Suzanne Rich Folsom: An Unsung Story of Commitment to Good Governance

Suzanne Folsom is an award-winning General Counsel, Board Member and Chief Compliance Officer with an exceptional public speaking ability and several published articles to her name. She’s also a passionate mentor who fights for diversity in the workplace, and she was recognized with the Anastasia D. Kelly Award by InsideCounsel Magazine in 2015 for her commitment to bringing women to senior leadership roles.

Previously, Suzanne Folsom served as the General Counsel, Chief Compliance Officer and SVP of Government Affairs and Global Public Policy at the iconic United States Steel Corporation. Before that, she worked with AIG (American International Group) as Chief Regulatory and Compliance Officer and Deputy General Counsel.

Alongside other women in high-level positions, Mrs. Folsom implemented regulatory and compliance processes that helped stabilize and turn around the company. Though she has received praise for her efforts at AIG from influential figures such as attorney Ty Cobb, the story of the women who helped stabilize AIG is still unknown to most.

These women faced scrutiny and pushback, but they continued to do the right thing and pull the company out of the crisis without one asset being seized.  Stasia Kelly and Paula Reynolds led the group with Suzanne Rich Folsom, Chris Mallus and others playing pivotal roles.