NEW YORK--(BUSINESS WIRE)--Mar. 13, 2013--
American International Group, Inc. (NYSE: AIG) today announced that Don
W. Cummings has been named Vice President and Controller. Mr. Cummings
will assume responsibilities for the global Controller unit, reporting
to Jeffrey M. Farber, AIG Deputy Chief Financial Officer. Mr. Cummings
will also oversee the Controller units of the operating companies on a
Mr. Cummings most recently served as Senior Vice President and Deputy
Chief Financial Officer of AIG Life and Retirement. He is replacing
Joseph D. Cook, who became Deputy Chief Financial Officer of AIG
Property Casualty. Don will assume the role of Principal Accounting
Officer in the second quarter of 2013.
“Don brings tremendous experience and first-hand knowledge of the
complexities of AIG’s global Finance function and the Controller unit,”
said Mr. Farber. “Don’s leadership role at Life and Retirement makes him
uniquely positioned to lead and continue to enhance this important
David L. Herzog, AIG Chief Financial Officer added, “I have known and
worked with Don for many years and have complete confidence in Don and
the global Controller team. I want to also take this opportunity to
thank Joe Cook for his significant contributions to AIG during such a
critical time in AIG’s history. To be able to recruit, promote, and
retain experienced professionals like Don and Joe from within AIG
signifies the depth and high level of finance talent across AIG.”
Mr. Cummings, 49, served as Senior Vice President and Deputy Chief
Financial Officer of AIG Life and Retirement since March 2012,
overseeing the Life and Retirement Controller unit. Mr. Cummings joined
AIG in 2007 as Senior Vice President and Chief Accounting Officer of
American General Life Companies, and subsequently served as Senior Vice
President and Chief Financial Officer of American General Life Companies
from August 2009 to April 2011 and as Senior Vice President and
Controller of AIG Life and Retirement from April 2011 to March 2012. Mr.
Cummings has over 27 years of experience in financial management
including significant expertise with life insurance and annuity
companies, broker-dealers, mutual funds, and investment advisors. Mr.
Cummings holds a bachelor’s degree in business administration with
focuses on accounting and data processing from Morehead State
University. He is a Certified Public Accountant and holds a Fellow, Life
Management Institute designation.
American International Group, Inc. (AIG) is a leading international
insurance organization serving customers in more than 130 countries and
jurisdictions. AIG companies serve commercial, institutional, and
individual customers through one of the most extensive worldwide
property-casualty networks of any insurer. In addition, AIG companies
are leading providers of life insurance and retirement services in the
United States. AIG common stock is listed on the New York Stock Exchange
and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com
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AIG is the marketing name for the worldwide property-casualty, life and
retirement, and general insurance operations of American International
Group, Inc. For additional information, please visit our website at www.aig.com.
All products and services are written or provided by subsidiaries or
affiliates of American International Group, Inc. Products or services
may not be available in all jurisdictions, and coverage is subject to
actual policy language. Non-insurance products and services may be
provided by independent third parties. Certain property-casualty
coverages may be provided by a surplus lines insurer. Surplus lines
insurers do not generally participate in state guaranty funds, and
insureds are therefore not protected by such funds.
Source: American International Group, Inc.
American International Group, Inc.