of dollars in a US bailout, has been authorized by its board to pay Chief Executive Robert Benmosche's $7 million compensation, after it laid to rest concerns that he may quit the post.

AIG boss paid $7m after quit rumor

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