AIG Retirement Services, Inc. Announces Senior Management Promotions within Its Retirement Savings Businesses.LOS ANGELES -- AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group Retirement Services, Inc., a member company of American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. , Inc. (AIG), today announced the following senior management promotions within its retirement savings businesses: --Randy W. Epright, Senior Vice President and Chief Information Officer, has been appointed to the additional position of Chief Operations Officer, AIGRS. --Howard M. Heitner, Executive Vice President, SunAmerica Affordable Housing Partners (SAAHP), has been appointed to the additional position of Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of this AIGRS investment unit. --Kathleen M. McCutcheon, Vice President, Human Resources, has been appointed Senior Vice President, AIGRS. --John E. Pluhowski, Vice President, Corporate Communications, has been appointed Senior Vice President, AIGRS. In commenting on the announcement, Jay S. Wintrob, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , AIGRS, said, "We greatly appreciate the many contributions that Howard Heitner, Randy Epright, Kathleen McCutcheon, and John Pluhowski have made to AIG and our retirement services organization. Howard's contributions to our affordable housing group have strengthened our leadership position in this growing market. Randy, Kathleen and John have increased the quality, effectiveness, and level of service for our businesses in three critical areas - information technology, human resources and corporate communications. We look forward to their continued leadership, dedication and creativity, all of which represent key ingredients in the continued success and market leadership of all the AIGRS businesses." Epright, in his expanded role, assumes additional responsibilities including strategic planning, extending best practices across all AIGRS customer service operations, and achieving greater efficiencies and economies of scale throughout AIGRS. In June 2002, he was named Senior Vice President and Chief Information Officer of AIGRS, with responsibility for all technology operations following the integration of the retirement savings businesses of AIG, SunAmerica, and American General. Previously, Epright was named Executive Vice President and Chief Information Officer of SunAmerica in August 1999. He joined AIG in December 1995 in the company's foreign general insurance division (AIU AIU American Intercontinental University AIU Allegheny Intermediate Unit (Homestead, PA) AIU Atlantic International University AIU Association of Indian Universities AIU Association Internationale des Universités ). Epright, 43, received his B.S. degree in business management from Providence College in 1984 and his M.B.A. in management information systems from the University of Denver Background and rankings The University was founded in 1864 as Colorado Seminary by John Evans, the former Territorial Governor of Colorado, who had been appointed by US President Abraham Lincoln. in 1987. Heitner is responsible for the day-to-day operations of SAAHP, directly supervising the accounting, tax, construction, debt, asset management, and legal departments. He also oversees the group's market rate developments and property sales and is Chairman of the investment committee, which has approved over 400 new low-income housing tax credit The Low Income Housing Tax Credit (LIHTC; often pronounced "lye-tech") is a tax credit created under the Tax Reform Act of 1986 (TRA86) that gives incentives for the utilization of private equity in the development of affordable housing aimed at low-income Americans. transactions since he joined the company in June 2000. Prior to joining, Heitner was a partner in the real estate department of O'Melveny & Myers LLP LLP - Lower Layer Protocol , specializing in tax-credit transactions, partnerships and real estate property financing. He will continue to work closely with Mike Fowler, President of SAAHP. Heitner, 50, received his B.A. in economics from Bucknell University in 1976 and a combined J.D.-M.B.A. from the University of Chicago in 1982. McCutcheon is responsible for the human resources function, serving all AIGRS businesses and over 6,000 employees nationwide. In this role, she oversees recruitment, leadership development, training and compensation. Prior to being named Vice President - Human Resources, AIGRS in September 2002, McCutcheon served as Director, Human Resources for The Personal Lines Group of AIG, where she began her career with the company in October 2000. Previously, McCutcheon served as Assistant Vice President, Human Resources at CIGNA CIGNA CG (Connecticut General Life Insurance Company) INA (Insurance Company of North America) . She began her financial services industry career with Citicorp in May 1983. McCutcheon, 45, received her B.A. degree in Psychology from Cleveland State University Cleveland State University, at Cleveland, Ohio; coeducational; founded 1964, incorporating Fenn College (est. 1923). The Cleveland-Marshall School of law was incorporated in 1969. in 1982. Pluhowski is responsible for a broad range of communications activities including public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most and advertising, employee communications, and community affairs. He also supports AIGRS businesses in developing brand strategies, marketing and public relations campaigns, and direct response advertising. Previously, Pluhowski served as Vice President, Corporate Communications for American General Corporation, where he was responsible for shareholder communications and media relations prior to AIG's acquisition of the company in August 2001. He began his financial services industry career with The Acacia Group in 1979 before joining American General as Director, Corporate Communications in October 1988. Pluhowski, 51, received his B.A. degree in communications from the University of Maryland University of Maryland can refer to:
AIG Retirement Services, Inc. (AIGRS), a member company of American International Group, Inc, specializes in retirement savings and investment products and services, including individual variable and fixed annuities Fixed annuities Contracts in which an insurance company or issuing financial institution pays a fixed dollar amount of money per period. , group retirement products, mutual funds, financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and investment advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal . AIGRS serves more than five million customers with retirement savings products and services through its vast distribution network of registered representatives, independent broker-dealers, national and regional securities firms, banks and insurance agencies. SunAmerica Affordable Housing Partners, Inc. (SAAHP), an indirect wholly-owned subsidiary of American International Group, is one of the nation's leading investors in low-income housing tax credit transactions and the fifth largest apartment investor in the nation with more than 1,200 properties encompassing over 135,000 multi-family housing units in 48 states. American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed in the U.S. on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland and Tokyo. |
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