(Bloomberg) -- Billionaire investor Carl Icahn said he may seek to shake up leadership at American International Group Inc. after Chief Executive Officer Peter Hancock rebuffed his plan to split the insurer into three companies.
Icahn will push for a measure that would enable shareholders to communicate directly with the board and possibly seek the addition of a director “who would agree in advance to succeed Mr. Hancock as CEO if asked by the board to do so,” the activist investor said in a statement on his website Monday.
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