Form 8-K · Current report
American International Group 8-K, filed Sep 2, 2026
- Filed
- CIK
- 0000005272
- Accession no.
- 0000005272-26-000088
Summary
Peter Zaffino will step down as Executive Chair and a member of American International Group's board effective September 15, 2026, and will become a Senior Advisor to the CEO; the board elected Lead Independent Director John Rice, a director since March 2022, as Chair. AIG said Zaffino's resignation is not due to any disagreement with the company, its management or the board, and an amendment to his employment agreement confirms his compensation is unchanged by the transition.
Key points
- AIG announced Zaffino's departure from the board and Rice's election as Chair on September 2, 2026, both effective September 15, 2026.
- Zaffino said he will continue to support AIG's leadership transition as Senior Advisor, working with the board and President & CEO Eric Andersen.
- Rice called Zaffino's tenure one in which AIG strengthened its competitive position and created long-term shareholder value, and said he will work with Andersen and the leadership team on the company's strategic priorities.
- Rice served as Lead Independent Director since January 2023, was previously Non-Executive Chairman of GE Gas Power and retired from General Electric as Vice Chairman in 2018, and serves on Baker Hughes' board.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
- 9.01Financial Statements and Exhibits
From the filing
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 1, 2026, Peter Zaffino notified the American International Group, Inc. (the “Company”) Board of Directors (the “Board”) that he will step down as Executive Chair and a member of the Board, effective September 15, 2026 (the “Transition Date”). On the Transition Date, Mr. Zaffino will become a Senior Advisor to the CEO of the Company, and John Rice, the Company’s Lead Independent Director, will become Chair of the Board. Mr. …
An excerpt of the text as filed with the SEC, cut for length.
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