|AIG ANNOUNCES EXECUTIVE APPOINTMENTS|
NEW YORK, Feb 02, 2010 (BUSINESS WIRE) -- American International Group, Inc. (AIG) today announced it has named six executives to corporate officer positions.
"One of the keys to AIG's success over its 90-year history--and even more so, to its reemergence as a strong, independent company--is our ability to attract and keep strong talent," commented AIG President and Chief Executive Officer Robert H. Benmosche. "I am delighted to have the opportunity to work with some of the most seasoned and committed people in financial services today. These appointments will add another dimension of experience and energy to AIG's talented group of leaders, who continue to do an incredible job facing enormous challenges."
The new AIG executives are:
Thomas Russo was named AIG Executive Vice President, Legal, Compliance, Regulatory Affairs and Government Affairs and General Counsel. Mr. Russo joins AIG from the New York office of Patton Boggs LLP, where he served as Senior Counsel. Prior to that, he was a Vice Chairman of Lehman Brothers Inc. and Chief Legal Officer of Lehman Brothers Holdings. Before joining Lehman in 1993, Mr. Russo was a Partner at Cadwalader, Wickersham & Taft and a member of its Management Committee. Mr. Russo has significant experience in Securities and Exchange Commission (SEC) enforcement and broker-dealer operations, and worked for the SEC from 1969 to 1971 as an attorney in its Division of Trading and Markets. He was an Advisor to the Brady Commission, as well as Deputy General Counsel of the Commodity Futures Trading Commission, and the first Director of its Division of Trading and Markets. He will report to Mr. Benmosche.
"I am excited to participate in a process at AIG to both repay the funds owed the U.S. taxpayers, and to continue to have a company in which all employees and stakeholders will be proud," Mr. Russo said.
Paulette Mullings Bradnock was named AIG Senior Vice President and Director of Internal Audit, reporting to Mr. Benmosche and to Christopher S. Lynch, an AIG Board Member and Chairman of the Audit Committee. Previously, Ms. Mullings Bradnock served as Deputy Director and Chief of Staff for the Internal Audit Division. Prior to joining AIG in 2005, Ms. Mullings Bradnock worked for 21 years at JPMorgan Chase, where she held a number of senior audit positions, including Audit Partner and Vice President.
Jeffrey J. Hurd was named AIG Senior Vice President, Human Resources and Communications, reporting to Mr. Benmosche. Mr. Hurd previously held numerous senior positions within AIG, most recently as AIG's Chief Administrative Officer. He has also served as Head of Asset Management Restructuring and interim President of AIG Global Real Estate. Prior to that, Mr. Hurd was Senior Managing Director, Chief Administrative Officer and General Counsel of AIG Investments, as well as Deputy General Counsel of AIG.
Sandra P. Kapell was named AIG Vice President and Global Head of Talent Strategy and Performance Systems, reporting to Mr. Hurd. In this new position, Ms. Kapell will oversee talent management, development and training, including recruiting, succession planning and performance management. She will also be responsible for developing human resources systems to identify, measure and track the progress of human capital programs. Ms. Kapell was most recently a Senior Vice President at MetLife, leading the Practice Development Group. During her six years at MetLife and her extensive experience in HR roles at other financial services companies, Ms. Kapell has designed and implemented talent development and performance management programs that drive measurable business results.
Michael R. Cowan was named AIG Senior Vice President and Chief Administrative Officer, succeeding Mr. Hurd. Mr. Cowan will report to Mr. Benmosche and have oversight responsibilities for AIG's operations and systems, corporate administration and the separation office. He joined AIG from Merrill Lynch, where he had served as Senior Vice President, Global Corporate Services, since 1998. Mr. Cowan began his career at Merrill Lynch in 1986 as Financial Manager and later served as Chief Administrative Officer for Europe, the Middle East and Africa. He was also Chief Financial Officer and a member of the Executive Management committee for the Global Private Client business, including Merrill Lynch Asset Management.
Christina Pretto was named AIG Senior Vice President, Communications, reporting to Mr. Hurd. Ms. Pretto joined AIG in 2009 as AIG Vice President, Corporate Media Relations, from Citigroup, where she worked in various senior communications roles for eight years, the last as Managing Director and Global Head of Public Affairs. Previously, she was Global Head of Corporate Affairs for Citigroup's corporate and investment banking division, responsible for media relations, internal communications, branding, advertising, digital media, community affairs, and external positioning. Prior to joining Citigroup, Ms. Pretto was Director of Communications for Standard & Poor's, and before that, she worked as a journalist, covering debt capital markets.
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.