AMERICAN INTERNATIONAL GROUP, INC.


Associated tags: American International Group, International Marxist Group, Retirement, AIG, Professional Services, Insurance, NYSE, Finance

Locations: BRAND, UNITED STATES, NORTH AMERICA, NEW YORK

AIG Appoints Kelly Lafnitzegger Executive Vice President and Chief Human Resources & Diversity Officer

Retrieved on: 
Monday, April 29, 2024
Professional Services, Insurance, Human Resources, Learning, Transport, General Electric, American International Group, Acquisition, AIG, CHRO, International Marxist Group, Multimedia, Diversity, Global Research, Management

American International Group, Inc. (NYSE: AIG) today announced that Kelly Lafnitzegger will join AIG as Executive Vice President and Chief Human Resources & Diversity Officer (CHRO), effective June 1, 2024.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced that Kelly Lafnitzegger will join AIG as Executive Vice President and Chief Human Resources & Diversity Officer (CHRO), effective June 1, 2024.
  • Ms. Lafnitzegger will report to Peter Zaffino, AIG Chairman & Chief Executive Officer, and will be a part of AIG’s Executive Leadership Team.
  • Previously, Ms. Lafnitzegger held a series of human resources leadership roles in GE’s Corporate, Capital, Healthcare, Global Research, Transportation and Power divisions.
  • Ms. Lafnitzegger succeeds Rose Marie Glazer, who has served as AIG’s Chief Human Resources & Diversity Officer since January 1, 2022, and has transitioned to AIG’s General Counsel.

AIG Announces Leadership Change

Retrieved on: 
Monday, April 22, 2024
Insurance, Professional Services, American International Group, International Marxist Group, Retirement, Lexington Insurance Company, General insurance, AIG

American International Group, Inc. (NYSE: AIG) today announced that David McElroy will retire from AIG effective May 1, 2024.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced that David McElroy will retire from AIG effective May 1, 2024.
  • Mr. McElroy has agreed with AIG to accelerate his retirement date for personal reasons and will remain available to the Company.
  • Mr. McElroy joined AIG in 2018 as President and CEO of Lexington Insurance Company and was CEO of General Insurance from August 2020 to December 2023 and Chairman of General Insurance since January 1, 2024.
  • “David McElroy joined AIG at a pivotal time as we began the multi-year effort of improving our underwriting performance and refining our risk appetite,” said Peter Zaffino, AIG Chairman & Chief Executive Officer.

AIG to Report First Quarter 2024 Financial Results on May 1, 2024, and Host Conference Call on May 2

Retrieved on: 
Wednesday, April 3, 2024
Banking, Professional Services, Insurance, Finance, AIG, American International Group, International Marxist Group

American International Group, Inc. (NYSE: AIG) will report financial results for the first quarter ended March 31, 2024, after the market closes on Wednesday, May 1, 2024.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) will report financial results for the first quarter ended March 31, 2024, after the market closes on Wednesday, May 1, 2024.
  • AIG’s press release and financial supplement will be available in the Investors section of AIG’s website at https://www.aig.com .
  • AIG will also host a conference call on Thursday, May 2, 2024, at 8:30 a.m.
  • The live, listen-only webcast is open to the public and can be accessed in the Investors section of https://www.aig.com .

Chris Inglis Elected to AIG’s Board of Directors

Retrieved on: 
Wednesday, February 7, 2024
Banking, Professional Services, Insurance, Finance, Johns Hopkins University, Multimedia, Commissioner, Intelligence, Security agency, International Marxist Group, George Washington University, Engineering, Private sector, Columbia University, Air National Guard, AIG, National Intelligence University, United States Naval Academy, Defense Science Board, American International Group, Arms industry

American International Group, Inc. (NYSE: AIG) today announced that its Board of Directors has elected John (Chris) Inglis as an independent Director, effective March 1, 2024.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced that its Board of Directors has elected John (Chris) Inglis as an independent Director, effective March 1, 2024.
  • After 43 years of federal service, including 28 years at the National Security Agency and seven years as its Deputy Director, Mr. Inglis retired from the Department of Defense in January 2014.
  • "Chris Inglis is a highly accomplished leader who will provide insight and perspective based on his deep experience with cyber intelligence and advanced technology," said AIG Lead Independent Director, John G. Rice.
  • "Chris brings nearly five decades of distinguished military service as well as public and private sector leadership to AIG, and we look forward to welcoming him as our newest Board member."

