NEW YORK--(BUSINESS WIRE)--Mar. 13, 2014--
American International Group, Inc. (NYSE: AIG) announced today that a
new director nominee, Peter R. Fisher, Senior Fellow at the Center for
Global Business and Government at the Tuck School of Business at
Dartmouth College and former Head of Fixed Income at BlackRock, Inc.,
will stand for election with the 13 current members of the AIG Board at
the AIG 2014 Annual Meeting of Shareholders scheduled for May 12, 2014.
“We are very pleased to put forward Peter Fisher to stand for election
to the Board at this year’s Annual Meeting,” said Robert S. Miller,
Chairman of the AIG Board of Directors. “Mr. Fisher brings with him
tremendous knowledge and unique perspectives in asset management and
government, both of which will contribute to the depth and foundation of
AIG’s Board. Furthermore, Mr. Fisher’s global experience with the
regulation of financial services companies will allow him to provide
valuable insight as AIG works to build upon recent successes and execute
on the company's strategy,” concluded Chairman Miller.
Mr. Fisher, 57, has been a Senior Fellow at the Center for Global
Business and Government, and a Senior Lecturer, at the Tuck School of
Business at Dartmouth College since July 2013. Prior to that, Mr. Fisher
spent over nine years at BlackRock, Inc.; serving as Senior Managing
Director from 2010 to 2013 and Managing Director from 2004 to 2009.
During his time at BlackRock, Mr. Fisher served as Head and Co-Head of
BlackRock’s Fixed Income Portfolio Management Group, overseeing
portfolio managers with responsibility for more than $1 trillion of
fixed income client accounts and funds and Chairman of BlackRock Asia.
Mr. Fisher continues to serve as a consultant to the BlackRock
From 2007 to 2013 Mr. Fisher also served as a Non-Executive Director of
the Financial Services Authority of the United Kingdom, where he was a
member of the Risk Committee. Prior to joining BlackRock in 2004, Mr.
Fisher served from 2001 to 2003 as Under Secretary of the U.S.
Department of Treasury for Domestic Finance. Mr. Fisher also worked at
the Federal Reserve Bank of New York from 1985 to 2001, ending his
service there as an Executive Vice President and Manager of the System
Open Market Account.
American International Group, Inc. (AIG) is a leading international
insurance organization serving customers in more than 130 countries. 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
| YouTube: www.youtube.com/aig
| Twitter: @AIGInsurance
| LinkedIn: http://www.linkedin.com/company/aig
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.
Jon Diat (Media), 212-770-3505
Werner (Investors), 212-770-7074