This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

AIG Names Don W. Cummings Vice President And AIG Controller

American International Group, Inc. (NYSE: AIG) today announced that Don W. Cummings has been named Vice President and Controller. Mr. Cummings will assume responsibilities for the global Controller unit, reporting to Jeffrey M. Farber, AIG Deputy Chief Financial Officer. Mr. Cummings will also oversee the Controller units of the operating companies on a matrix basis.

Mr. Cummings most recently served as Senior Vice President and Deputy Chief Financial Officer of AIG Life and Retirement. He is replacing Joseph D. Cook, who became Deputy Chief Financial Officer of AIG Property Casualty. Don will assume the role of Principal Accounting Officer in the second quarter of 2013.

“Don brings tremendous experience and first-hand knowledge of the complexities of AIG’s global Finance function and the Controller unit,” said Mr. Farber. “Don’s leadership role at Life and Retirement makes him uniquely positioned to lead and continue to enhance this important function.”

David L. Herzog, AIG Chief Financial Officer added, “I have known and worked with Don for many years and have complete confidence in Don and the global Controller team. I want to also take this opportunity to thank Joe Cook for his significant contributions to AIG during such a critical time in AIG’s history. To be able to recruit, promote, and retain experienced professionals like Don and Joe from within AIG signifies the depth and high level of finance talent across AIG.”

Mr. Cummings, 49, served as Senior Vice President and Deputy Chief Financial Officer of AIG Life and Retirement since March 2012, overseeing the Life and Retirement Controller unit. Mr. Cummings joined AIG in 2007 as Senior Vice President and Chief Accounting Officer of American General Life Companies, and subsequently served as Senior Vice President and Chief Financial Officer of American General Life Companies from August 2009 to April 2011 and as Senior Vice President and Controller of AIG Life and Retirement from April 2011 to March 2012. Mr. Cummings has over 27 years of experience in financial management including significant expertise with life insurance and annuity companies, broker-dealers, mutual funds, and investment advisors. Mr. Cummings holds a bachelor’s degree in business administration with focuses on accounting and data processing from Morehead State University. He is a Certified Public Accountant and holds a Fellow, Life Management Institute designation.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,856.78 -278.94 -1.54%
S&P 500 2,071.26 -29.78 -1.42%
NASDAQ 4,927.37 -55.4390 -1.11%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs