Business Chief USA – August 2019

(Nora) #1
Brian Duperreault
AIG

Brian Duperreault is the highest-paid CEO in the US, with
a total compensation of $43.1mn. Duperreault has spent
the entirety of his career within the insurance industry.
He started at AIG as an actuary in 1973, before working
his way up the ranks, but left when it seemed unlikely
that his predecessor Hank Greenberg would retire.
Duperreault himself retired in 2006 but was enlisted by
Marsh & McLennan Companies to return to the industry
in 2008 to rebuild the company following its 2004
bid-rigging scandal. His second retirement in 2012 was
short-lived, as his interest in data-analytics inspired him
to create Hamilton Insurance Group, in Bermuda during
December 2013. He was called back to AIG in 2017 to
assist in the rebuilding of the company, which had been
underperforming since the 2008 recession. He trans-
formed AIG, building its revenue to $52.3bn. He has won
a vast number of awards and honours and is currently
a member of the Wall Street Journal CEO Council.


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