Thomas Russo has joined AIG as general counsel and vice president of legal, compliance, regulatory and government affairs. Russo is the former general counsel of Lehman Brothers who most recently served as general counsel at Patton Boggs.
Russo was offered the job at AIG earlier this month. He arrived at Patton Boggs following Lehman’s bankruptcy in 2008. AIG was saved from collapse by a $180 billion bailout from the federal government.
“I am excited to participate in a process at AIG to both repay the funds owed the U.S. taxpayers and to continue to have a company in which all employees and stakeholders will be proud,” Russo said in a statement.
AIG is an insurance and financial services provider with operations in 130 countries and jurisdictions.