American International Group, Inc. (AIG) announced a reorganization of Chartis, its global property casualty business this morning, and restructured its management team while also naming a new CEO.
On the following pages, we show you who the major players are now at Chartis and what roles they are assuming once all the dust settles.
Click next to begin the slideshow.
Peter D. Hancock
New Role: Chief Executive Officer, Chartis
Prior to joining AIG in February 2010, Peter Hancock served as vice chairman for KeyCorp. Before that, he served for 20 years at J.P. Morgan, where he ran the Global Fixed Income Business and Global Credit Portfolio, and also served as the firm's CFO and chairman of its risk management committee. Hancock also co-founded Integrated Finance Limited, an advisory firm specializing in strategic risk management, asset management, and innovative pension solutions.
Kristian P. Moor
New Role: Vice Chairman, Chartis
Kristian Moor was previously president and CEO of Chartis. He joined AIG's National Union in 1981. He has previously served as president and CEO of AIG Property Casualty Group, with responsibility for all of AIG's commercial and personal lines property and casualty businesses in the U.S. and Canada.
John Q. Doyle
New Role: CEO of Global Commercial Business, Chartis
John Doyle was previously president and CEO of Chartis U.S., responsible for Chartis' U.S. and Canadian commercial property casualty business and its private client group. Over the course of his 25-year career, Doyle has held senior executive positions in management and professional liability, excess casualty, workers' compensation, and field management within the U.S. commercial property casualty companies of AIG.
Jeffrey L. Hayman
New Role: CEO of Global Consumer Business, Chartis
Jeffrey Hayman was appointed senior vice president and chief administrative officer of Chartis in 2009. In that role, he was responsible for Chartis' global communications, O&S, administration, marketing, and program management. Hayman has also served as president of Chartis International's consumer lines division, as well as serving in a number of other roles in the Far East over his nearly 12 years in Tokyo.
Nicholas C. Walsh
New Role: Vice Chairman, Chief Distribution Officer, Chartis
Nicholas Walsh was previously president and CEO of Chartis International. Walsh has 37 years of experience working in the international businesses of AIG, and has also served as president and CEO of American International Underwriters (AIU).
Peter J. Eastwood
New Role: President and Chief Executive Officer, Chartis U.S.
Peter Eastwood will take on this role in addition to his current responsibilities as president of Lexington Insurance Company. Eastwood has more than 20 years of experience at AIG and also held the positions of senior executive of Lexington's Healthcare Division and president of Risk Specialists Companies, Inc.
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