Hank Greenberg Shocked by Cuomo, Pataki Op-Ed

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Former American International Group Inc (NYSE:AIG) CEO Hank Greenberg spoke with FOX Business Network’s (FBN) Liz Claman about his thoughts on the recent op-ed piece in the Wall Street Journal regarding lawsuits against him. Greenberg said, the op-ed piece written by former New York Governors George Pataki and Mario Cuomo was a “total surprise” and that today he wrote a letter thanking them both. Greenberg went on to discuss the potential split of Chairman and CEO for Jamie Dimon at JPMorgan Chase & Co. (NYSE:JPM) Greenberg said that Dimon has been doing “an outstanding job as CEO and Chairman” and that the board should “leave him alone.”

Hank Greenberg Shocked by Cuomo, Pataki Op-Ed

Excerpts from the interview with Hank Greenberg are below.

Hank Greenberg on whether he knew that George Pataki and Mario Cuomo were writing the op-ed piece:

“Total surprise.”

On his response to Pataki and Cuomo:

“Well, I have written them a letter today thanking both of them for their support and I hope to see both of them soon. I think it was an amazing thing for them to do.”

On whether he believes Jamie Dimon’s Chairman and CEO role should be split:

“He’s done an outstanding job as the CEO and Chairman. Why would you tamper with success, you have had record earnings. I just don’t understand why you would want to do that, why a board would even support that, why shareholders would support that – they benefited from his leadership.”

On whether he has spoken with Dimon about his thoughts on splitting the Chairman and CEO role:

“I’ve known him a long time. I haven’t spoken with him, but I think it is wrong for them to be attacking him this way. I mean he is a great leader – leave him alone.”

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