American International Group, Inc.

SWX:AIG Stock Report

Market Cap: CHF 37.5b

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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 percentage2.1%
CEO tenure3.7yrs
CEO ownership0.04%
Management average tenure3.1yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Zaffino's remuneration changed compared to American International Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

US$5b

Mar 31 2023n/an/a

US$6b

Dec 31 2022US$75mUS$2m

US$10b

Sep 30 2022n/an/a

US$13b

Jun 30 2022n/an/a

US$12b

Mar 31 2022n/an/a

US$10b

Dec 31 2021US$22mUS$1m

US$9b

Sep 30 2021n/an/a

US$6b

Jun 30 2021n/an/a

US$4b

Mar 31 2021n/an/a

-US$4b

Dec 31 2020US$24mUS$1m

-US$6b

Sep 30 2020n/an/a

-US$5b

Jun 30 2020n/an/a

-US$5b

Mar 31 2020n/an/a

US$4b

Dec 31 2019US$18mUS$1m

US$3b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

-US$83m

Mar 31 2019n/an/a

-US$249m

Dec 31 2018US$13mUS$1m

US$36m

Sep 30 2018n/an/a

-US$6b

Jun 30 2018n/an/a

-US$7b

Mar 31 2018n/an/a

-US$6b

Dec 31 2017US$18mUS$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

NamePositionTenureCompensationOwnership
Peter Zaffino
Chairman3.7yrsUS$75.31m0.043%
CHF 16.3m
Luciana Fato
Executive VP5.9yrsUS$10.60m0.018%
CHF 6.7m
David McElroy
Executive VP & CEO of General Insurance3.1yrsUS$9.30m0.015%
CHF 5.6m
Kevin Hogan
President & CEO of Corebridge Financialno dataUS$8.88m0.031%
CHF 11.7m
Sabra Purtill
Executive VP & CFOless than a yearno data0.00095%
CHF 356.1k
Claude Wade
Executive VP2.7yrsno data0.00092%
CHF 344.8k
Elaine Rocha
Global Chief Investment Officer1.9yrsno datano data
Kathleen Carbone
VP & Chief Accounting Officer1.5yrsno data0%
CHF 0
John Repko
Executive VP & Chief Information Officer5yrsno data0.0066%
CHF 2.5m
Quentin McMillan
VP, MD & Head of Investor Relations2.3yrsno datano data
Karen Nelson
Chief Compliance Officer13.7yrsno datano data
David May
Chief Marketing Officer10yrsno datano data

3.1yrs

Average Tenure

57yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Peter Zaffino
Chairman2.9yrsUS$75.31m0.043%
CHF 16.3m
Diana Murphy
Independent Directorless than a yearno datano data
John Rice
Lead Independent Director1.5yrsUS$140.10k0.0014%
CHF 524.7k
Wyllie Cornwell
Independent Director12.3yrsUS$319.97k0%
CHF 0
Vanessa Wittman
Independent Directorless than a yearno datano data
Peter Porrino
Independent Director4.3yrsUS$349.97k0%
CHF 0
Therese Vaughan
Independent Director4.3yrsUS$309.97k0.00014%
CHF 52.5k
Linda Mills
Independent Director8.2yrsUS$349.97k0%
CHF 0
James Cole
Independent Director2.5yrsUS$309.97k0%
CHF 0
Paola Bergamaschi
Independent Directorless than a yearUS$92.12k0%
CHF 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.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/09/05 03:48
End of Day Share Price 2023/09/05 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

American International Group, Inc. is covered by 42 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Ishan MajumdarBaptista Research
Jay GelbBarclays