Lucy Fato to become Vice Chair of AIG; interim general counsel and comms heads named

AMERICAN INTERNATIONAL GROUP, INC.

Lucy Fato transitions from EVP, General Counsel & Global Head of Comms/GA to Vice Chair, effective Oct 1, 2023, reporting to CEO Peter Zaffino.
2024 compensation for Fato: $1M base salary, at least $1.75M short-term incentive, $3.3M target long-term incentive.
Rose Marie Glazer named interim General Counsel & Head of Government Affairs; Jennifer Silane interim Head of Global Communications.
Upon termination, Fato's outstanding stock options will remain exercisable for their full scheduled term.

item 5.02 item 9.01

Executive movements

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Role change

Lucy Fato

Vice Chair

AIG · AMERICAN INTERNATIONAL GROUP, INC.

Effective: 2023-10-01
Filed: September 8, 2023, 7:59 PM ET

Effective October 1, 2023, Lucy Fato, Executive Vice President, General Counsel & Global Head of Communications and Government Affairs of American International Group, Inc. (the “Company” or “AIG”), is transitioning from her current position to a Vice Chair position.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Lucy Fato changed role as Vice Chair at AMERICAN INTERNATIONAL GROUP, INC..

Action: transitioning
Role: Vice Chair

Exact text from the filing

Effective October 1, 2023, Lucy Fato, Executive Vice President, General Counsel & Global Head of Communications and Government Affairs of American International Group, Inc. (the “Company” or “AIG”), is transitioning from her current position to a Vice Chair position.

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Source: SEC EDGAR

accession 0000950103-23-013440

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