American International Group Inc.Edward Liddy, the troubled insurer's  chairman and CEO, will step down as soon as a successor is found.The board has accepted Liddy's recommendation that the chairman and CEO roles be separated, according to the AIG statement. He also said that the company also should initiate the necessary actions to install a more permanent leadership team and structure.

The board intends to conduct a search to fill each position. 

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access