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He was also responsible for expanding and profitably executing AIG's commercial and consumer strategies. [33] [44] Zaffino was also appointed to AIG's executive leadership team [43] in 2017. [42] He was hired by AIG's new CEO Brian Duperreault, [6] who had been CEO of Marsh & McLennan Companies from 2008 [3] to 2012. [42]
Here’s why CHROs should consider rotational programs for their the top talent. Brit Morse, Emma Burleigh. October 28, 2024 at 8:19 AM. ... convening in New York City Nov. 11-12.
During the 25 years he worked for AIG, Greenberg held a number of senior management positions. He ran AIG's Japan and Korea operations from 1991 to 1994. [4] He then oversaw all international property-casualty operations from AIG's New York offices. [4] Greenberg was named president and COO in 1997 and was considered the heir apparent to take ...
AIG filed suit against the Federal Reserve Bank of New York in January 2013 in order to maintain the former's right to sue Bank of America and other issuers of bad mortgage debt. [156] The specific issue was whether the Federal Reserve Bank of New York transferred $18 billion in litigation claims on troubled mortgage debt through Maiden Lane ...
Twenty AIG subsidiaries are licensed to do business in Pennsylvania, including National Union Fire Insurance Co. in Pittsburgh, believed to be the second largest AIG underwriter in the nation. Other subsidiaries include New Hampshire Insurance, Insurance Company of the State of Pennsylvania, Granite State Insurance and New Hampshire Indemnity. [11]
Sullivan's severance package payments were withheld by AIG after the then Attorney General of New York, Andrew Cuomo, raised issues. [7] According to USA Today, "AIG CEO Martin Sullivan received $25.4 million in non severance related compensation between 2005 and 2007, including $322,000 for private use of corporate aircraft, $153,000 for car and parking, $160,000 for home security and $41,000 ...