Stephen Bollenbach

Stephen Frasier Bollenbach (July 14, 1942 – October 8, 2016) was a financial manager and former CEO and CFO for many hotel-related organizations.

[2] From 1968 until 1980 Bollenbach held a series of financial management positions with the Ludwig Group and helped to oversee some of his hotel properties.

Bollenbach was chairman and chief executive officer of Southwest Savings and Loan Association[2] in Phoenix from 1980 to 1982.

[16][17] Bollenbach was the co-chairman and chief executive officer of Hilton Hotels Corporation beginning in February 1996.

Its midscale clientele, heavy on slots revenue, would provide balance to the volatility of Hilton's high-end baccarat players.

"[24]) In June of 2008, AIG fired Chief Executive Officer Martin Sullivan, replaced him with Robert Willumstad as CEO and appointed Bollenbach as "lead independent director.

"[25] Willumstad left after three months on the job and was replaced by Chairman and Chief Executive Officer Edward M. Liddy, who was dismissed by the board in May 2009. after this resignation[26] and AIG's announcement that it would name six new independent directors,[27] Bollenbach himself left in 2009 along with Martin Feldstein, James Orr, Virginia Rometty, Michael Sutton, Edmund Tse, and Ed Liddy after working on bailout.

[28] According to a Ludwig Cancer Research Center memorial, “He was an avid traveler who loved to ski, drive sports cars, golf and collect wine.

[30] At his death, he and his wife lived in East Gate Bel Air section of Los Angeles, California.

Stephen Bollenbach standing in front of Hilton Headquarters in Beverly Hills, CA in 1997.