(Bloomberg) — Robert Benmosche is stepping down as American International Group Inc.'s chief executive officer this weekend after a five-year tenure in which he repaid the insurer's U.S. bailout and battled cancer.

Below is a timeline of noteworthy events in a career at New York-based AIG marked by clashes with the board and public officials, asset sales and a share rebound that beat the Standard & Poor's 500 Index.

Aug. 3, 2009: AIG says Benmosche, the former leader of MetLife Inc., will come out of retirement to run the company. He replaces Edward Liddy who took over in 2008 when AIG got a U.S. rescue that swelled to $182.3 billion. Shares close at $11.39.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.