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AIG's Liddy to retire as CEO but remain on board of directors

May. 22, 2009
American International Group Inc. announced Thursday that Edward M. Liddy was stepping down as chairman and chief executive of the troubled insurance giant but that he planned to remain until the company's board of directors names his successor.
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Vietnam Veterans Memorial Commemorated in Washington
View Caption
A U.S. Air Force B-52 flies over the Vietnam Veterans Memorial during commemoration of 50th anniversary of the war on May 28, 2012 in Washington, DC. President Barack Obama is at the base of the wall left center. More than 58,000 names of the servicemen who were killed or missing in the war are engraved on The Wall. The B-52 bomber was used extensively during the Vietnam War. UPI/Pat Benic