Tags: Chairman | Miller | AIG | Plans | Sell | Debt | Within

Chairman Miller: AIG Plans to Sell Debt Within a Year

Wednesday, 29 Sep 2010 02:56 PM

American International Group Inc., the bailed-out insurer, plans to sell debt within six months to a year as the company moves toward independence from the U.S. government, Chairman Steve Miller said today.

Miller made the comments in an interview after speaking at a Dow Jones private equity conference in New York, where AIG is based.

Miller became AIG’s sixth chairman since 2005 almost three months ago when predecessor Harvey Golub stepped down after clashing with Chief Executive Officer Robert Benmosche. Miller, 68, has overseen the bankruptcy of auto-parts supplier Delphi Corp. and helped Chrysler Corp. return to profitability.

He wrote a 2008 autobiography called “The Turnaround Kid: What I Learned Rescuing America’s Most Troubled Companies.”


© Copyright 2017 Bloomberg News. All rights reserved.

   
1Like our page
2Share
StreetTalk
American International Group Inc., the bailed-out insurer, plans to sell debt within six months to a year as the company moves toward independence from the U.S. government, Chairman Steve Miller said today.Miller made the comments in an interview after speaking at a Dow...
Chairman,Miller,AIG,Plans,Sell,Debt,Within,Year
115
2010-56-29
Wednesday, 29 Sep 2010 02:56 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved