AIG Will Not See Abrupt Course Change: Incoming CEO - Presented by: The Aol. On Network

Insurer American International Group incoming chief executive said on Tuesday, the company will not see a sudden shift in strategy in coming months as its leadership changes. "There will be no abrupt change in strategy," said Peter Hancock, who will take the reins as CEO on Sept. 1, calling his appointment "a vote for continuity." Hancock, who spoke on a conference call with analysts, is the current head of the company's property casualty business. He will succeed Bob Benmosche.



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