AIG announces new management team

American International Group (AIG) has named six new executives to corporate officer positions.

Thomas Russo was named AIG executive vice-president, Legal, Compliance, Regulatory Affairs and Government Affairs and General Counsel. Mr Russo joins AIG from the New York office of Patton Boggs LLP, where he served as senior counsel. Prior to that, he was a vice chairman of Lehman Brothers and chief legal officer of Lehman Brothers Holdings. Before joining Lehman in 1993, Mr Russo was a partner at Cadwalader, Wickersham & Taft and a member of its Management Committee. Mr Russo has significant experience in Securities and Exchange Commission (SEC) enforcement and broker-dealer operations, and worked for the SEC from 1969 to 1971 as an attorney in its Division of Trading and Markets. He was an advisor to the Brady Commission, as well as Deputy General Counsel of the Commodity Futures Trading Commission, and the first director of its Division of Trading and Markets. He will report to Mr Benmosche.
"I am excited to participate in a process at AIG to both repay the funds owed the US taxpayers, and to continue to have a company in which all employees and stakeholders will be proud," Mr Russo said.

Paulette Mullings Bradnock was named AIG senior vice-president and director of Internal Audit, reporting to Mr Benmosche and to Christopher Lynch, an AIG board member and chairman of the Audit Committee. Previously, Ms Mullings Bradnock served as deputy director and chief of staff for the Internal Audit Division. Prior to joining AIG in 2005, Ms Mullings Bradnock worked for 21 years at JPMorgan Chase, where she held a number of senior audit positions, including audit partner and vice-president.

Jeffrey Hurd was named AIG senior vice-president, Human Resources and Communications, reporting to Mr Benmosche. Mr Hurd previously held numerous senior positions within AIG, most recently as AIG's chief administrative officer. He has also served as head of Asset Management Restructuring and interim president of AIG Global Real Estate. Prior to that, Mr Hurd was senior managing director, chief administrative officer and General Counsel of AIG Investments, as well as deputy general counsel of AIG.

Sandra Kapell was named AIG vice-president and global head of Talent Strategy and Performance Systems, reporting to Mr Hurd. In this new position, Ms Kapell will oversee talent management, development and training, including recruiting, succession planning and performance management. She will also be responsible for developing human resources systems to identify, measure and track the progress of human capital prograMs Ms Kapell was most recently a senior vice-president at MetLife, leading the Practice Development Group.

Michael Cowan was named AIG senior vice-president and chief administrative officer, succeeding Mr Hurd. Mr Cowan will report to Mr Benmosche and have oversight responsibilities for AIG's operations and systems, corporate administration and the separation office. He joined AIG from Merrill Lynch, where he had served as senior vice-president, Global Corporate Services, since 1998. Mr Cowan began his career at Merrill Lynch in 1986 as Financial Manager and later served as Chief Administrative Officer for Europe, the Middle East and Africa. He was also CFO and a member of the Executive Management committee for the Global Private Client business, including Merrill Lynch Asset Management.

Christina Pretto was named AIG senior vice-president, Communications, reporting to Mr Hurd. Ms Pretto joined AIG in 2009 as AIG vice-president, Corporate Media Relations, from Citigroup, where she worked in various senior communications roles for eight years, the last as managing director and global head of Public Affairs. Previously, she was global head of Corporate Affairs for Citigroup's corporate and investment banking division, responsible for media relations, internal communications, branding, advertising, digital media, community affairs, and external positioning. Prior to joining Citigroup, Ms Pretto was director of Communications for Standard & Poor's, and before that, she worked as a journalist, covering debt capital markets.

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