Martin J. Sullivan
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Martin J. Sullivan | |
Born | 1955 Essex, England |
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Occupation | President and CEO of AIG |
Salary | $11,125,000 [1] |
Website http://www.aig.com |
Martin J. Sullivan (born 1955 in Essex, England), is President and Chief Executive Officer of American International Group, Inc.
Educated at the Sydney Russell School in Dagenham, Essex, in January 2007, he donated £50,000 to the school saying: "I would not be where I am today if it were not for the education and high standards I received there."[2]
In 1971 Sullivan joined AIU's finance department, the non-life UK company of AIG. In 1974, he joined the Property Department and held a succession of underwriting and management assignments in the UK and Ireland. In 1983, Mr. Sullivan was appointed Property Manager for the UK and later Regional Property Manager for the UK/Ireland. In 1988 Sullivan became UK/Ireland Marketing Manager of AIU. Sullivan was appointed Assistant Managing Director of AIG Europe (UK) Ltd. in 1989 and Chief Operating Officer in 1991. In 1993 he was named President of AIU's UK/Ireland Division and Managing Director of AIG Europe (UK) Ltd. Sullivan became Senior Vice President, Foreign General Insurance in 1996, and Executive Vice President, Foreign General in 1998.
In 1996 he was appointed Chief Operating Officer of AIU in New York and named President in 1997. He was elected to the Board of AIG in May 2002. Sullivan succeeded Maurice R. Greenberg, who stepped down as AIG's CEO amidst an accounting scandal.
Sullivan is an Associate Member of the Chartered Insurance Institute, a Fellow of the Institute of Leadership & Management, a Member of the Chartered Management Institute, a Director of the International Insurance Society and the Geneva Association. He also serves on the Business Advisory Committees of the St. George's Society and The British Memorial Garden Trust, and the Board of Trustees of the American Associates of the Royal Academy Trust. He is a Past President of British American Business Inc. and is a Director of Young Audiences Inc. and Friends of London Youth Inc.
He was awarded The American Ireland Fund Leadership Award in May 2007. Mr. Sullivan is the recipient of The International Center in New York's Award of Excellence and was made a member of the Order of the British Empire in the 2007 Queen's Birthday Honors List.
Sullivan is married with two daughters and a son.