Duperreault recruits top execs to lead transition of AIGReprints
Since returning to American International Group Inc. in May 2017 to lead the insurer’s turnaround following disappointing financial results, Brian Duperreault has made a series of high-level appointments as he has restructured AIG’s operations.
Following are key appointments made since Mr. Duperreault was named CEO of AIG.
Peter Zaffino, who worked with Mr. Duperreault at Marsh & McLennan Cos. Inc., joined AIG in June 2017 to lead its property/casualty operations.
In July 2017, AIG announced that Seraina Macia, who worked with Mr. Duperreault at Hamilton Insurance Group Ltd., would be rejoining AIG to head its technology subsidiary. The unit was later rebranded as Blackboard.
In September 2017, Bill Rabl joined AIG from Chubb Ltd. as CEO of AIG Risk Management.
September also saw the departure of Rob Schimek, formerly CEO of AIG’s commercial unit, as the insurer reorganized its business units.
In October 2017, AIG announced several senior appointments, including that former Novae Group P.L.C. executive Charles Fry had joined to head reinsurance, operations and transformation, general insurance; former Connecticut Insurance Commissioner Thomas Leonardi would join the insurer in the newly created position of executive vice president for government affairs, public policy and communications; former Ace Ltd. executive William Curcio would join the insurer as chairman of its AIG Risk Management unit; and MetLife Inc. executive Chris Townsend would join in 2018 in the newly created role of CEO, international general insurance.
In November 2017, AIG announced two senior internal promotions: Lex Baugh was named CEO of North America general insurance and George Stratts was named CEO of Lexington Insurance Co., replacing Jeremy Johnson.
In December 2017, the insurer announced that Tom Bolt, would be leaving Berkshire Hathaway Inc. to join AIG as chief underwriting officer, general insurance.
In January 2018, AIG announced that former Lockton Cos. L.L.C. exeutive Timothy DeSett would join as head of North America field operations in February.
In February 2018, AIG announced that former CIA general counsel Caroline Krass would join as senior vice president and general counsel, general insurance, and deputy general counsel of AIG.