Jay Wintrob and Michael Cowan to Retire from AIG
September 18 2014 - 4:28PM
Business Wire
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 opportunities.
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 continued success.”
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 |
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
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.
American International Group, Inc.InvestorsLiz Werner,
212-770-7074elizabeth.werner@aig.comorFernando Melon,
212-770-4630fernando.melon@aig.comorMediaJon Diat,
212-770-3505jon.diat@aig.com
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