99:, who stepped down as AIG's CEO amidst an accounting scandal. His career and accomplishments at AIG prior to his appointment as CEO were viewed positively. Frank Zarb, chairman of the executive committee at the time of Sullivan's CEO appointment, said, "AIG has a very strong and deep management team, and Martin Sullivan is a proven leader who will be an outstanding CEO. Martin has a distinguished record of accomplishment at AIG. He has achieved significant results in several key positions, and he has a deep understanding of AIG's major businesses throughout its domestic and international operations."
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manager for the UK/Ireland. In 1988 Sullivan became UK/Ireland marketing manager of AIU. Sullivan was appointed assistant managing director of AIG Europe (UK) Ltd. in 1989 and chief operating officer in 1991. In 1993 he was named president of AIU's UK/Ireland
Division and managing director of AIG Europe (UK) Ltd. Sullivan became senior vice president, foreign general insurance in 1996, and executive vice president, foreign general in 1998.
171:
Business
Advisory Committees of the St. George's Society and The British Memorial Garden Trust, on the board of directors for Episcopal Charities of New York, and on the board of trustees of the American Associates of the Royal Academy Trust. He is a past president of British American Business Inc. and is a director of Young Audiences Inc. and Friends of London Youth Inc.
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In 1971 Sullivan joined AIU's finance department, the non-life UK company of AIG. In 1974, he joined the property department and held a succession of underwriting and management assignments in the UK and
Ireland. In 1983, Sullivan was appointed property manager for the UK and later regional property
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AIG is currently undergoing investigation by the New York State attorney general's office for what State
Attorney General Andrew Cuomo called "unwarranted and outrageous" executive expenditures in the wake of the U.S. government's initial $ 85 billion support package extended to the failing bank.
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payments were withheld by AIG after the then
Attorney General of New York, Andrew Cuomo, raised issues. According to USA Today, "AIG CEO Martin Sullivan received $ 25.4 million in non severance related compensation between 2005 and 2007, including $ 322,000 for private use of corporate aircraft, $
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Sullivan is an associate member of the
Chartered Insurance Institute, a Fellow of the Institute of Leadership & Management, a Member of the Chartered Management Institute, a director of the International Insurance Society and former chairman of The Geneva Association. He also serves on the
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that was announced on
February 9, 2006, and was viewed as an important first cleanup step for AIG. Sullivan also successfully helped lead AIG through a required financial statement as a result of these various regulatory and accounting issues. Sullivan was replaced as CEO by
144:
Mr. Cuomo criticized in particular the multimillion-dollar payments to Martin
Sullivan, AIG’s former chief executive, and Joseph J. Cassano, who ran the unit blamed for the losses that pushed the company to the brink of collapse. AIG agreed to help recover that money.
514:
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plc (NYSE: WSH) and chairman and CEO of its, Willis Global
Solutions, which oversees brokerage and risk management advisory services for Willis's multinational and global accounts. He also previously served as president and
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Soon after his appointment as CEO on March 14, 2005, Sullivan began work on settling certain of AIG's regulatory issues that he inherited from
Greenberg. This led to a settlement with then New York Attorney General
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Leadership Award in May 2007. Sullivan is the recipient of The International Center in New York's Award of Excellence and was made an Officer of the
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and named president in 1997. He was elected to the board of AIG in May 2002 and was groomed as a potential CEO. Sullivan succeeded
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153,000 for car and parking, $ 160,000 for home security and $ 41,000 for financial planning."
