NU Online News Service, April 8, 11:08 a.m.EDT
|American International Group said investment banker andrestructuring expert Henry S. Miller has been added to the companyboard of directors to help the debt-ridden company with itsrecovery.
|"Henry will be a valuable addition as we continue to work torestore AIG as a strong company with solid businesses and to repaythe U.S. government for its financial assistance," said HarveyGolub, AIG board chairman, in a statement announcing Mr. Miller'selection yesterday.
|Mr. Miller is chairman, managing director and co-founder ofMiller Buckfire & Co., LLC, an investment bank specializing incorporate restructuring, mergers and acquisitions, debt and equityfinancing, and strategic advisory services.
|He is also chairman and chief executive officer of itsaffiliated business Marblegate Asset Management, an investmentmanager focused on investing in distressed credit and other specialsituation deep value opportunities.
|Prior to founding Miller Buckfire, Mr. Miller was vice chairmanand a managing director at Dresdner Kleinwort Wasserstein, where heserved as the global head of the firm's financial restructuringgroup.
|Before that, Mr. Miller was managing director and head of boththe Restructuring Group and Transportation Industry Group ofSalomon Brothers.
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