- AIG reports first-quarter earnings per share of $1.65.
- Analysts were expecting EPS of $1.12.
- AIG's Chartis unit reported operating income of $1 billion in the first quarter of 2012, compared to a $424 million loss a year earlier.
A review of data produced by BoardEx reveals that many big and small activist-targeted corporate boards feature young directors in their early-to-mid 30s who work for insurgent fund managers
Brian Duperreault spent more than 20 years at AIG, working under legendary CEO Hank Greenberg, before leaving in 1994.
Carl Icahn exited his positions in Allergan and Nuance Communications during the first quarter of the year and acquired a stake in a Xerox spinoff after pressuring for a split.