Edward "Ed" Liddy (born January 28, 1946) is an American businessman who was chairman of the Allstate Corporation from 1999 to 2008.
[1][2][3] In September 2008, at the request of the secretary of the U.S. Department of the Treasury, Liddy agreed to serve as interim chairman and chief executive officer of American International Group, Inc.
Upon the sale of Searle to Monsanto, he served from 1986 to 1988 as executive vice president and a member of the board of directors of ADT, Inc.[9] Upon the sale of ADT, Liddy joined Sears in April 1988 and served in a variety of financial and senior operating roles before being named chief financial officer in February 1992.
[10] He led the 1993 initial public offerings of Dean Witter/Discover and Allstate, two of the largest ever IPOs at that time.
[14] In September 2008, at the request of the Secretary of the U.S. Department of the Treasury, Liddy agreed to serve as interim chairman and chief executive officer of American International Group, Inc.
[23] By December 2012, AIG had fully repaid the entire $182 billion, plus required interest, invested in the company by the government.
[24] Liddy served as a partner in the private equity investment firm Clayton, Dubilier & Rice, LLC from April to September 2008 and from January 2010 to December 2015.
[3] Liddy serves on the board of directors of Abbott Laboratories,[25] AbbVie Inc.[26] and the Forum Club of Southwest Florida.