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 March 6, 2017, American International Group, Inc. (“AIG”) announced that Martha Gallo has been appointed Executive Vice President – Chief Information Officer of AIG. Ms. Gallo previously served as Executive Vice President and Chief Auditor of AIG. Philip Fasano, previously Executive Vice President – Chief Information Officer of AIG, separated from employment with AIG on March 2, 2017. Mr. Fasano is entitled to termination without cause benefits under the AIG 2012 Executive Severance Plan and other applicable plans as described in AIG’s 2016 Proxy Statement under the caption “Potential Payments on Termination.”
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. AMERICAN INTERNATIONAL GROUP, INC. (NYSE:AIG) Recent Trading Information
AMERICAN INTERNATIONAL GROUP, INC. (NYSE:AIG) closed its last trading session down -0.44 at 63.78 with 4,639,875 shares trading hands.