AIG to Redeem its Series A Preferred Stock, Represented by Depositary Shares

Retrieved on: 
Wednesday, January 31, 2024
Insurance, Professional Services, Nature, CUSIP, International Marxist Group, Redemption, AIG, Series, American International Group, Security (finance)

American International Group, Inc. (NYSE: AIG) today announced that it will redeem all outstanding shares of its Series A 5.85% Non-Cumulative Perpetual Preferred Stock (CUSIP 026874 750 / ISIN US0268747500) (the “Series A Preferred Stock”) and all the corresponding Depositary Shares (CUSIP 026874 768 / ISIN US0268747682) (the “Depositary Shares”), each representing a 1/1,000th interest in a share of Series A Preferred Stock, on March 15, 2024 (the “Redemption Date”).

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced that it will redeem all outstanding shares of its Series A 5.85% Non-Cumulative Perpetual Preferred Stock (CUSIP 026874 750 / ISIN US0268747500) (the “Series A Preferred Stock”) and all the corresponding Depositary Shares (CUSIP 026874 768 / ISIN US0268747682) (the “Depositary Shares”), each representing a 1/1,000th interest in a share of Series A Preferred Stock, on March 15, 2024 (the “Redemption Date”).
  • As of January 31, 2024, 20,000 shares of Series A Preferred Stock and 20,000,000 Depositary Shares were outstanding.
  • This press release does not constitute a notice of redemption of the Series A Preferred Stock or the corresponding Depositary Shares.
  • Holders of the Depositary Shares should refer to the notice of redemption delivered to the registered holders of the Depositary Shares by Equiniti Trust Company, as Depositary, with respect to the Depositary Shares.

AIG to Report Fourth Quarter and Full Year 2023 Financial Results on February 13, 2024, and Host Conference Call on February 14

Retrieved on: 
Tuesday, January 16, 2024
Banking, Professional Services, Insurance, Finance, International Marxist Group, American International Group, AIG

American International Group, Inc. (NYSE: AIG) will report financial results for the fourth quarter and full year ended December 31, 2023, after the market closes on Tuesday, February 13, 2024.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) will report financial results for the fourth quarter and full year ended December 31, 2023, after the market closes on Tuesday, February 13, 2024.
  • AIG’s press release and financial supplement will be available in the Investors section of AIG’s website at https://www.aig.com .
  • AIG will also host a conference call on Wednesday, February 14, 2024, at 8:30 a.m.
  • The live, listen-only webcast is open to the public and can be accessed in the Investors section of https://www.aig.com .

AIG Announces Closing of Secondary Offering of Corebridge Financial, Inc. Common Stock

Retrieved on: 
Tuesday, December 5, 2023
Professional Services, Insurance, Finance, Sale, Corebridge Financial, American International Group, NYSE, Telephone, Attention, International Marxist Group, AIG, Prospectus, Broadridge Financial Solutions, Security (finance)

American International Group, Inc. (NYSE: AIG) today announced the closing of its secondary offering of shares of Corebridge Financial, Inc. (NYSE: CRBG) common stock.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced the closing of its secondary offering of shares of Corebridge Financial, Inc. (NYSE: CRBG) common stock.
  • AIG, as the selling stockholder, sold 35 million existing shares of common stock (out of approximately 630 million total shares of common stock outstanding) of Corebridge at a public offering price of $20.50 per share, which included a 30-day option to the underwriter to purchase up to an additional 5.25 million shares.
  • The proceeds of the offering to AIG, after deducting underwriting discounts and commissions and other expenses payable by AIG, were approximately $712 million.
  • The offering of common stock was made only by means of a prospectus and an accompanying prospectus supplement.

Jimmy Dunne Elected to AIG’s Board of Directors

Retrieved on: 
Monday, December 4, 2023
Consulting, Asset Management, Professional Services, Insurance, NYSE, Senior, Multimedia, International Marxist Group, American International Group, Partner, AIG, Sandler O'Neill and Partners, Trustee, University, Policy, Management

American International Group (NYSE: AIG) today announced that its Board of Directors has elected James (Jimmy) Dunne III as an independent Director, effective December 1, 2023.

Key Points: 
  • American International Group (NYSE: AIG) today announced that its Board of Directors has elected James (Jimmy) Dunne III as an independent Director, effective December 1, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20231204513027/en/
    Peter Zaffino, Chairman & CEO, AIG, stated: “We are delighted to have someone of Jimmy’s caliber join the AIG Board.
  • Mr. Dunne graduated from the University of Notre Dame and is a member on its Board of Trustees.
  • He also currently serves as a board member of Chime Financial, Inc. and the PGA Tour Policy Board.