AIG Dealmaker Juhas Leaves Strategy Role After ILFC SaleSonali Basak
American International Group Inc., the insurer that divested units to repay a bailout and simplify the company, said dealmaker Peter Juhas is stepping down after working on transactions including the sale of International Lease Finance Corp.
Juhas is leaving to pursue “new opportunities,” according to a memo Monday from Chief Financial Officer David Herzog.
Juhas, 44, joined AIG in 2011 from Morgan Stanley as global head of strategy and mergers and acquisitions. At the bank, he spent three years advising the government on its $182.3 billion bailout of New York-based AIG.
“I would like to extend my sincere gratitude and appreciation to Pete for his tremendous contribution to AIG,” Herzog said in the memo.
AIG last year completed the sale of ILFC to AerCap Holdings NV for $7.6 billion in cash and stock. The divestiture of ILFC completes a series of unit sales that AIG began in 2008.