Ed Liddy

Ed Liddy
Born (1946-01-28) January 28, 1946 (age 78)
New Brunswick, New Jersey, U.S.
EducationB.A., Catholic University of America - 1968
MBA, George Washington University - 1972
Known forClayton, Dubilier & Rice (2008, 2010-2015) - partner;
AIG (2008-2009) - interim chairman & CEO;
The Allstate Corp. (1994-2008), chairman and CEO (1999-2006);
Sears, Roebuck & Co (1988-1994), CFO (1992-1994)
Board member ofAbbott Laboratories, AbbVie Inc. and the Forum Club of Southwest Florida

Edward "Ed" Liddy (born January 28, 1946) is an American businessman who was chairman of the Allstate Corporation from 1999 to 2008.[1][2][3]

In September 2008, at the request of the secretary of the U.S. Department of the Treasury, Liddy agreed to serve as interim chairman and chief executive officer of American International Group, Inc. (AIG).[4][5] His placement in the role was one of numerous government actions to provide stability to U.S. financial firms during the 2007–2008 financial crisis. Liddy requested a salary of just $1 a year.[6]

  1. ^ "Board of Directors: Edward M. Liddy". 3M. Archived from the original on 2016-01-19. Retrieved 2011-09-19.
  2. ^ "Corporate Governance: Board of Directors". Boeing. Retrieved 2011-09-19.
  3. ^ "Edward M. Liddy Executive Profile". Bloomberg. Retrieved 2017-08-24.
  4. ^ Bell, Debra (2009-03-18). "10 Things You Didn't Know About AIG CEO Edward Liddy". US News. Retrieved 2011-09-20.
  5. ^ Eisenberg, Carol (2008-09-18), Former Allstate Chairman Edward Liddy tapped (again) by Paulson, Muckety, archived from the original on 2009-03-22, retrieved 2009-03-27
  6. ^ Grace, Kerry E. (2008-11-26). "AIG Says CEO Pay Will Be $1". The Wall Street Journal. p. C2.