Following reports in early December 2009 of the resignation of AIG’s chief human resources officer and member of the senior executive committee, the insurer announced that two more executives have resigned. Anastasia Kelly, vice chairman for Legal, Human Resources, Corporate Affairs, and Corporate Communications, and Suzanne Folsom, chief compliance and regulatory officer, have both left the company.
Kelly resigned for "Good Reason" under the terms of AIG's Executive Severance Plan based on the reduction in her base salary that was mandated by the Special Master for Executive Compensation for TARP Recipients, according to AIG. And Folsom reportedly left to pursue other opportunities.
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