$110 billion American International Group has elected Dennis Dammerman to its board of directors. He also has been named to the compensation and management resources committee and the finance committee.

Dammerman is currently chairman of the board of directors of Discover Financial Services, lead director of Capmark Financial Group, and a director of BlackRock. He retired in 2005 as GE vice chairman of the board and executive officer, and as a member of the corporate executive office.