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Today, American International Group, Inc. (NYSE:AIG) announced the retirement of Don Bailey, Executive Vice President and Chief Executive Officer, North America Commercial Insurance, who will step down at year-end to focus on his health, and announced a new leadership structure for North America.
Mr. Bailey's retirement concludes a distinguished career in the insurance industry spanning nearly 40 years. Mr. Bailey has played a critical leadership role in repositioning the Company's North America Commercial business in the marketplace as part of AIG's strategic repositioning. During his tenure, AIG revitalized its North America broker and client relationships and implemented a successful distribution strategy which achieved record levels of client retention and new business.
AIG's new North America leadership structure will take effect on January 1, 2026, and the following leaders will report to John Neal, the incoming President of AIG:
- Allison Cooper will be promoted to Co-President, Retail, North America Commercial
- Barbara Luck, will be promoted to Co-President, Retail, North America Commercial
- Lou Levinson, will be promoted to President, Wholesale, North America Commercial
Posted In: AIG