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217:"More Spitzer/SEC Fallout: AIG's Greenberg Out; Sullivan Named CEO; Annual Report Delayed"
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340:"A.I.G. to Help Cuomo Recover Millions in Executive Pay," New York Times
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Committee Holds Hearing on the Causes and Effects of the AIG Bailout
408:"Non-Profit | New York | Episcopal Charities of New York"
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The United States Life Insurance Company in the City of New York
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He is reported to have donated, in January 2007, £50,000 to the
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United States House Committee on Oversight and Government Reform
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297:"AIG Agrees to Hold Back Pay for Former CEO Sullivan (Update3)"
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468:"Queen's Birthday Honours Departmental list [108KB]"
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Sullivan attended a predecessor school that was amalgamated
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In 1996 he was appointed chief operating officer of AIU in
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American chief executives of financial services companies
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The American Ireland Fund Leadership Award speech -video
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National Union Fire Insurance Company of Pittsburgh, PA
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The Variable Annuity Life Insurance Company (VALIC)
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115:On October 7, 2008, Sullivan testified before the
505:AIG press release re appointment as CEO/President
186:for "services to British business interests".
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156:in Dagenham, Essex. He was quoted as saying:
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314:Jones, Del; Iwata, Edward (2 October 2008).
16:For other people named Martin Sullivan, see
826:Officers of the Order of the British Empire
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231:"AIG settles with Spitzer, SEC for $ 1.6B"
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203:"Martin Sullivan to leave Willis in May"
716:American General Life Insurance Company
515:Chief Executive Magazine Interview 2006
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726:Fuji Fire and Marine Insurance Company
452:: CS1 maint: archived copy as title (
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148:Philanthropy, awards, and associations
316:"CEO pay takes a hit in bailout plan"
7:
66:), is the former deputy chairman of
846:American International Group people
390:"The Globe and Mail - News Sources"
167:to form the Sydney Russell School.
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652:(current non-executive chairman)
18:Martin Sullivan (disambiguation)
721:American Home Assurance Company
352:MY £50K THANKS - Sunday Mirror
245:"AIG chief Sullivan is ousted"
1:
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599:American International Group
277:Testimony of Martin Sullivan
77:American International Group
731:Lexington Insurance Company
644:(current president and CEO)
180:Order of the British Empire
38:1955 (age 68–69)
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286:(PDF) Retrieved 2008-10-07
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264:October 11, 2008, at the
176:The American Ireland Fund
772:American General Finance
510:FAT CAT$ of Wall Street
73:chief executive officer
788:PineBridge Investments
613:Cornelius Vander Starr
396:. Toronto. 9 May 2012.
260:Retrieved 2008-10-07
700:Ronald A. Rittenmeyer
205:. Business Insurance.
184:2007 Birthday Honours
154:Sydney Russell School
68:Willis Group Holdings
804:Corebridge Financial
709:Current subsidiaries
690:Suzanne Nora Johnson
621:Maurice R. Greenberg
560:Robert B. Willumstad
539:Maurice R. Greenberg
342:Retrieved 2008-10-16
131:Controversy Over pay
110:Robert B. Willumstad
97:Maurice R. Greenberg
755:Former subsidiaries
680:John H. Fitzpatrick
636:Robert H. Benmosche
531:Business positions
662:Board of directors
626:Martin J. Sullivan
394:The Globe and Mail
370:on 23 October 2012
303:. 22 October 2008.
282:2008-10-14 at the
112:on June 15, 2008.
52:Martin J. Sullivan
29:Martin J. Sullivan
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695:Douglas Steenland
670:Brian Duperreault
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500:Bio at Forbes.com
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831:1955 births
778:Philam Life
438:23 November
374:23 November
165: 1990
135:Sullivan's
83:Work at AIG
820:Categories
606:Key people
554:2005–2008
190:References
806:(spinoff)
616:(founder)
477:8 January
364:"History"
320:USA Today
301:Bloomberg
631:Ed Liddy
448:cite web
280:Archived
262:Archived
797:Related
182:in the
79:, Inc.
64:England
43:England
325:12 May
780:(now
774:(AGF)
767:ALICO
473:. BBC
471:(PDF)
432:(PDF)
425:(PDF)
60:Essex
479:2012
454:link
440:2012
376:2012
327:2010
35:Born
550:AIG
548:of
546:CEO
125:AIG
119:on
75:of
56:OBE
822::
450:}}
446:{{
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162:c.
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