AIG Names Russell Johnston President and Chief Executive Officer of AIG Environmental

AIG has named Russell Johnston President and Chief Executive Officer of AIG Environmental, a unit of AIG Commercial Insurance and the nation’s leading Pollution Liability insurance provider. Mr. Johnston assumes management responsibility for AIG Environmental from Joseph Boren, who has left the company. Mr. Johnston will report to John Q. Doyle, President and Chief Executive Officer of AIG Commercial Insurance.

In addition, Kimberly Hanna has been named Executive Vice President and Chief Operating Officer of AIG Environmental. Ms. Hanna will report to Russell Johnston.

John Doyle, President and Chief Executive Officer of AIG Commercial Insurance, said, "Russ Johnston has over 20 years of underwriting and management experience in the property casualty industry, which will be a significant advantage for AIG Environmental as it moves forward. I am excited about Russ and Kim leading AIG Environmental’s senior team, and expect continued strong performance from that organization.”

Mr. Johnston joined AIG in 1990 serving in senior management positions within AIG’s Risk Management Group, including President of National Accounts, President of Domestic Risk Management and most recently as President of AIG Risk Management. Mr. Johnston holds a bachelor’s degree from Syracuse University.

Ms. Hanna joined AIG’s Canadian operations in 1996. In 2000, she became a product line manager for AIG Environmental, and has held positions of increasing responsibility within the Environmental unit, including her most recent position as Senior Vice President and Chief Underwriting Officer. Ms. Hanna holds a bachelor’s degree from McMaster University.

American International Group, Inc. (AIG), a world leader 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 on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.