American International Group hired Jeffrey Farber as deputy CFO, which is a new position for the $77 billion insurer, and senior vice president. He reports to CFO David Herzog. Farber, 46, is joining AIG from Gamco Investors, where he served as CFO. Earlier, he was controller and senior vice president of finance at Bear Stearns and an audit partner at Deloitte & Touche. AIG also named Elizabeth Werner head of investor relations. She was formerly an analyst focused on insurance stocks, most recently at Bank of America Merrill Lynch.