(Bloomberg) -- American International Group Inc. is weighing a plan to hire Brian Duperreault as the company’s seventh chief executive officer since 2005, according to people familiar with the board’s deliberations.
Other candidates are still being considered as the board seeks a replacement for outgoing CEO Peter Hancock, said one of the people, who asked not to be identified discussing private deliberations.
Duperreault, 69, is a former deputy to longtime AIG leader Maurice “Hank” Greenberg and went on to lead one of the company’s biggest rivals, Ace Ltd. He later became CEO of the biggest insurance broker, Marsh & McLennan Cos., and then Hamilton Insurance Group, a Bermuda-based carrier backed by principals of hedge fund firm Two Sigma Investments. Representatives for AIG and Hamilton said the companies don’t comment on speculation. Two Sigma declined to comment.
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