|AIG EXECUTIVE VICE PRESIDENT ROBERT M. SANDLER TO RETIRE AFTER 40 YEARS OF SERVICE|
NEW YORK--April 7, 2008--American International Group, Inc. (AIG) has announced that AIG Executive Vice President, Domestic Personal Lines, Robert M. Sandler is retiring from AIG after 40 years of service in key roles.
Kevin H. Kelley, Chairman and Chief Executive Officer of Lexington Insurance Company, will succeed Mr. Sandler as President of Domestic Personal Lines. Mr. Kelley is also Executive Vice President of the new AIG Property Casualty Group, reporting to Kristian P. Moor, President and Chief Executive Officer of the AIG Property Casualty Group.
Mr. Sandler joined AIG in 1968. He held various actuarial positions in the foreign and domestic property-casualty operations before being named Vice President and Casualty Actuary in 1980. In 1984, he was elected Senior Vice President, Senior Casualty Actuary and Senior Claims Officer and, in 1990, he assumed responsibility for developing AIG's domestic personal lines operations. Mr. Sandler served as Chairman of American International Underwriters, AIG's foreign property-casualty insurance organization, from 1994-2002. In 1995, he was elected Executive Vice President of AIG, and in 1999 was named Chairman of the 21st Century Insurance Group Board of Directors.
Martin J. Sullivan, AIG President and Chief Executive Officer, said, "Few executives have served AIG longer than Bob Sandler or in as many different key roles. It has been my personal pleasure to work with Bob these many years, and his colleagues at AIG join me in expressing our deep appreciation for his 40 years of dedicated service during an exceptional career. I am pleased that he will continue to serve as a consultant to AIG through 2008."
American International Group, Inc. (AIG), a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.