American International Group Inc.
AIG Appoints Keith Walsh as New Chief Financial Officer
Summary
American International Group, Inc. (AIG) announced on September 18, 2024, that Keith Walsh will join the company as Executive Vice President and Chief Financial Officer, effective October 21, 2024. Mr. Walsh, previously CFO of Marsh, a subsidiary of Marsh & McLennan Companies, brings over 25 years of finance leadership experience to AIG. He will be responsible for leading AIG's global Finance organization. The current CFO, Sabra Purtill, will transition to working on strategic projects and advising Mr. Walsh. Mr. Walsh's compensation includes a base salary of $1,000,000 per year, a target annual cash bonus of $1,500,000, and equity awards totaling $2,500,000.
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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.
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