AIG Appoints Peter Zaffino as Global Chief Operating Officer
July 05 2017 - 4:16PM
Business Wire
American International Group, Inc. (NYSE: AIG) announced today
the appointment of Peter Zaffino as Executive Vice President,
Global Chief Operating Officer effective August 1, 2017. Mr.
Zaffino joins AIG after serving as Chief Executive Officer of Marsh
LLC – a leading global insurance brokerage and risk management firm
and subsidiary of Marsh & McLennan Companies, Inc. (MMC) – and
as Chairman of the Risk and Insurance Services segment of MMC since
2015. He was also a member of MMC’s Executive Committee since
2008.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170705005947/en/
Peter Zaffino, Executive Vice President,
Global Chief Operating Officer, AIG (Photo: Business Wire)
In his role at AIG, Mr. Zaffino will lead the day-to-day
business of all country operations, including U.S. Commercial field
operations and AIG’s Multinational organization, as well as Global
Business Services, Administration and Communications. Working
closely with the CEO and Executive Leadership Team, he will develop
AIG’s long-term strategy and operating plan, and be responsible for
executing the Commercial and Consumer strategies to achieve growth
and profitability objectives.
Brian Duperreault, AIG's President and Chief Executive Officer,
said: “Peter is one of the most talented executives operating in
the insurance industry. AIG’s field operations will benefit from
Peter’s experience across all aspects of the business, most
recently with one of the world’s largest brokers. Adding his deep
insurance knowledge and expertise to the leadership team at AIG
will accelerate our efforts to build and expand on this great
franchise.”
Mr. Zaffino said: “I worked closely with Brian during his tenure
at MMC. We are both driven to help our organizations achieve their
greatest potential. This comes with a dedication to operational
excellence and empowering those closest to our clients to create
valuable risk solutions for customers wherever they are in the
world. I look forward to joining the talented team at AIG and
contributing to the success of the company’s next chapter.”
Mr. Zaffino has over 25 years of experience in the insurance and
reinsurance industry. Prior to being named Marsh CEO in 2011, he
was President and CEO of Guy Carpenter & Company, LLC, a
leading global risk and reinsurance specialist and a subsidiary of
MMC, having previously held a number of senior roles at the firm.
Prior to joining Guy Carpenter in 2001, he held several senior
positions, including serving in an executive role with a GE Capital
portfolio company. Mr. Zaffino earned a BA in economics from Boston
College and an MBA in finance from New York University’s Leonard N.
Stern School of Business.
Certain statements in this press release constitute
forward-looking statements. These statements are not historical
facts but instead represent only AIG’s belief regarding future
events, many of which, by their nature, are inherently uncertain
and outside AIG’s control. It is possible that actual results will
differ, possibly materially, from the anticipated results
contemplated by these statements. Factors that could cause actual
results to differ, possibly materially, from those in the
forward-looking statements are discussed throughout AIG’s periodic
filings with the Securities and Exchange Commission pursuant to the
Securities Exchange Act of 1934.
American International Group, Inc. (AIG) is a leading global
insurance organization. Founded in 1919, today AIG member companies
provide a wide range of property casualty insurance, life
insurance, retirement products, and other financial services to
customers in more than 80 countries and jurisdictions. These
diverse offerings include products and services that help
businesses and individuals protect their assets, manage risks and
provide for retirement security. AIG's core businesses include
Commercial Insurance and Consumer Insurance, as well as Other
Operations. Commercial Insurance comprises two modules – Liability
and Financial Lines, and Property and Special Risks. Consumer
Insurance comprises four modules – Individual Retirement, Group
Retirement, Life Insurance and Personal Insurance. 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. These references with
additional information about AIG have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release.
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
countries, 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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170705005947/en/
American International Group, Inc.Investors:Liz Werner,
212-770-7074elizabeth.werner@aig.comorMedia:Jennifer Hendricks
Sullivan, 212-770-3141jennifer.sullivan@aig.com
American (NYSE:AIG)
Historical Stock Chart
From Mar 2024 to Apr 2024
American (NYSE:AIG)
Historical Stock Chart
From Apr 2023 to Apr 2024