|AIG VALIC NAMES J. MICHAEL PERRY EXECUTIVE VICE PRESIDENT AND NATIONAL SALES MANAGER|
HOUSTON--(BUSINESS WIRE)--May 25, 2004--AIG VALIC today announced that J. Michael Perry has been named Executive Vice President and National Sales Manager. He will be responsible for managing AIG VALIC's national sales organization including its eight regional offices and nearly 2,000 financial advisors. Perry will report directly to John A. Graf, AIG VALIC President and CEO and AIG Executive Vice President, Retirement Services.
In commenting on the announcement, John A. Graf said, "In his 21-year AIG VALIC career, Mike has demonstrated outstanding leadership and a commitment to superior performance as a financial advisor, district manager, and regional director. His in-depth knowledge of AIG VALIC and the retirement services industry make him ideally suited for an expanded leadership role within our national sales organization. We look forward to his contributions in leveraging AIG VALIC's traditional strengths while delivering on the growth strategies that will further strengthen our franchise leading position in the retirement services marketplace.
Perry began his financial services industry career with AIG VALIC as a financial advisor in its Baltimore Region in 1983. He was named District Manager of Virginia in 1987 and assumed expanded responsibilities when he was promoted to Regional Manager in 1999. Since 2000, Perry has been serving as Regional Director - Mid-Atlantic Region. He is a recipient of the AIG VALIC District Manager of the Year Award (1996) and Regional Manager of the Year (1999). Both honors reflect outstanding achievement in sales growth and financial advisor recruitment during the year.
Perry, 46, is a native of Rocky Mount, North Carolina. He received his B.S. degree in political science and public administration from James Madison University in 1979.
AIG VALIC, led by The Variable Annuity Life Insurance Company, is the nation's leading provider of retirement services to primary and secondary education, the second-largest provider to healthcare groups and the third-largest provider to higher education groups. AIG VALIC serves 25,000 client groups in more than 40,000 locations throughout the United States. AIG VALIC is a marketing unit comprised of VALIC Retirement Services Company, VALIC Financial Advisors, Inc., VALIC Trust Company and The Variable Annuity Life Insurance Company (VALIC), which are member companies of American International Group, Inc. (AIG). For more information, visit AIG VALIC at www.aigvalic.com.
American International Group, Inc. (AIG) (NYSE:AIG) is the world's leading international insurance and financial services organization, with operations in more than 130 countries and jurisdictions. AIG member companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In the United States, AIG companies are the largest underwriters of commercial and industrial insurance and AIG American General is a top-ranked life insurer. AIG's global businesses also include financial services, retirement services and asset management. AIG's financial services businesses include aircraft leasing, financial products, trading and market making. AIG's growing global consumer finance business is led in the United States by American General Finance. AIG also has one of the largest U.S. retirement services businesses through AIG SunAmerica and AIG VALIC, and is a leader in asset management for the individual and institutional markets, with specialized investment management capabilities in equities, fixed income, alternative investments and real estate. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
CONTACT: AIG Retirement Services, Inc. John E. Pluhowski, 713-831-1149 or AIG Corporate Communications Andrew Silver, 212-770-3141 SOURCE: AIG VALIC