Eric Martinez Jr. has been named chief executive of United Guaranty Corp., Greensboro, N.C., by parent company American International Group Inc., New York. In a statement, AIG said former president and CEO William V. (Billy) Nutt has left the company, but it did not disclose the reason. Mr. Martinez has worked with AIG since January 2009 in a variety of positions, including a leadership role at AIG Global Real Estate. For the past two months, he has led a comprehensive strategic review for UGC. Prior to joining AIG, Mr. Martinez was executive vice president — claims, customer care and business operations for Safeco Corp., Seattle.
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