Robert Benmosche
Encyclopedia
Robert H. Benmosche is the chief executive officer of American International Group
.
in 1995. In 1998 he rose to the rank of CEO, a position in which he served until retiring in 2006. During his tenure, he oversaw MetLife's successful transition from mutual company to publicly traded firm. After being a member of the board of Credit Suisse AG
for seven years, Benmosche resigned in August 2009.
In mid-2009, Benmosche was appointed CEO of American International Group. He assumed that role on August 10 of that year. During his first meeting with employees, Benmosche stated that Congress was composed of "crazies," that he would not cooperate if asked to testify before Congress, and that New York Attorney General Andrew Cuomo
, who had investigated AIG, "doesn't deserve to be in government." He later asked for a personal private jet
and said that he might quit over government-imposed pay restrictions.
Mr Benmosche went on to be named 42nd in the list of Fortune top 50 business leaders of 2010 and also was named executive of the year by The New York Times DealBook/ Andrew Ross Sorkin for 2010.
American International Group
American International Group, Inc. or AIG is an American multinational insurance corporation. Its corporate headquarters is located in the American International Building in New York City. The British headquarters office is on Fenchurch Street in London, continental Europe operations are based in...
.
Early life
Benmosche was born in Brooklyn, New York. Benmosche's ancestors were Jews originally from Lithuania and Poland.Career
Benmosche joined the Metropolitan Life Insurance CompanyMetropolitan Life Insurance Company
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company, or MetLife, for short, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with 90 million customers in over 60 countries...
in 1995. In 1998 he rose to the rank of CEO, a position in which he served until retiring in 2006. During his tenure, he oversaw MetLife's successful transition from mutual company to publicly traded firm. After being a member of the board of Credit Suisse AG
Credit Suisse
The Credit Suisse Group AG is a Swiss multinational financial services company headquartered in Zurich, with more than 250 branches in Switzerland and operations in more than 50 countries.-History:...
for seven years, Benmosche resigned in August 2009.
In mid-2009, Benmosche was appointed CEO of American International Group. He assumed that role on August 10 of that year. During his first meeting with employees, Benmosche stated that Congress was composed of "crazies," that he would not cooperate if asked to testify before Congress, and that New York Attorney General Andrew Cuomo
Andrew Cuomo
Andrew Mark Cuomo is the 56th and current Governor of New York, having assumed office on January 1, 2011. A member of the Democratic Party, he was the 64th New York State Attorney General, and was the 11th United States Secretary of Housing and Urban Development...
, who had investigated AIG, "doesn't deserve to be in government." He later asked for a personal private jet
Business jet
Business jet, private jet or, colloquially, bizjet is a term describing a jet aircraft, usually of smaller size, designed for transporting groups of up to 19 business people or wealthy individuals...
and said that he might quit over government-imposed pay restrictions.
Mr Benmosche went on to be named 42nd in the list of Fortune top 50 business leaders of 2010 and also was named executive of the year by The New York Times DealBook/ Andrew Ross Sorkin for 2010.
Career highlights
- AIGAIGAIG is American International Group, a major American insurance corporation.AIG may also refer to:* And-inverter graph, a concept in computer theory* Answers in Genesis, a creationist organization in the U.S.* Arta Industrial Group in Iran...
, CEO from 2009 to Present - Metropolitan Life, CEO from 1998–2006
- Metropolitan Life, President from 1997–2004
- Metropolitan Life, EVP Individual Business from 1995–1997
- Paine WebberPaine WebberPaine Webber and Company was an American stock brokerage and asset management firm that was acquired by the Swiss bank UBS AG in 2000. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. Webber. Operating with two employees, they leased premises at 48...
, EVP and Director of Securities Operations from 1989–1995 - Paine Webber, CFO Retail Business from 1986–1987
- Paine Webber, Senior VP Marketing from 1984–1986
- Chase Manhattan Bank, VP Technology from 1979–1982
- Arthur D. LittleArthur D. LittleArthur D. Little is an international management consulting firm originally headquartered in Boston, Massachusetts, United States, and formally incorporated by that name in 1909 by Arthur Dehon Little, an MIT chemist who had discovered acetate. Arthur D. Little pioneered the concept of contracted...
, Staff Consultant from 1966–1975