AIG Names Don W. Cummings Vice President and AIG Controller
NEW YORK -- March 13, 2013
American International Group, Inc. (NYSE: AIG) today announced that Don W.
Cummings has been named Vice President and Controller. Mr. Cummings will
assume responsibilities for the global Controller unit, reporting to Jeffrey
M. Farber, AIG Deputy Chief Financial Officer. Mr. Cummings will also oversee
the Controller units of the operating companies on a matrix basis.
Mr. Cummings most recently served as Senior Vice President and Deputy Chief
Financial Officer of AIG Life and Retirement. He is replacing Joseph D. Cook,
who became Deputy Chief Financial Officer of AIG Property Casualty. Don will
assume the role of Principal Accounting Officer in the second quarter of 2013.
“Don brings tremendous experience and first-hand knowledge of the complexities
of AIG’s global Finance function and the Controller unit,” said Mr. Farber.
“Don’s leadership role at Life and Retirement makes him uniquely positioned to
lead and continue to enhance this important function.”
David L. Herzog, AIG Chief Financial Officer added, “I have known and worked
with Don for many years and have complete confidence in Don and the global
Controller team. I want to also take this opportunity to thank Joe Cook for
his significant contributions to AIG during such a critical time in AIG’s
history. To be able to recruit, promote, and retain experienced professionals
like Don and Joe from within AIG signifies the depth and high level of finance
talent across AIG.”
Mr. Cummings, 49, served as Senior Vice President and Deputy Chief Financial
Officer of AIG Life and Retirement since March 2012, overseeing the Life and
Retirement Controller unit. Mr. Cummings joined AIG in 2007 as Senior Vice
President and Chief Accounting Officer of American General Life Companies, and
subsequently served as Senior Vice President and Chief Financial Officer of
American General Life Companies from August 2009 to April 2011 and as Senior
Vice President and Controller of AIG Life and Retirement from April 2011 to
March 2012. Mr. Cummings has over 27 years of experience in financial
management including significant expertise with life insurance and annuity
companies, broker-dealers, mutual funds, and investment advisors. Mr. Cummings
holds a bachelor’s degree in business administration with focuses on
accounting and data processing from Morehead State University. He is a
Certified Public Accountant and holds a Fellow, Life Management Institute
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: @AIG_LatestNews | LinkedIn:
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.
Jon Diat, 212-770-3505
Jim Ankner, 212-770-3277
Liz Werner, 212-770-7074
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