secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN INTERNATIONAL GROUP, INC. (AIG)
CIK:        0000005272
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0000005272-24-000133
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AIG appoints Courtney Leimkuhler to board, effective Nov 5, 2024
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- Leimkuhler is co-founder of venture fund Springbank, ex-Goldman Sachs, NYSE Euronext, and Marsh CFO.
- Board size increased from 10 to 11; she fills the vacancy and is deemed independent.
- AIG subsidiary has a $3M capital commitment to Spring B Fund I, where Leimkuhler holds a controlling interest.
- Approximately $1.2M of the fund commitment has been called; management fees 2.5%, carried interest 20%.
- Leimkuhler has not yet been assigned to any board committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/5272/000000527224000133/0000005272-24-000133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/5272/000000527224000133/aig-20241105.htm
  HTML page:      https://secwatch.observer/filing/0000005272-24-000133

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