Dennis D. Dammerman, a former General Electric executive, has been elected a director on the American International Group Inc board, AIG announced.
Mr. Dammerman is currently board chairman of Discover Financial Services, lead director of Capmark Financial Group Inc., and a director of BlackRock Inc.
He retired in 2005 as GE vice chairman of the board and executive officer and as a member of the corporate executive office.
Mr. Dammerman spent 38 years at GE, including serving on the GE board since 1994, as chairman and chief executive officer of GE Capital Services since 1998, and as a director of GE Capital Services for 16 years.
“Dennis Dammerman is a distinguished and respected executive who brings to the AIG board a singular record of experience in financial management and financial services,” said Edward J. Liddy, AIG chairman and chief executive officer. “I am delighted that he has agreed to join the board of AIG at this crucial time, and I look forward to the benefit of his wise counsel.”
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