succession planning News

Can a ‘Numbers Guy’ with Insurance DNA Finally Fix AIG?

NEW YORK — Peter Zaffino sat at 2 World Trade Center poring over financial reports on the morning of Sept. 11, 2001, when the first plane struck a neighboring building. Zaffino, known by colleagues for his laser-like focus, remained at …

Uncertainty Can Follow Grief When Small Business Owner Dies

NEW YORK — When Jim McLaughlin died suddenly from a heart attack at age 64, his family assumed they would have to close his homebuilding business. He’d made no plans for someone to succeed him at McLaughlin Construction, and there …