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American International Group Management

Management criteria checks 1/4

American International Group's CEO is Peter Zaffino, appointed in Jan 2020, has a tenure of 3.67 years. total yearly compensation is $75.31M, comprised of 2.1% salary and 97.9% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth CHF16.30M. The average tenure of the management team and the board of directors is 3.1 years and 2.7 years respectively.

Key information

Peter Zaffino

Chief executive officer

US$75.3m

Total compensation

CEO salary percentage	2.1%
CEO tenure	3.7yrs
CEO ownership	0.04%
Management average tenure	3.1yrs
Board average tenure	2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Zaffino's remuneration changed compared to American International Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2023	n/a	n/a	US$5b
Mar 31 2023	n/a	n/a	US$6b
Dec 31 2022	US$75m	US$2m	US$10b
Sep 30 2022	n/a	n/a	US$13b
Jun 30 2022	n/a	n/a	US$12b
Mar 31 2022	n/a	n/a	US$10b
Dec 31 2021	US$22m	US$1m	US$9b
Sep 30 2021	n/a	n/a	US$6b
Jun 30 2021	n/a	n/a	US$4b
Mar 31 2021	n/a	n/a	-US$4b
Dec 31 2020	US$24m	US$1m	-US$6b
Sep 30 2020	n/a	n/a	-US$5b
Jun 30 2020	n/a	n/a	-US$5b
Mar 31 2020	n/a	n/a	US$4b
Dec 31 2019	US$18m	US$1m	US$3b
Sep 30 2019	n/a	n/a	US$2b
Jun 30 2019	n/a	n/a	-US$83m
Mar 31 2019	n/a	n/a	-US$249m
Dec 31 2018	US$13m	US$1m	US$36m
Sep 30 2018	n/a	n/a	-US$6b
Jun 30 2018	n/a	n/a	-US$7b
Mar 31 2018	n/a	n/a	-US$6b
Dec 31 2017	US$18m	US$553k	-US$6b

Compensation vs Market: Peter's total compensation ($USD75.31M) is above average for companies of similar size in the Swiss market ($USD5.74M).

Compensation vs Earnings: Peter's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Peter Zaffino (56 yo)

3.7yrs

Tenure

US$75,314,199

Compensation

Mr. Peter Salvatore Zaffino serves as Chairman at American International Group, Inc. since January 01, 2022, President since January 1, 2020 and has been its Chief Executive Officer since March 1, 2021 and...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Peter Zaffino	Chairman	3.7yrs	US$75.31m	0.043% $ 16.3m
Luciana Fato	Executive VP	5.9yrs	US$10.60m	0.018% $ 6.7m
David McElroy	Executive VP & CEO of General Insurance	3.1yrs	US$9.30m	0.015% $ 5.6m
Kevin Hogan	President & CEO of Corebridge Financial	no data	US$8.88m	0.031% $ 11.7m
Sabra Purtill	Executive VP & CFO	less than a year	no data	0.00095% $ 356.1k
Claude Wade	Executive VP	2.7yrs	no data	0.00092% $ 344.8k
Elaine Rocha	Global Chief Investment Officer	1.9yrs	no data	no data
Kathleen Carbone	VP & Chief Accounting Officer	1.5yrs	no data	0% $ 0
John Repko	Executive VP & Chief Information Officer	5yrs	no data	0.0066% $ 2.5m
Quentin McMillan	VP, MD & Head of Investor Relations	2.3yrs	no data	no data
Karen Nelson	Chief Compliance Officer	13.7yrs	no data	no data
David May	Chief Marketing Officer	10yrs	no data	no data

3.1yrs

Average Tenure

57yo

Average Age

Experienced Management: AIG's management team is considered experienced (3.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Zaffino	Chairman	2.9yrs	US$75.31m	0.043% $ 16.3m
Diana Murphy	Independent Director	less than a year	no data	no data
John Rice	Lead Independent Director	1.5yrs	US$140.10k	0.0014% $ 524.7k
Wyllie Cornwell	Independent Director	12.3yrs	US$319.97k	0% $ 0
Vanessa Wittman	Independent Director	less than a year	no data	no data
Peter Porrino	Independent Director	4.3yrs	US$349.97k	0% $ 0
Therese Vaughan	Independent Director	4.3yrs	US$309.97k	0.00014% $ 52.5k
Linda Mills	Independent Director	8.2yrs	US$349.97k	0% $ 0
James Cole	Independent Director	2.5yrs	US$309.97k	0% $ 0
Paola Bergamaschi	Independent Director	less than a year	US$92.12k	0% $ 0

2.7yrs

Average Tenure

66yo

Average Age

Experienced Board: AIG's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

This company listing is no longer active

American International Group Management

Management criteria checks 1/4

Key information

Recent management updates

American International Group, Inc. Announces Management Changes, Effective on October 1, 2023

American International Group, Inc. Appoints Christopher Schaper as Global Chief Underwriting Officer

