Former AIG CEO Robert Benmosche Dies -- Update

By Chelsey Dulaney 

American International Group Inc. said former Chief Executive Robert H. Benmosche died Friday after battling lung cancer since 2010.

Mr. Benmosche, who left the company in September after four years as its president and CEO, had led the company through one of the biggest bailout packages of the financial crisis, which it has since repaid.

Mr. Benmosche, who was 70 years old, had publicly disclosed in fall 2010 that he had cancer, without revealing the type. In the years since, he repeatedly stated that the cancer responded well to treatment, and by all accounts he has been active and energetic over the years.

When he left AIG, he divulged that his cancer worsened dramatically and made him less interested in staying at the company into early this year as previously envisioned.

Mr. Benmosche died Friday morning at NYU Langone Medical Center with his family at his side, the company said.

"Bob was one of the most inspirational and successful leaders in corporate America by any measure," said AIG chairman Robert S. Miller in a news release.

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