Former Hilton CEO Joins AIG’s Board

Stephen F. Bollenbach, former CEO of Hilton Hotels Corp., has been elected to the board of directors of American International Group.

Bollenbach, 65, has also served as a CFO of the Walt Disney Co. and CEO of Host Marriott Corp., and CFO of the Trump Organization.

He is a director of several other corporations, Harrah’s Entertainment Inc., Time Warner Inc., Macy’s Inc. and KB Home, where he is chairman of the board. He also serves as a member of the board of directors of Teach for America and Los Angeles World Affairs Council.

Martin J. Sullivan, AIG president and CEO, said “few business leaders have (Bollenbach’s) experience in managing complex global businesses. We know he will provide valuable insights as AIG continues to build its franchise around the world.”

Source: AIG