(Bloomberg) — Robert Benmosche is stepping down as AmericanInternational Group Inc.'s chief executive officer this weekendafter a five-year tenure in which he repaid the insurer's U.S.bailout and battled cancer.

Below is a timeline of noteworthy events in a career at NewYork-based AIG marked by clashes with the board and publicofficials, asset sales and a share rebound that beat the Standard& Poor's 500 Index.

Aug. 3, 2009: AIG says Benmosche, the formerleader of MetLife Inc., will come out of retirement to run thecompany. He replaces Edward Liddy who took over in 2008 when AIGgot a U.S. rescue that swelled to $182.3 billion. Shares close at$11.39.

Aug. 4, 2009: Benmosche tells staff he won't berushed into asset sales to help repay the U.S. “I don't liquidatethings, I build them,” he says.

Aug. 11, 2009: Benmosche, in his second day asCEO, tells employees that the insurer needs to slow the pace ofunwinding derivatives contracts. “I don't want to feed GoldmanSachs' bonus pool anymore,” he says. “I want to feed ours. In orderto do that, you've got to stop giving this stuff away.”

Aug. 20, 2009: Benmosche propels AIG's stock21% higher to $27.06, and the Standard & Poor's 500 Index jumps1.1 percent, as he tells Bloomberg News during a vacation inCroatia that says he expects to meet obligations to the U.S. andmay “be able to do something for our shareholders as well.”

Aug. 31, 2009: AIG says Benmosche “regrets hiscomments” as Bloomberg News reports that he told employees that NewYork Attorney General Andrew Cuomo acted like a “criminal” fordrawing attention to traders who got retention bonuses at the unitwhere losses required a bailout.

Nov. 11, 2009: Benmosche tells staff he is“totally committed” to leading the insurer after the Wall StreetJournal reported that he told the board he may step down because ofgovernment limits on what the company can pay his managers.

Dec. 22, 2009: Benmosche has haltedpreparations for an initial public offering of AIG'sproperty-casualty unit because he considers the business a coreholding, Bloomberg reports.

Feb. 8, 2010: Peter Hancock, a former banker,is hired by New York-based AIG to oversee finance and risk.

March 1, 2010: AIG announces a deal to sell AIAGroup Ltd. to Prudential Plc for about $35.5 billion afterBenmosche decides against holding an IPO for the unit.

April 1, 2010: Benmosche says he expects toremain for another year or two.

June 1, 2010: Prudential deal collapses afterBenmosche refused a request for a lower price. AIG falls 3.2percent to $28.69.

July 1, 2010: Benmosche has threatened toresign unless Chairman Harvey Golub leaves, Bloomberg News says,reporting that the board had pushed to accept a reduced offer forAIA.

July 14, 2010: Golub steps down, saying it'seasier to find a new chairman than replace a CEO.

Oct. 22, 2010: AIG holds the first of fourpublic offerings for AIA shares. The divestitures raise about $35billion.

Oct. 25, 2010: AIG says Benmosche has beendiagnosed with cancer and is undergoing “aggressive”chemotherapy.

March 30, 2011: The Federal Reserve Bank of NewYork rebuffs a $15.7 billion bid by Benmosche to repurchasemortgage-backed securities that were turned over as part of thebailout. The district bank opts to instead auction blocks ofassets, some of which are subsequently bought by AIG.

May 5, 2011: AIG lays out “aspirational goals”for 2015, such as a 10% return on equity, as the company seeks toreplace government support with private capital.

May 24, 2011: The U.S. Treasury Department cutsits stake to 77 percent from 92% in its first sale of AIG stock.The offering raises $8.7 billion for the U.S and the insurer.

Feb. 29, 2012: Benmosche says AIG benefitedfrom 'a certain stubbornness'' as it repaid bailout funds. “We arehere because we just don't give up,” Benmosche says in a letter toinvestors.

Nov. 1, 2012: Benmosche tells regulators thatAIG won't contest a designation as a systemically importantfinancial institution, a label that can lead to tighter capitalrules. “We welcome supervision by the Federal Reserve,” he writesin a letter.

Dec. 11, 2012: The U.S. Treasury completes itsexit of AIG shares in a public offering, and taxpayers' overallprofit on the bailout climbs to more than $22 billion.

April 19, 2013: AIG has warned some staffagainst buying New York-area homes as the CEO works to cut costs,Bloomberg News reports.

May 14: 2013: Benmosche says AIG has “plenty oftime” to meet a goal of completing the sale of International LeaseFinance Corp. to a Chinese investor Group by the end of thequarter.

June 4, 2013: “Whether this deal will get doneor not, we don't know,” Benmosche says of ILFC. The agreement withthe Chinese group over the plane-leasing unit eventually fails.

Oct. 11, 2013: Benmosche apologizes to U.S.Representative Elijah Cummings, former head of the CongressionalBlack Caucus, for remarks that the CEO made to the Wall StreetJournal comparing public uproar over AIG bonus payments to mobbehavior “with their pitch forks and their hangman nooses” in theU.S. Deep South decades ago.

Nov. 1, 2013: AIG declines the most in a year,to $48.28, after saying it may fail to meet some of its 2015goals.

Feb. 20, 2014: AIG says that Benmosche plans toremain CEO until the first quarter of 2015.

May 14, 2014: AerCap Holdings NV buys ILFC for$7.6 billion in cash and stock as AIG concludes its effort of morethan five years to narrow the company's focus.

June 10, 2014: AIG says Benmosche will bereplaced Sept. 1 by Hancock, who is being promoted to CEO from headof the property- casualty unit. The stock closes at $55.01.

Aug. 24, 2014: Benmosche tells BloombergTelevision's Betty Liu that the prognosis for his cancer hadworsened around the time his retirement was announced.

With assistance from Andrew Frye in Rome and Hugh Son andNoah Buhayar in New York.

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