Robert Benmosche
Robert Benmosche
Company: AIG

In 2009, AIG CEO Robert Benmosche finally stopped the leadership revolving door that had begun to spin in 2008, when former CEO Edward Liddy replaced Robert Willumstad, who had, in turn, replaced Martin Sullivan. AIG took a massive $182 billion bailout check from the U.S. in 2008.

Under Benmosche's leadership, the company seems to be doing much better. AIG has sold assets, including $6 billion worth of its Asian insurance company AIA. "This is important," Benmosche said during the company's 2012 first-quarter earnings, "because it allowed us to do a lot of things in the first quarter that gives us financial flexibility as we look to the future."

AIG will have to continue to work its way out of government control. The U.S. government owns 70% of the insurance giant, which is an improvement, given that it owned 92% of the company in 2011.



By Shelley DuBois, writer-reporter @FortuneMagazine - Last updated June 18 2012: 3:57 PM ET
Join the Conversation
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.