American International Group, Inc. Announces Management Changes

High number of new directors

American International Group, Inc. Announces Executive Changes

Thomas F. Motamed to Retire as Board of Director of American International Group, Inc

Recent updates

American International Group, Inc. Announces Management Changes, Effective on October 1, 2023

Second quarter 2023 earnings released: EPS: US$2.05 (vs US$3.83 in 2Q 2022)

American International Group, Inc. Declares Quarterly Cash Dividend, Payable on September 29, 2023

American International Group, Inc. Appoints Christopher Schaper as Global Chief Underwriting Officer

American International Group, Inc. to Report Q2, 2023 Results on Aug 01, 2023

American Financial Group, Inc. (NYSE:AFG) completed the acquisition of Crop Risk Services, Inc. from American International Group, Inc. (NYSE:AIG).

American International Group, Inc. Announces Management Changes

Upcoming dividend of US$0.36 per share at 2.5% yield

RenaissanceRe Holdings Ltd. (NYSE:RNR) entered into a stock purchase agreement to acquire Validus Holdings, Ltd., Validus Specialty, Inc. and renewal rights, records and customer relationships of Talbot Holdings Ltd. from American International Group, Inc. (NYSE:AIG) for $3 billion.

First quarter 2023 earnings released: EPS: US$0.031 (vs US$5.21 in 1Q 2022)

American International Group, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2023

American Financial Group, Inc. (NYSE:AFG) entered into a definitive agreement to acquire Crop Risk Services, Inc. from American International Group, Inc. (NYSE:AIG) for $240 million.

High number of new directors

Upcoming dividend of US$0.32 per share at 2.3% yield

Full year 2022 earnings released: EPS: US$13.16 (vs US$10.96 in FY 2021)

American International Group, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on March 31, 2023

American International Group, Inc. Announces Executive Changes

Thomas F. Motamed to Retire as Board of Director of American International Group, Inc

American International Group, Inc. to Report Q4, 2022 Results on Feb 15, 2023

American International Group, Inc. Announces Shane Fitzsimons, Executive Vice President to Take Temporary Medical Leave of Absence

American International Group, Inc. Appoints Don Bailey as Global Head of Distribution and Field Operations

Upcoming dividend of US$0.32 per share

American International Group, Inc. Announces Board Changes

Third quarter 2022 earnings released: EPS: US$3.54 (vs US$1.95 in 3Q 2021)

American International Group, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on December 29, 2022

American International Group, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Upcoming dividend of US$0.32 per share

American International Group, Inc. has filed an IPO in the amount of $3.84 billion.

American International Group, Inc. has filed an IPO in the amount of $3.84 billion.

Executive VP recently sold CHF887k worth of stock

Second quarter 2022 earnings released: EPS: US$3.83 (vs US$0.10 in 2Q 2021)

American International Group, Inc. Announces That Charlie Fry Has Been Named Executive Vice President, Reinsurance Purchasing and Risk Capital Optimization

American International Group, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Upcoming dividend of US$0.32 per share

High number of new directors

First quarter 2022 earnings released: EPS: US$5.21 (vs US$4.46 in 1Q 2021)

American International Group, Inc. Announces Executive Changes

American International Group, Inc. Announces Executive Changes

American International Group, Inc. to Report Q1, 2022 Results on May 03, 2022

AIG Retirement Services Launches FutureFIT Wellness Check, a New Financial Wellness Assessment Tool Connecting Retirement Plan Participants with Action Plans

American International Group, Inc., Annual General Meeting, May 11, 2022

American International Group, Inc., Annual General Meeting, May 11, 2022

Upcoming dividend of US$0.32 per share

Insider recently sold CHF436k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

American International Group, Inc. Declares Quarterly Cash Dividend on its Common Stock, Payable on March 31, 2022

Fortitude Group Holdings, LLC acquired Fortitude Life & Annuity Solutions, Inc. and Fortitude P&C Solutions, Inc. from American International Group, Inc. (NYSE:AIG).

Fortitude Group Holdings, LLC acquired Fortitude Life & Annuity Solutions, Inc. and Fortitude P&C Solutions, Inc. from American International Group, Inc. (NYSE:AIG).

Blackstone Real Estate Income Trust, Inc. completed the acquisition of portfolio of equity and debt interests in affordable housing properties from American International Group, Inc. (NYSE:AIG).

Upcoming dividend of US$0.32 per share

Executive VP recently sold CHF378k worth of stock

Third quarter 2021 earnings released: EPS US$1.94 (vs US$0.32 in 3Q 2020)

Upcoming dividend of US$0.32 per share

Insider recently sold CHF2.0m worth of stock

Second quarter 2021 earnings released: EPS US$0.10 (vs US$9.15 loss in 2Q 2020)

AIG to Sell Stake in Life and Retirement Unit

Executive VP & Chief Investment Officer Douglas Dachille has left the company

Upcoming dividend of US$0.32 per share

Executive VP & Chief Investment Officer recently sold CHF943k worth of stock

Insider recently sold CHF1.9m worth of stock

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members