AIG names Sabra Purtill permanent CFO; Shane Fitzsimons steps down after medical leave

AMERICAN INTERNATIONAL GROUP, INC.

Sabra Purtill, interim CFO since Jan 2023, appointed permanent CFO effective immediately.
Shane Fitzsimons steps down following a medical leave of absence; will receive severance per AIG's 2012 Executive Severance Plan.
Purtill's annual target direct compensation set at $5.6M: $1M base salary, $1.7M STI, $2.9M LTI.
Purtill receives RSU award of $1.25M vesting in three equal tranches over three years.
Peter Zaffino cited Fitzsimons' role in AIG 200, Life/Retirement separation, and Corebridge IPO.

item 5.02 item 9.01

Executive movements

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Departed

Shane Fitzsimons

Chief Financial Officer

AIG · AMERICAN INTERNATIONAL GROUP, INC.

Effective: 2023-06-20
Successor: Sabra Purtill
Filed: June 23, 2023, 7:59 PM ET

Shane Fitzsimons will step down from his position as Chief Financial Officer of AIG, following a medical leave of absence.

Appointed

Sabra Purtill

Chief Financial Officer

AIG · AMERICAN INTERNATIONAL GROUP, INC.

Effective: 2023-06-20
Filed: June 23, 2023, 7:59 PM ET

the Company announced the appointment of Sabra Purtill, who has served as AIG’s Interim Chief Financial Officer since January 2023, to serve as the Company’s Chief Financial Officer on a permanent basis.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Shane Fitzsimons departed as Chief Financial Officer at AMERICAN INTERNATIONAL GROUP, INC..

Action: step down
Role: Chief Financial Officer

Exact text from the filing

Shane Fitzsimons will step down from his position as Chief Financial Officer of AIG, following a medical leave of absence.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Sabra Purtill was appointed as Chief Financial Officer at AMERICAN INTERNATIONAL GROUP, INC..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

the Company announced the appointment of Sabra Purtill, who has served as AIG’s Interim Chief Financial Officer since January 2023, to serve as the Company’s Chief Financial Officer on a permanent basis.

View on SEC.gov

AMERICAN INTERNATIONAL GROUP, INC. filing history →

Source: SEC EDGAR

accession 0000950103-23-009190

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