secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN INTERNATIONAL GROUP, INC. (AIG)
CIK:        0000005272
Form:       8-K
Filed at:   2026-09-02T20:15:45+00:00
Accession:  0000005272-26-000088
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AIG Executive Chair Peter Zaffino Steps Down Sept 15; John Rice Named Chair
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- Effective Sept 15, 2026, Peter Zaffino steps down as Executive Chair and board member; becomes Senior Advisor to CEO Eric Andersen.
- John Rice, AIG's Lead Independent Director since Jan 2023, elected Chair of the Board effective same date.
- Rice has been on AIG board since March 2022; previously GE Vice Chairman; current Baker Hughes board member.
- Amendment to Zaffino's employment agreement confirms no compensation change; transition is not termination for cause/good reason.
- Zaffino cites 'next chapter' for leadership; no disagreement with AIG board or management noted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/5272/000000527226000088/0000005272-26-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/5272/000000527226000088/aig-20260901.htm
  HTML page:      https://secwatch.observer/filing/0000005272-26-000088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer