American International Group Inc. CEO Robert Benmosche reportedly told the company’s directors that he would like to hold on to his position longer than he previously planned, the Wall Street Journal reported on its website.
The 67-year-old Benmosche joined AIG in August 2009, and is largely credited for saving the company from financial ruin. AIG was at the center of the 2008 government-sponsored Troubled Asset Relief Program (TARP) rescue funds bailout. Diagnosed with cancer in late 2010, Benmosche said in an interview with the Journal that, health permitting, he plans to run New York-based AIG beyond next year. He had previously stated his desire to return to retirement sometime in 2012.
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