CEO of AIG... Petey has done a fine job. He collected 12milion per year in salary and now gets a $30million severance package for resigning so the company doesn’t have to fire him and endure additional financial harm. He has chased off many top talented staff and they are getting more Brain Dead by the day. AIG will never get on track until they have an insurance professional on board and get back to the basics of insurance. Ole Petey has been burning through $60million a year on unproven Insurance Underwriting Science in AIG’s Science division. So lets see if the math is correct, $12m salary for 3 years, plus the 30mil severance package, $60m annually on the lol-Science Team and $50m for an operating system that still does not function. Petey boy has cost AIG $296ml in one single division of the AIG ship since 2014. I think we should all stand up for a big round of applause to Mr. Handcock as has mastered the art of applying Lipstick to a Pig.
