AIG Names Brian T. Schreiber Chief Strategy Officer
May 13 2015 - 8:45AM
Business Wire
American International Group, Inc. (NYSE:AIG) today announced
that Brian T. Schreiber will assume the newly created role of
Executive Vice President and Chief Strategy Officer. Mr. Schreiber,
who has served in various senior roles over the course of his
18-year career at AIG, will report to Peter D. Hancock, President
and Chief Executive Officer of AIG. Mr. Schreiber will join AIG’s
Operating Committee and chair its Strategy Committee.
As Chief Strategy Officer, Mr. Schreiber will oversee AIG’s
global strategic planning efforts; M&A and divestitures; and
Communications, which includes corporate marketing, brand, external
and internal communications, digital media, and philanthropy and
volunteerism; he also will share responsibility for Investor
Relations with David Herzog, AIG’s Chief Financial Officer.
Mr. Schreiber will lead AIG’s efforts to identify, and execute
on, value-maximizing growth opportunities, rationalize the
company’s portfolio of businesses, and determine capital
allocation. In addition, Mr. Schreiber will ensure that AIG
communicates credibly and effectively as the company continues to
strive to advance trust and confidence among its many stakeholders,
both internal and external.
“Brian, in both operating and transactional roles, has
demonstrated seasoned leadership in the best and worst of times for
our company,” Mr. Hancock said. “His broad scope of expertise and
deep understanding of the company will be enormously valuable in
helping us shape our path and manage future challenges.”
Most recently, Mr. Schreiber served as Deputy Chief Investment
Officer, which included managing a $200 billion asset portfolio. He
also served as Treasurer and as Head of Strategic Planning,
managing many of AIG’s major acquisitions, as well as acting as a
key member of the team that designed and executed AIG’s
restructuring plan to successfully repay America plus a combined
positive return of nearly $23 billion.
American International Group, Inc. (AIG) is a leading global
insurance organization serving customers in more than 100 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 |
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
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.
American International Group, Inc. (AIG)Jon Diat (Media),
212-770-3505jon.diat@aig.comorJennifer Hendricks Sullivan (Media),
212-770-3141jennifer.sullivan@aig.comorLiz Werner (Investors),
212-770-7074elizabeth.werner@aig.com
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