American International Group Chairman Robert B. Willumstad, speaking to analysts today after suddenly taking over the duties of chief executive officer this weekend, said he will work to improve AIG's balance sheet and has reached out to the insurer's angry ex-boss and major shareholder, Maurice Greenberg.

Mr. Willumstad, who promised to reveal a "strong game plan" sometime after Labor Day, became CEO after the board abruptly accepted the resignation of Martin J. Sullivan on Sunday.

Mr. Sullivan was installed in 2005, replacing Mr. Greenberg, who left after the company's accounting practices came under regulatory scrutiny.

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