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AIG names Peter Solmssen EVP and general counsel

Peter SolmssenAmerican International Group, Inc., an insurance organization, announced that Peter Y. Solmssen will join AIG as executive vice president and general counsel on October 18, 2016.

Mr. Solmssen will also serve as a member of AIG’s Executive Leadership Team, and participate in all strategic and policy decisions affecting the company’s operations.

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Mr. Solmssen previously served as General Counsel and Head of Corporate, Legal and Compliance for Siemens AG, and served as a member of its Managing Board with responsibility for Siemens’ businesses in the Americas.

Mr. Solmssen joined Siemens AG as General Counsel in 2007. He was previously Executive Vice President & General Counsel at GE Healthcare.

Mr. Solmssen joined GE Healthcare as Vice President and General Counsel in November 2002.

Before joining GE Healthcare, he was Vice President and General Counsel of GE Advanced Materials (formerly GE Plastics) from December 1999 until November 2002.

Before joining GE, he was a senior partner in the law firm Morgan, Lewis & Bockius, where he was a leader in the firm's international and corporate practice.

Mr. Solmssen received his A.B. in history and literature from Harvard University, was a Knox Fellow at Oxford University, and received his law degree from the University of Pennsylvania, where he was articles editor of the law review.

After law school he served as a law clerk for the Honorable Clarence C. Newcomer in the Federal District Court for the Eastern District of Pennsylvania.

He succeeds Thomas Russo, who is retiring.

Mr. Russo has served as Executive Vice President and General Counsel, Legal, Compliance and Regulatory since 2010. He was formerly Vice Chairman and Chief Legal Officer of Lehman Brothers.

Prior to this, he was a senior partner of Cadwalader, Wickersham & Taft, following his role as the first director of the division of Trading and Markets of the Commodity Futures Trading Commission.




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