In a memo to the company's employees, AIG CEO Robert Benmosche said Wednesday that he and the board remain "totally committed" to leading AIG.
"We are all working aggressively to overcome this compensation barrier that stands in the way of restoring AIG's value and allowing us to live up to our obligations to all stakeholders," he wrote in the note.
People started speculating as to whether Benmosche would remain with the firm after a threat he made at a board meeting last week, when he said he was "done" with the job.