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Thursday, May 9, 2024

AIG’s former chief monetary officer passes away




AIG’s former chief monetary officer passes away | Insurance coverage Enterprise America















He left the worldwide insurer earlier this yr following a medical depart of absence

AIG’s former chief financial officer passes away


Insurance coverage Information

By
Terry Gangcuangco

Shane Fitzsimons, the previous chief monetary officer who left American Worldwide Group earlier this yr following a medical depart of absence, has handed away.

When Fitzsimons’ medical depart was introduced in January, then international chief actuary Mark Lyons stepped in as interim CFO. Lyons, nonetheless, was fired a few weeks later attributable to violations of confidentiality/non-disclosure obligations.

The place was subsequently crammed by Sabra Purtill, who initially served in an interim capability earlier than formally succeeding Fitzsimons as finance chief when he stepped down as an alternative of getting back from his medical depart.  

In a web-based put up, AIG mentioned: “We lengthen our deepest sympathies to Shane’s household and buddies.”

Chair and chief government Peter Zaffino, in the meantime, posted an extended assertion, as seen beneath.

A chartered accountant from Eire, Fitzsimons got here on board AIG in 2019 and assumed the CFO function through the pandemic. Additional particulars of his passing weren’t introduced.

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