ILFC Names Fred Cromer President

International Lease Finance Corporation, a wholly-owned subsidiary of American International Group, Inc. AIG, announced today the promotions of Fred Cromer to President and Philip Scruggs to Executive Vice President. The company also announced that Alan Lund, who has served as Vice Chairman and President, has retired as President but will remain as Vice Chairman and member of the company's board of directors. ILFC Chief Executive Officer, Henri Courpron commented, “Fred has significant experience in commercial aviation and demonstrated success and expertise in ILFC's aircraft financing. His leadership and ability to successfully adapt our business through challenging economic times will contribute greatly to ILFC's strategic future in the industry.”