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Golub Steps Down as AIG Chair Following Conflict with Benmosche

Thursday, July 15, 2010 | 0

American International Group (AIG) Chairman Harvey Golub resigned Wednesday citing conflicts with Chief Executive Officer Ben Benmosche.The nation's second-largest workers' compensation carrier late Wednesday released a letter from Golub, the retired CEO of American Express, to board members stating that Benmosche contends his relationship with Golub has become "ineffective and unsustainable.""At this point, I view asking the board to choose between us would be an abdication of my responsibility to lead," Golub said in a letter to fellow AIG board member and Pennsylvania public broadca...

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