John Neal’s tenure at American International Group (AIG) is over before it began.
The former CEO of Lloyd’s of London and AIG reached a “mutual agreement” that he would not join the company due to “personal circumstances,” according to a brief filing with the U.S. Securities and Exchange Commission.
Neal was slated to start as president of AIG and leader of its General Insurance businesses on Dec. 1. AIG announced Neal’s hire in July.
AIG said CEO Peter Zaffino will work with the board on the company’s future organizational structure.
This story is being updated.
Topics
Excess Surplus
Lloyd’s
AIG
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