American International Group, Inc. (AIG) announced the retirement of Don Bailey, Executive Vice President and Chief Executive Officer of North America Commercial Insurance, effective at year-end. Mr. Bailey's retirement concludes a nearly 40-year career in the insurance industry.
Concurrently, AIG announced a new leadership structure for its North America Commercial Insurance unit. This restructuring aims to ensure continuity and strengthen the leadership team within this critical business segment.
The changes reflect AIG's ongoing efforts to reposition its operations and maintain strong leadership. The new structure is designed to support the segment's strategic objectives and drive continued performance.
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