AMERICAN INTERNATIONAL GROUP, INC. (NYSE:AIG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
(b) On March14, 2018, American International Group, Inc. (the “Company”) was notified by Mr.SamuelJ. Merksamer that he will not stand for reelection to the Company’s Board of Directors (the “Board”) at the Company’s 2018 Annual Meeting of Shareholders on May9, 2018 (the “2018 Annual Meeting”). Mr.Merksamer has served as a member of the Board since 2016 and he will continue to serve as a Director until the election of Directors at the 2018 Annual Meeting. The Nomination Agreement by and among High River Limited Partnership, Icahn Partners Master Fund LP, Icahn Partners LP, Carl C. Icahn, and the Company will expire to its terms 35 days following Mr. Merksamer’s departure from the Board.
About AMERICAN INTERNATIONAL GROUP, INC. (NYSE:AIG)
American International Group, Inc. (AIG) is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in over 100 countries and jurisdictions. The Company operates through two segments: Commercial Insurance and Consumer Insurance, as well as a Corporate and Other category. Commercial Insurance has three operating segments: Property Casualty, Mortgage Guaranty and Institutional Markets. Commercial Insurance segment is a provider of insurance products and services for commercial and institutional customers. Consumer Insurance also has three operating segments: Retirement, Life and Personal Insurance. Consumer Insurance is a franchise that offers a portfolio of retirement, life insurance and property casualty products through multiple distribution networks. Corporate and Other includes the Company, as well as certain legacy assets and run-off insurance businesses.
