Greenberg spent 17 years at AIG and was expected to succeed his father as head of the company. But in 1995 he abruptly left his position
In 1960 Greenberg joined AIG
Jeffrey Greenberg is said to have sent out a memo (supported by his father) telling AIG senior managers, "This is an opportunity to get price increases now" (Washington Post ).
In 1987 Greenberg decided to diversify AIG by expanding the company from commercial insurance into financial services, creating AIG Financial Products.
Jeffrey W. Greenberg was born in July, 1951.
In 1988 he was made head of AIG's property-casualty division, the National Union Fire Insurance Company.
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Born: 1951.
Jeffrey Greenberg grew up in a privileged environment, but he did not want to be a stereotypical rich kid. As a teenager he took jobs pumping gas and bagging groceries.
Throughout the 1970s and 1980s Greenberg also organized or acquired various specialized entities focusing on such areas as aviation insurance, vocational.
Greenberg was a trustee of the Brookings Institution, Brown University, the Spence School in New York City, and New York Presbyterian Hospital.
Jeffrey C. Gurski has written: 'Greenberg's guide to Cadillac models and toys' -- subject(s): Cadillac automobile, Collectors and collecting, Models
In 2003 he pocketed approximately $14 million, a hefty in crease from the previous year.