NEW YORK–(BUSINESS WIRE)–American International Group, Inc. (NYSE: AIG) today announced the
appointment of Sharon French as President and Chief Executive Officer,
Life & Retirement Funds. Ms. French succeeds Peter Harbeck, who
announced his intention to retire late last year.
In her new role, Ms. French will lead the Life & Retirement Funds
business, which comprises both AIG’s retail mutual funds operation and
SunAmerica Asset Management, LLC, which manages and administers over $85
billion in assets across multiple Life & Retirement business lines.* Ms.
French will assume her new position in late June.
“We are pleased that Sharon will be joining AIG to advance our strategy
to broaden our distribution footprint and the range of our product and
service offerings,” said Kevin Hogan, Executive Vice President and Chief
Executive Officer, Life & Retirement. “With her deep experience in
investment management, pioneering innovative product offerings and
strategy development, Sharon is well positioned to develop new
opportunities to grow the Life & Retirement Funds business.”
Ms. French has held a variety of senior roles during her 30 years in
financial services, most recently as Executive Vice President, Head of
Beta Solutions for OppenheimerFunds where she led the strategy,
development and implementation of the firm’s smart beta ETF products and
solutions. She also oversaw the firm’s Environmental, Social and
Governance (ESG) efforts and served on the firm’s Senior Leadership
Team, governing the overall strategic direction of OppenheimerFunds.
Previously, she served as Senior Strategic Advisor to the CEO and
President of Investment Management at BNY Mellon and Head of Private
Client & Institutions at BlackRock. She spent nearly a decade at
AllianceBernstein and held prior roles at mPower, Smith Barney and Chase
Manhattan Bank.
Said Ms. French, “I’m looking forward to working closely with Kevin and
with talented leaders and teams across the organization to further
enhance the strategic positioning of Life & Retirement Funds and develop
new offerings to meet the needs of clients and distribution partners.”
Ms. French received a B.S. in business management from the University of
Delaware, and earned her Certified Investment Management Analyst
designation from the University of Pennsylvania’s Wharton School of
Business. She is President and member of the Global Governance Committee
for Women in ETFs; serves on the Board of Wake Forest University School
of Business; and is a member of the Investment Company Institute’s ETF
Governance Committee. She has also recently served on the Dean’s
Advisory Council for the University of Delaware Lerner School of
Business, and as Co-Chair of the ETF and Managed Solutions Committee for
the Money Management Institute.
*As of March 31, 2019
About AIG Life & Retirement
AIG Life & Retirement, a division of AIG, brings together a broad
portfolio of protection, retirement savings, investment and lifetime
income solutions to help people achieve financial and retirement
security. The business consists of four operating segments – Individual
Retirement, AIG Retirement Services, Life Insurance and Institutional
Markets – and holds long-standing, leading market positions in many of
the markets it serves.
AIG Life & Retirement includes AIG member insurance companies American
General Life Insurance Company (Houston, TX), The United States Life
Insurance Company in the City of New York, and The Variable Annuity Life
Insurance Company (VALIC), (Houston, TX) as well as their affiliates.
Securities products are distributed by AIG Capital Services, Inc.,
member FINRA. Additional information about AIG Life & Retirement can be
found at www.linkedin.com/showcase/aig-life-&-retirement.
About AIG
American International Group, Inc. (AIG) is a leading global insurance
organization. Building on 100 years of experience, today AIG member
companies provide a wide range of property casualty insurance, life
insurance, retirement solutions, and other financial services to
customers in more than 80 countries and jurisdictions. These diverse
offerings include products and services that help businesses and
individuals protect their assets, manage risks and provide for
retirement security. AIG common stock is listed on the New York Stock
Exchange.
Additional information about AIG can be found at www.aig.com
| YouTube: www.youtube.com/aig
| Twitter: @AIGinsurance www.twitter.com/AIGinsurance
| LinkedIn: www.linkedin.com/company/aig.
These references with additional information about AIG have been
provided as a convenience, and the information contained on such
websites is not incorporated by reference into this press release.
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 countries, 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.
Contacts
Matt Burkhard (Media): 212-458-4253; [email protected]
Kenny
Juarez (Media): 212-458-8352; [email protected]
