AIG CEO Peter Zaffino to become Executive Chair; Eric Andersen named CEO-elect

AMERICAN INTERNATIONAL GROUP, INC.

Peter Zaffino transitions to Executive Chair by mid-2026; retirement as CEO after June 1.
Eric Andersen joins as President & CEO-elect Feb 16, 2026; expected CEO by June 1.
Andersen's 2026 target comp: $14M; upon CEO role, increases to $18M.
Zaffino's Chairman & CEO target comp: $25M; as Executive Chair drops to $15M.
AIG returned over $19B to shareholders via buybacks/dividends in last 3 years.

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