AIG Names Adam Burk Global Treasurer and Head of Corporate Development
July 08 2024 - 8:33AM
Business Wire
American International Group, Inc. (NYSE: AIG) today announced
the appointment of Adam Burk as Global Treasurer and Head of
Corporate Development, effective immediately. He will continue to
report to Sabra Purtill, Executive Vice President, Chief Financial
Officer, with responsibility for AIG’s global treasury activities,
including capital management, banking and rating agency relations,
global capital markets, liquidity management, and cash management,
in addition to his current role leading the Corporate Development
and Strategy team.
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Adam Burk (Photo: Business Wire)
“Adam is an accomplished financial executive who has contributed
to many important initiatives that helped to strengthen AIG’s
balance sheet and enhance our financial flexibility as we
repositioned AIG as a leading global property and casualty
insurer,” said Ms. Purtill, Executive Vice President, Chief
Financial Officer, AIG. “I look forward to working closely with
Adam in this expanded leadership role.”
“I am pleased to take on these important responsibilities
working very closely with our teams across AIG to deliver on our
capital management goals and support the company’s strategic
initiatives to deliver value for our stakeholders,” said Mr.
Burk.
Since June 2021, Mr. Burk has served as the Head of Corporate
Development, Strategy and Mergers & Acquisitions for AIG.
During his tenure, he has held several leadership positions at the
company, including Chief Financial Officer of Global Operations and
senior roles in capital strategy and planning. Mr. Burk joined AIG
in 2013, from investment banking, where he focused on financial
institutions specializing in insurance at Citigroup, Nomura, and
Morgan Stanley. Previously, Adam practiced corporate law at Latham
& Watkins, in mergers & acquisitions and corporate finance.
Mr. Burk serves on the board of directors of Corebridge Financial,
Private Client Select and K2 Integrity.
Mr. Burk received his Juris Doctorate from University of
Pennsylvania Carey Law School, and a Bachelor of Business
Administration in Finance from the University of Michigan - Stephen
M. Ross School of Business.
About AIG
American International Group, Inc. (NYSE: AIG) is a leading
global insurance organization. AIG provides insurance solutions
that help businesses and individuals in approximately 190 countries
and jurisdictions protect their assets and manage risks through AIG
operations and network partners. For additional information, visit
www.aig.com. This website with additional information about AIG has
been provided as a convenience, and the information contained on
such website is not incorporated by reference into this press
release.
AIG is the marketing name for the worldwide operations of
American International Group, Inc. All products and services are
written or provided by subsidiaries or affiliates of American
International Group, Inc. Products or services may not be available
in all countries and jurisdictions, and coverage is subject to
underwriting requirements and actual policy language. Non-insurance
products and services may be provided by independent third parties.
Certain property casualty coverages may be provided by a surplus
lines insurer. Surplus lines insurers do not generally participate
in state guaranty funds, and insureds are therefore not protected
by such funds.
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version on businesswire.com: https://www.businesswire.com/news/home/20240708716442/en/
Quentin McMillan (Investors): quentin.mcmillan@aig.com Claire
Talcott (Media): claire.talcott@aig.com
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