NEW YORK--(BUSINESS WIRE)--Sep. 18, 2014--
American International Group, Inc. (NYSE:AIG) announced today that Jay
S. Wintrob, President and Chief Executive Officer of AIG Life &
Retirement, is leaving the company after over 25 years to pursue other
AIG also announced that Michael R. Cowan, Executive Vice President and
Chief Administrative Officer, will retire from the company after nearly
five years of service.
“I would like to extend my sincere gratitude and appreciation to Jay,”
said Peter D. Hancock, President and Chief Executive Officer, AIG. “He
has played an instrumental role in AIG’s success. Under his leadership,
AIG’s life and retirement businesses have consistently been top
performers, Jay leaves behind a strong leadership team and businesses
that are well-positioned for the future. Along with everyone else at
AIG, I am incredibly thankful for his contributions and wish him
Mr. Hancock added, “I also would like to thank Mike for his dedication
and professionalism as AIG’s CAO since he joined the firm in 2010. He
has been an asset to the company, and we are grateful for all that he
accomplished while at AIG. We wish him well in his retirement.”
“It has been a privilege to have helped shape and lead such an
incredible company,” said Mr. Wintrob. “I am immensely proud of all that
we have done together and excited by Peter’s vision for the company.
There is tremendous opportunity ahead for AIG. I have great confidence
that the company’s leadership team has the experience and commitment to
continue to meet the goal of making AIG the most valued insurance
company in the world.”
Mr. Cowan said, “It has been a pleasure to work at AIG over the past
five years, and I look forward to seeing what the company can achieve in
the future. I wish all of my colleagues continued success.”
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.