American International Group Inc. (AIG: Quote) said it appointed Laurette Koellner to the newly created role of Executive Chairman of International Lease Finance Corporation or ILFC.
In this role, Koellner becomes the most senior executive officer of ILFC and reports to Robert Benmosche, AIG President and Chief Executive Officer. Henri Courpron, ILFC's Chief Executive Officer, now reports to Koellner.
Koellner has been serving as an independent director of AIG since June 2009. In her last executive role, Koellner served as President of Boeing International, a division of The Boeing Company, where she served in a variety of financial and business leadership roles from 1997 until 2008, including as a member of the Office of the Chairman and Boeing's Chief Administration and Human Resources Officer. Before that, Koellner spent 19 years at McDonnell Douglas Corp.
The company said that Koellner's appointment follows a review begun when AIG received an anonymous complaint alleging the existence of a personal relationship between Courpron and an ILFC employee under his supervision. In the course of AIG's review, Courpron and the employee each acknowledged that they had engaged in a voluntary relationship that had ended. The complaint further alleged that the relationship resulted in improper use of company assets and inappropriate personnel decisions.
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by RTT Staff Writer
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