AIG (New York) has named Matthew E. Winter, currently AIG senior vice president, president and CEO of American General Life Companies, to the position of vice chairman, transition planning and administration. Winter, who will report directly to AIG chairman and CEO Ed Liddy, succeeds Richard H. Booth, who has retired, according to an AIG source.
The company also announced the appointment of Jeffrey Hurd as vice president and chief administrative officer, to oversee AIG's global operations and systems, corporate administration and a variety of special projects, according to the AIG source. Hurd, who will report to Winter, will continue to serve as senior vice president and head of asset management restructuring, reporting to Paula Reynolds.
The two executives will play key roles in AIG's efforts to restructure its businesses and repay the government assistance the company has received, according to Liddy. "We continue to make progress every day," Liddy says. "With their excellent management skills, Matt and Jeff will help continue our momentum."
Winter was elected AIG senior vice president in March 2007. Previously, he served as executive vice president and member of the office of the CEO for MassMutual Financial Group (Springfield, Mass.).
Hurd joined AIG in 1998 in the corporate legal department, and was most recently AIG Investments senior managing director, chief administrative officer and general counsel.
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio