AIG Names Thomas Leonardi as Executive Vice President, Government Affairs, Public Policy and Communications
October 24 2017 - 8:30AM
Business Wire
American International Group, Inc. (NYSE:AIG) today announced
that Thomas Leonardi will join the company as Executive Vice
President, Government Affairs, Public Policy and Communications
effective November 1, 2017. Mr. Leonardi previously served as the
Commissioner of Insurance at the Connecticut Insurance Department,
and as an investment banker and venture capitalist.
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Thomas Leonardi, Executive Vice
President, Government Affairs, Public Policy and Communications,
AIG (Photo: Business Wire)
Mr. Leonardi will report to Chief Executive Officer Brian
Duperreault and will oversee AIG’s global public policy and
government affairs and build clear lines of communication with the
numerous regulators that oversee AIG at the state, federal and
international levels. He will work closely with Executive Vice
President and General Counsel Lucy Fato, who will continue to
oversee global regulatory matters in addition to the company’s
legal and compliance departments. He will also provide oversight of
the Corporate Communications and Marketing function.
“Tom’s unique set of experiences across the insurance industry
will benefit AIG in countless ways,” said Mr. Duperreault. “I
served alongside Tom on the Board of the Federal Advisory Committee
on Insurance, and I know him to be both an excellent businessman
and accomplished entrepreneur. His knowledge of the insurance
industry and the regulatory environment gained during his time in
the private and public sectors will be an asset to AIG as we
position the company for future growth.”
“I look forward to joining the exceptional team at AIG,” said
Mr. Leonardi. “While at Evercore, I had the opportunity to work as
an advisor to AIG so I understand where the company has been and
more importantly, the potential for its future. I’m encouraged by
the changes that Brian has already put in motion so early in his
tenure, and I look forward to being part of AIG’s next chapter as a
leader in the industry.”
Mr. Leonardi joins AIG from Evercore, where he was Senior
Advisor to the firm’s Investment Advisory business with a focus on
the insurance industry. Prior to Evercore, Mr. Leonardi was head of
the Connecticut Insurance Department, a regulatory agency with
jurisdiction over one of the largest insurance industries in the
United States. For 22 years prior to his appointment as
Commissioner, Mr. Leonardi was Founder, Chairman and Chief
Executive Officer of Connecticut-based Northington Partners Inc.,
an NASD broker dealer, venture capital, private equity and
investment banking boutique that specialized in the insurance
industry. Before Northington, he was head of the investment banking
and venture capital divisions of Conning & Company, and
President of Beneficial Corporation’s insurance subsidiaries. He
began his career as a litigation attorney in Connecticut. Mr.
Leonardi received a J.D. from the University of Connecticut and a
B.S in history from Boston University.
Mr. Leonardi has also served as a member of the executive
committee of both the National Association of Insurance
Commissioners and the International Association of Insurance
Supervisors. He was a member of the U.S. Treasury’s inaugural
Federal Advisory Committee on Insurance, and was selected to serve
on the World Economic Forum’s Global Council on Insurance and Asset
Management.
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 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
www.twitter.com/AIGinsurance | LinkedIn:
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.
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AIGInvestorsLiz Werner,
212-770-7074elizabeth.werner@aig.comorMediaClaire Talcott,
212-458-6343claire.talcott@aig.comorSamantha Ebinger,
212-770-8433samantha.ebinger@aig.com
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