AIG CEO wants chairman ousted or says he will quit

AIG CEO Robert Benmosche told the board last week he would quit unless chairman Harvey Golub leaves the company, Reuters says Bloomberg reported on Wednesday.

The Bloomberg story does not currently appear to be available.

Benmosche told the board during a meeting on June 25 that he wanted more control over the divestment of AIG's Asian life insurance unit, including making management changes, Bloomberg reported, citing unnamed sources.

Benmosche wanted to accept Prudential’s lower bid offer, but the AIG board voted against doing that.

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