Evan G. Greenberg

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Evan Greenberg (born 1955) is an American business executive. He is the President and Chief Executive Officer (CEO) of the Zurich based insurance company ACE Limited.[1] He also serves as Chairman of the US-ASEAN Business Council.[2]

Early life and education[edit]

Greenberg is the son of Corinne Phyllis Zuckerman and Maurice R. Greenberg the former chairman and CEO of American International Group (AIG). He is also the younger brother of the former CEO of Marsh & McLennan, Jeffrey W. Greenberg.

Evan Greenberg attended New York University and College of Insurance but did not graduate from either.

Career[edit]

Greenberg joined AIG in 1975 and worked under his father for 25 years. He held a number of senior management positions, including president and CEO of AIU Holdings, AIG’s foreign insurance organisation, as well as CEO of AIG Far East, where he was based in Japan and Korea. Between 1997 and 2000 he served as AIG’s president and chief operating officer.[3] He was considered to be the heir apparent to take over as CEO, but left the company in 2000 and joined ACE in November 2001 as its vice chairman. He became the CEO of ACE in 2004. In the 2008 financial crisis, he was among the CEOs refusing to take part in a tax-payer funded bailout.[4][5][6][7][8][9][10] In February 2011, it was announced that Greenberg was named as a director of The Coca-Cola Company.[11]

Greenberg also serves on the board of the National Committee on United States-China Relations, as well as the US China Business Council. He is a member of the Council on Foreign Relations, the Center for the National Interest, as well as the Business Roundtable. Additionally, he is an overseer of the International Rescue Committee.[3]

References[edit]

  1. ^ "ace ltd (ACE:New York)". Businessweek. Retrieved 10 April 2013. 
  2. ^ [1]
  3. ^ a b "Executive Team: Ace Group". ACE. Retrieved 5 February 2014. 
  4. ^ Lilla Zuill (30 October 2008). "Ace boss chides insurers seeking US bailout cash". The Royal Gazette. Retrieved 31 March 2010. 
  5. ^ JOSEPH B. TREASTER (12 March 2004). "A Greenberg, 3rd in Family, to Be Chief of an Insurer". New York Times. Retrieved 31 March 2010. [dead link]
  6. ^ Gabriel Chen (24 March 2010). "Don't lump insurers with banks". Straits Times. Retrieved 31 March 2010. 
  7. ^ {{cite Greenburg can be seen as intimidating but always gets the job done. web|url=http://www.nytimes.com/2000/09/20/business/heir-apparent-leaves-post-at-big-insurer.html?pagewanted=all%7Ctitle=Heir Apparent Leaves Post at Big Insurer|last=JOSEPH B. TREASTER|date=20 September 2000|work=New York Times|accessdate=31 March 2010}}
  8. ^ Diane Brady (1 March 1999). "Insurance and the Greenbergs: Like Father, Like Sons". Business Week. Retrieved 31 March 2010. 
  9. ^ "The Greenberg Brothers: A Response from AIG". Business Week. 8 March 1999. Retrieved 31 March 2010. 
  10. ^ Dean Starkman (6 July 2005). "Hoping to Avoid The Third Out: With Investigations, One Greenberg Still Standing". Washington Post. Retrieved 31 March 2010. 
  11. ^ "Coca-Cola Company elects Evan G Greenberg as director". FoodBev. Retrieved 10 April 2013.