AIG alum to chair Direct General board

The private-equity firms that own locally based auto insurer Direct General have recruited Bob Sandler, a 40-year veteran of American International Group, to be the company's non-executive chairman. Sandler retired from AIG in April 2008 as executive vice president of domestic personal lines. He raised some eyebrows soon after when he paid cash for a Central Park pad.

Largest Iasis investor adds to board presence

TPG, the private-equity firm that controls more than 70 percent of Iasis Healthcare, has appointed Greg Kranias, one of its principals, to the hospital chain's board. The move lifts to eight the number of TPG designees on the board. Fellow investor JLL chose the remaining two.