American International Group (AIG) and International Lease Finance Corporation (ILFC) have announced that John Plueger will retire and ILFC vice chairman and chief financial officer (CFO) Alan Lund will succeed Plueger as ILFC’s interim president and chief executive officer (CEO). AIG expects a smooth transition as AIG conducts a search for a permanent successor. In addition, ILFC senior vice president-finance Fred Cromer will succeed Lund as ILFC CFO.
Lund has worked at ILFC for 28 years, the entire time as CFO, and has served as vice chairman and CFO since 2002. Prior to joining ILFC, he worked for the company currently known as Deloitte & Touche as an audit manager and for California-World Financial Corporation as vice president and CFO. Lund graduated from Whittier College in 1971 with a BA in Business Administration. He became a certified public accountant (CPA), State of California, in 1973.
Prior to joining ILFC in July 2008, Cromer spent 17 years in various airline finance and planning positions at ExpressJet Airlines, Continental Airlines, and Northwest Airlines. Most recently, he served as vice president and CFO of ExpressJet Airlines. Cromer received a BA in Economics from the University of Michigan and a MBA in Finance from DePaul University.
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