The latest management moves at American International Group Inc. (AIG) provide further signs that Peter Zaffino is positioned to succeed Chief Executive Brian Duperreault. AIG said Thursday that Mr. Zaffino has handed off his role as head of the company’s core property-casualty insurance unit to David McElroy, currently president and chief executive of the North… Continue reading Executive Moves at AIG Signal Possible CEO Successor
Tag: Peter Zaffino
AIG’s Zaffino Is Fighting to Turn Around the House that Hank Built
American International Group Inc.’s Peter Zaffino drew a clear line ahead of his jump to the insurer almost three years ago. “I didn’t want any advice,” Zaffino, AIG’s president, said in a rare sit-down interview. “I needed to see things for myself,” he added. “You just have to get underneath, business review after business review.”… Continue reading AIG’s Zaffino Is Fighting to Turn Around the House that Hank Built
Will A ‘Numbers Guy’ with Insurance DNA Be the Next AIG CEO?
Peter Zaffino sat at 2 World Trade Center poring over financial reports on the morning of Sept. 11, 2001, when the first plane struck a neighboring building. Zaffino, known by colleagues for his laser-like focus, remained at his desk as staff began fleeing. It was not until a fire warden pleaded with Zaffino – who… Continue reading Will A ‘Numbers Guy’ with Insurance DNA Be the Next AIG CEO?
AIG Names COO Peter Zaffino as President
American International Group Inc named Peter Zaffino, the executive overseeing a turnaround effort of the company’s general insurance unit, as the company’s president. Zaffino, AIG’s global chief operating officer and chief of its general insurance business, will continue to serve in those roles when he becomes president on Jan. 1, 2020, AIG said. He replaces… Continue reading AIG Names COO Peter Zaffino as President