Maurice R. Greenberg, American businessman and philanthropist

Maurice Raymond "Hank" Greenberg, born on May 4, 1925, is a prominent American business executive whose career has left an indelible mark on the global financial services industry. He is widely recognized for his extensive and influential tenure as the former chairman and chief executive officer of American International Group (AIG).

Under his leadership, AIG grew into an unparalleled global powerhouse, at one point becoming the world's 18th largest public company and establishing itself as the largest insurance and financial services corporation in history. This era cemented AIG's reputation as a dominant force across various sectors, from property-casualty insurance to life insurance and financial products worldwide.

Following his remarkable career at AIG, Greenberg continued to play a pivotal role in the financial world. He currently serves as the chairman and chief executive officer of C.V. Starr, a diversified financial services firm with deep historical ties to AIG's origins. C.V. Starr bears the name of Cornelius Vander Starr, the very founder of AIG, underscoring its foundational significance in the insurance landscape.

Greenberg's journey with C.V. Starr began much earlier. He joined the firm in 1960 as a vice president, quickly demonstrating his strategic acumen. His responsibilities expanded significantly in 1962 when he was also appointed president of American Home Assurance Company. His ascent within C.V. Starr continued, leading to his election as a director in 1965. By 1968, his leadership was formally recognized with his appointment as chairman and chief executive officer, a position he has held continuously since, showcasing his enduring commitment and influence.

Beyond C.V. Starr, Greenberg also holds the distinguished titles of chairman of the board of directors and managing director of Starr International Company Inc. Together, C.V. Starr and Starr International are collectively known as the Starr Companies, representing a formidable presence in the global financial services arena.

His profound impact and extensive network within the business world have not gone unnoticed. Crain's New York Business, a respected publication, once recognized Greenberg as the most connected business executive in New York, a testament to his far-reaching influence and long-standing relationships within the financial and corporate communities.

Frequently Asked Questions About Hank Greenberg

Who is Maurice Raymond "Hank" Greenberg?

Maurice Raymond "Hank" Greenberg, born May 4, 1925, is a highly influential American business executive best known for his long and transformative leadership as the former chairman and CEO of American International Group (AIG) and his current role as chairman and CEO of C.V. Starr.

What was Hank Greenberg's primary role at AIG?

He served as the chairman and chief executive officer of American International Group (AIG), where he played a crucial role in its growth to become the world's 18th largest public company and the largest insurance and financial services corporation in history.

What is C.V. Starr?

C.V. Starr is a diversified financial services firm, currently led by Hank Greenberg as its chairman and CEO. It is named after Cornelius Vander Starr, the founder of AIG, and has a significant historical connection to the roots of the modern insurance industry.

What are the "Starr Companies"?

The "Starr Companies" refer collectively to C.V. Starr and Starr International Company Inc., both of which Hank Greenberg holds leadership positions within. These entities represent a significant part of his ongoing involvement in the financial and insurance sectors.

When did Hank Greenberg join C.V. Starr and how long has he led it?

He joined C.V. Starr as a vice president in 1960. He was elected chairman and chief executive officer in 1968 and has continuously served in that capacity since then, marking over five decades of leadership at the helm of the firm.

Why was Hank Greenberg named the "most connected business executive in New York"?

Crain's New York Business bestowed this recognition upon him due to his extensive career spanning decades, his leadership of major global financial institutions like AIG and Starr Companies, and his deep, long-standing relationships and influence within the New York and global business communities.