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Jeffrey Hurd Named AIG Vice President and Chief Administrative Officer

NEW YORK--(BUSINESS WIRE)--Apr. 24, 2009-- American International Group, Inc. (AIG) has announced that Matthew E. Winter, 52, AIG Senior Vice President, President and CEO of American General Life Companies, has been named Vice Chairman, Transition Planning and Administration, reporting to AIG Chairman and Chief Executive Officer Edward M. Liddy. In this position, Mr. Winter succeeds Richard H. Booth, 62, who has retired.

Mr. Winter will continue to serve as President and CEO of American General Life Companies, a position he has held since joining AIG in 2006. He was elected AIG Senior Vice President in March 2007. Previously, he served as Executive Vice President and member of the Office of the CEO for MassMutual Financial Group.

AIG also announced that Jeffrey Hurd, 42, has been named AIG Vice President and Chief Administrative Officer and will oversee AIG’s global operations and systems, corporate administration and a variety of special projects, reporting to Mr. Winter. Mr. Hurd will continue to serve as Senior Vice President and Head of Asset Management Restructuring, reporting to Paula Reynolds. He joined AIG in 1998 in the Corporate Legal Department, and was most recently AIG Investments Senior Managing Director, Chief Administrative Officer and General Counsel.

Commenting on the appointments, Mr. Liddy said Mr. Winter and Mr. Hurd will play key roles in AIG’s efforts to restructure its businesses and repay the government assistance it has received. “We continue to make progress every day,” Mr. Liddy said. “With their excellent management skills, Matt and Jeff will help continue our momentum.”

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.

Source: American International Group, Inc.

American International Group, Inc.
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Joe Norton, 212-770-3144