AIG fires interim chief financial officer
AIG has fired its interim chief financial officer less than a month after giving him the position, saying he breached the insurance group’s confidentiality rules.
Mark Lyons, who stepped into the CFO role when Shane Fitzsimons went on medical leave in early January, is leaving the company with a negotiated pay-off of $7.5mn, AIG said on Monday.
According to a regulatory filing, Lyons, 66, was fired last Tuesday “after the company became aware that he violated his confidentiality/non-disclosure obligations”.
This story originally appeared on: Financial Times - Author:Stephen Foley