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Article: Auld new head of two AIG units.(News)
- Article from:
- Investment News
- Article date:
- June 30, 2008
CopyrightCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Bruce Kelly
AIG Advisor Group, continuing to play a game of musical chairs with the executives in charge of its various broker-dealers, has replaced James Cannon with Jeffrey Auld as president and chief executive of both AIG Financial Advisors Inc. of Phoenix and American General Securities Inc. of Houston.
This is the third major change in leadership since 2006 in the AIG network, which has 7,500 affiliated reps.
Mr. Cannon left to pursue other interests, according to a statement from the firm. Mr. Auld officially joins AIG at the end of the month.
One industry observer wondered whether Mr. Auld will focus on recruiting, which ...