Industry veteran will lead employee training and development, head
AIG Financial Distributors University
LOS ANGELES--(BUSINESS WIRE)--Jul. 8, 2014--
AIG Financial Distributors, the sales and distribution arm of American
International Group’s (NYSE: AIG) Life and Retirement business,
announced today that it has appointed John D. Stout Senior Vice
President, Sales Training and Development, effective immediately. In the
newly created position, Mr. Stout will launch and lead AIG Financial
Distributors University, implementing strategies to develop current
sales professionals and also train future generations of financial
advisors and agents. He will report directly to Steve Maginn, President
and CEO, AIG Financial Distributors.
“John is an accomplished industry veteran, bringing nearly 30 years of
experience in the life, annuity and health arena,” said Mr. Maginn. “His
breadth of expertise and demonstrated track record of success in talent
selection and employee development will be tremendous assets to us, and
will contribute greatly to AIG Financial Distributors’ goal of becoming
an organization that not only provides unique opportunities for growth
and development of current talent, but also an organization that is
committed to identifying the next generation of financial services
professionals.”
After earning an M.A. and Ph.D. in industrial and organizational
psychology from the University of Houston, Mr. Stout served in a series
of increasingly important executive positions at LIMRA International,
MetLife, Foresters, and Futurity Insurance Group. His responsibilities
spanned organizational, leadership, management, and sales force
development. Most recently Mr. Stout headed JD Stout Consulting, LLC,
providing comprehensive consulting services for life and annuity
companies.
“John will put into motion our vision to further develop the most
knowledgeable and best-trained team in the industry,” continued Mr.
Maginn. “This is a real competitive advantage for AIG, one that greatly
benefits our distribution partners and customers, and is key to
fulfilling our mission to be the premier provider of protection,
investment and income solutions needed for financial and retirement
security.”
“We look forward to working toward attracting, training, and developing
the best sales team in the industry,” said Mr. Stout. “AIG’s tremendous
strength and scale provides a great foundation to accomplish this and so
much more.”
American International Group, Inc. (AIG) is a leading international
insurance organization serving customers in more than 130 countries and
jurisdictions. AIG companies serve commercial, institutional, and
individual customers through one of the most extensive worldwide
property-casualty networks of any insurer. In addition, AIG companies
are leading providers of life insurance and retirement services in the
United States. AIG common stock is listed on the New York Stock Exchange
and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com
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AIG is the marketing name for the worldwide property-casualty, life and
retirement, and general insurance operations of American International
Group, Inc. For additional information, please visit our website at www.aig.com.
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 coverage is subject to 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.
Source: American International Group, Inc.
AIG
Linda Malamut, 310-772-6533
Linda.Malamut@aig.com