AIG reconfiguring its board

Under pressure since admitting paying out milions in bonuses after receiving billions in federal bailout money, insurance giant AIG says it will reconfigure its board to include six new independent directors.  School of Management Professor James Post, an authority on corporate governance and business ethics, says the AIG effort is not a surprise because “the current governance failed.” 

Contact James Post, 617-353-4162, jepost@bu.edu

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