Ed Liddy | |
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Born | |
Education | B.A., Catholic University of America - 1968 MBA, George Washington University - 1972 |
Known for | Clayton, 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 of | Abbott 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]