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Form 8-K · Current Report · Filed 2024-04-22

AIG Announces Retirement of Executive Vice President and Chairman

On April 17, 2024, David McElroy, Executive Vice President and Chairman of General Insurance at American International Group, Inc., agreed to retire effective May 1, 2024.

Filer
American International Group Inc. AIG · NYSE
Filed
Accession
0000005272-24-000040
CIK
0000005272
Signal
High impactFinancial Services

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Key Executive Departure

Market reaction

Close before filing

$74.23

Next session

+0.9%

Since filing

+5.9%

Latest close

$78.58

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from AIG reporting the same item, with the next session's move:

About American International Group Inc.

American International Group Inc. is a prominent multinational finance and insurance corporation. Its primary function is to provide a wide array of insurance products and services to clients globally. These offerings include general property and casualty insurance, life insurance, retirement solutions, and other financial services. AIG plays a critical role in the financial market by offering risk management solutions and safeguarding assets for both individuals and businesses. Operating across numerous sectors such as commercial, financial institutions, and personal insurance markets, AIG holds a significant presence in the global insurance landscape. The company is known for tailored products designed to meet diverse customer needs, ranging from small businesses to major corporations. Its broad market reach and longstanding industry experience make it a key player in driving insurance innovation and providing financial security. Founded in 1919 and headquartered in New York City, AIG continues to influence the financial market through strategic leadership and adaptation to changing financial and regulatory environments, consistently working towards strengthening its market position through technological advancements and sustainable practices.

Exchange NYSE Industry Insurance - Diversified Company website ↗

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