Maurice Greenberg

Maurice Raymond "Hank" Greenberg (born May 4, 1925 in New York ) is an American manager .

He was Chairman and CEO of the American insurance company AIG until 2005, after which he became Chairman and CEO of CV Starr and Company , a financial services group named after AIG founder Cornelius Vander Starr . Greenberg has been married to Corinne Phyllis Zuckerman since 1950 and has four children with her. His parents are Jacob Greenberg and Ada Greenberg, geb. Rheingold. Among his children are Jeffrey W. Greenberg and Evan G. Greenberg, with whom he still dominates a large part of the American insurance industry to this day.

Life

Maurice Greenberg served in the United States Army during the Second World War and took part in the landing in Normandy and the liberation of the Dachau concentration camp . He was awarded the Bronze Star .

He studied law at the University of Miami and the New York Law School, where he graduated in 1950 ( LLB ). He then took part in the Korean War , where he reached the rank of captain as a member of the Judge Advocate General's Corps . In 1953 he was admitted to the bar in New York.

With AIG since the early 1960s, he was chosen as his successor by Cornelius Vander Starr in 1968. Greenberg stayed on as head of the company until 2005, when he was forced to resign from Martin J. Sullivan in the midst of violent financial scandals (including allegations of balance sheet cosmetics and fraud brought forward by Eliot Spitzer ; a government injection of USD 152 billion) was replaced.

Criminal charges against Greenberg all turned out to be unfounded, but the civil law disputes continue to a considerable extent to the present.

In the 1980s, due to his international expertise, the Reagan administration offered him deputy head of the CIA , which he refused. From 1998 to 2005, he was also a senior member of the US advisory boards for Hong Kong . In addition, he held and continues to hold other important mandates in corporate management, humanitarian organizations and relevant advisory bodies.

Greenberg is friends with Henry Kissinger , whose advisory services he also used on business for various countries, especially in Asia. He owes his nickname "Hank" to a baseball player of the 1930s, Hank Greenberg .

literature

• Fallen Giant: The Amazing Story of Hank Greenberg and the History of AIG. 2006.