HOUSTON, Aug. 5 /PRNewswire/ -- American General Corporation (NYSE: AGC)
today announced that Carl J. Santillo has been named senior vice president
with responsibility for several parent company departments, including
actuarial, controller, tax, and treasury. Mr. Santillo replaces Austin P.
Young, who has resigned to accept a senior management position outside the
financial services industry.
Mr. Santillo's business career includes 24 years in the financial
services industry, where he has held a broad range of corporate and operating
company senior management positions. Prior to joining American General, he
held a number of executive level positions with Nationwide Insurance
Enterprise over a ten-year period. Most recently, Santillo was senior vice
president with corporate-wide responsibility for Nationwide's life, health,
and European operations.
Santillo, 46, a native of Riverside, California, received his B.S. degree
from Harvey Mudd College in 1971 and an M.A. degree from State University of
New York, Stony Brook, in 1972. He completed the Executive Program in
Organizational Change at Stanford University. Santillo also holds the
designations of Fellow, Society of Actuaries (FSA), Member, American Academy
of Actuaries (MAAA), Chartered Life Underwriter (CLU), and Chartered
Property/Casualty Underwriter (CPCU).
American General Corporation is one of the nation's largest diversified
financial services organizations with assets of $63 billion and shareholders'
equity of $5.3 billion. Headquartered in Houston, it is a leading provider of
retirement annuities, consumer loans, and life insurance to over eight million
households. American General common stock is listed on the New York, Pacific,
London, and Swiss stock exchanges.
SOURCE American General Corporation
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CONTACT:
Robert D. Mrlik, vice president-investor
relations, 713-831-1137; or John E. Pluhowski, director-corporate
communications, 713-831-1149, both of American General
Corporation.
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