American International Group, Inc.

NYSE:AIG Stock Report

Market Cap: US$49.2b

American International Group Management

Management criteria checks 2/4

American International Group's CEO is Peter Zaffino, appointed in Jan 2020, has a tenure of 4.25 years. total yearly compensation is $24.62M, comprised of 6.1% salary and 93.9% bonuses, including company stock and options. directly owns 0.075% of the company’s shares, worth $36.89M. The average tenure of the management team and the board of directors is 2.4 years and 2.1 years respectively.

Key information

Peter Zaffino

Chief executive officer

US$24.6m

Total compensation

CEO salary percentage6.1%
CEO tenure4.3yrs
CEO ownership0.07%
Management average tenure2.4yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

AIG: Focused Buybacks, Steady Dividends, And A Turnaround Story

Apr 10

It's A Story Of Risk Vs Reward With American International Group, Inc. (NYSE:AIG)

Apr 01
It's A Story Of Risk Vs Reward With American International Group, Inc. (NYSE:AIG)

AIG 2024 Outlook: Underwriting Improvement Is In The Valuation (Rating Downgrade)

Jan 17

American International Group, Inc.'s (NYSE:AIG) Share Price Is Matching Sentiment Around Its Earnings

Dec 18
American International Group, Inc.'s (NYSE:AIG) Share Price Is Matching Sentiment Around Its Earnings

AIG's Lean Operations Create Value

Nov 14

A New Era Approaches For AIG

Oct 04

Solid Underwriting And Higher Rates Make AIG A Buy

Sep 08

AIG: Buy The Next Dip On This Mega Insurer With Diverse Asset Portfolio

Jul 13

American International Group's (NYSE:AIG) Upcoming Dividend Will Be Larger Than Last Year's

Jun 05
American International Group's (NYSE:AIG) Upcoming Dividend Will Be Larger Than Last Year's

American International Group (NYSE:AIG) Has Announced That It Will Be Increasing Its Dividend To $0.36

May 22
American International Group (NYSE:AIG) Has Announced That It Will Be Increasing Its Dividend To $0.36

American International Group (NYSE:AIG) Is Increasing Its Dividend To $0.36

May 08
American International Group (NYSE:AIG) Is Increasing Its Dividend To $0.36

Does American International Group (NYSE:AIG) Deserve A Spot On Your Watchlist?

Apr 03
Does American International Group (NYSE:AIG) Deserve A Spot On Your Watchlist?

AIG cut to Neutral at Atlantic Equities on slowing premium growth, recent rally

Feb 22

CEO Compensation Analysis

How has Peter Zaffino's remuneration changed compared to American International Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$25mUS$2m

US$4b

Sep 30 2023n/an/a

US$4b

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$10b

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 ($USD24.62M) is above average for companies of similar size in the US market ($USD13.41M).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.


CEO

Peter Zaffino (56 yo)

4.3yrs

Tenure

US$24,617,936

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
Chairman4.3yrsUS$24.62m0.075%
$ 36.9m
Sabra Purtill
Executive VP & CFO1.3yrsUS$7.66m0.0012%
$ 605.1k
Claude Wade
Executive VP3.3yrsUS$7.71m0.0013%
$ 624.8k
David McElroy
Executive VP & Chairman of General Insurance3.7yrsUS$9.22m0.026%
$ 12.9m
Kevin Hogan
President & CEO of Corebridge Financial2.3yrsUS$8.63m0.040%
$ 19.5m
Elaine Rocha
Global Chief Investment Officer2.5yrsno datano data
Kathleen Carbone
VP & Chief Accounting Officer2.1yrsno data0.00063%
$ 309.9k
Roshan Navagamuwa
Executive VP & Chief Information Officerless than a yearno data0%
$ 0
Ted Devine
Executive VP & Chief Administrative Officerless than a yearno data0.0030%
$ 1.5m
Quentin McMillan
VP, MD & Head of Investor Relations2.8yrsno datano data
Karen Nelson
Chief Compliance Officer14.3yrsno datano data
Rose Marie Glazer
Executive VP2.3yrsno data0.0046%
$ 2.2m

2.4yrs

Average Tenure

55.5yo

Average Age

Experienced Management: AIG's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Zaffino
Chairman3.5yrsUS$24.62m0.075%
$ 36.9m
Diana Murphy
Independent Director1.1yrsUS$312.64kno data
John Rice
Lead Independent Director2.1yrsUS$587.18k0.0015%
$ 728.1k
Wyllie Cornwell
Independent Director12.9yrsUS$319.97k0%
$ 0
James Dunne
Independent Directorless than a yearUS$95.17kno data
Vanessa Wittman
Independent Director1.1yrsUS$312.64kno data
Peter Porrino
Independent Director4.9yrsUS$385.69k0%
$ 0
Linda Mills
Independent Director8.8yrsUS$349.98k0%
$ 0
James Cole
Independent Director3.1yrsUS$332.84k0%
$ 0
John Inglis
Independent Directorless than a yearno data0.00010%
$ 49.2k
Paola Bergamaschi
Independent Director1.3yrsUS$309.98k0%
$ 0

2.1yrs

Average Tenure

66yo

Average Age

Experienced Board: AIG's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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