In addition to JPMorgan Chase (JPM -1.51%) recently losing its co-COO, AIG (AIG -3.11%) has announced four of its insurance executives are headed to rival Berkshire Hathaway (NYSE: BRK-B).
Both companies have experienced a fair amount of turmoil over the past several years. AIG was infamously bailed out by the U.S. government during the financial crisis, and JPMorgan's management team has been in flux since the London Whale trading fiasco in early 2012. Does the departure of more executives signal that the future is bleak for these embattled companies?
In this video, Motley Fool financials analyst David Hanson tells investors why they shouldn't worry about the departures. He also cites one company that saw its share price skyrocket after some high-level executives were shown the door.
