Former AIG CEO dies after battling cancer

Former American International Group CEO Robert Benmosche died Friday after a lengthy fight against lung cancer, according to Fox Business.

The 70-year-old was name chief executive of the company in August 2009, leading it through the aftermath of the recession.

Benmosche stepped down from his role in September, handing the reins to Peter Hancock, who was previously in charge of AIG’s property casualty unit. Benmosche had said he wanted to spend more time with his family.

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