AIG Board Director Langhammer Resigns
Insurer American International Group Inc. (AIG) said on Monday a director, Fred H. Langhammer, resigned last week. AIG announced Langhammer's sudden departure in a filing with the U.S. Securities and Exchange Commission.
AIG spokesman Joe Norton said Langhammer, in a letter to his fellow directors on Oct. 28, said other commitments abroad made it difficult for him to continue effectively as an AIG director.
Langhammer is chairman of global affairs for cosmetics company Estee Lauder Cos Inc. He was elected to AIG's board in early 2006.
Published on November 4, 2008
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