CEO school: flung into top job, Sullivan of AIG learns on the fly

Article Abstract:

The management style of Martin Sullivan, chief executive officer of American International Group Inc., is discussed and compared to that of his predecessor and mentor, the recently ousted Maurice Greenberg. Special attention is given to Sullivan's handling of both internal and external investigations into the accounting scandal that led to Greenberg's dismissal.

United States, Legal issues & crime, Executive changes & profiles, Capital funds & cash flow, Analysis, Officials and employees, Company legal issue, Investigations, Accounting and auditing, American International Group Inc., Management techniques, AIG, Greenberg, Maurice, Sullivan, Martin

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Munich Re expects profit of $2.33 billion

Article Abstract:

Munich Reinsurance Co. has announced it expects to have generated a net profit of approximately $2.33 billion. Chief Financial Officer Joerg Schneider reports the company is keeping insurance prices stable and costs low so that Munich Reinsurance Co. is close to achieving sustained profitability.

Germany, Sales, profits & dividends, Forecasts, trends, outlooks, Company sales and earnings, Company earnings/profit, Munich Reinsurance Co., Company business forecast/projection, Company forecasts

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