Peter Zaffino to Assume Additional Role of Chairman of the AIG Board of Directors Effective January
1, 2022
September 8, 2021
NEW YORK--(BUSINESS WIRE)--Sep. 8, 2021-- American International Group (NYSE: AIG) today announced that Peter Zaffino, President & Chief
Executive Officer, will assume the additional role of Chairman of the Board of Directors, effective January 1, 2022. As previously announced, Brian
Duperreault, currently Executive Chairman, will retire from the Board of Directors at year end 2021.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210908005634/en/“The AIG Board of Directors has great
confidence in Peter’s ability to continue
executing on AIG’s transformation andgrowth strategy designed to create
long-term, sustainable value,” said Doug
Steenland, Lead Independent Director.
“Peter’s transition into the CEO role inMarch 2021 was seamless and thecompany is performing exceptionally well.
His leadership is highly respected by theBoard, the insurance industry and acrossthe company’s many stakeholders.”
Mr. Duperreault said: “Peter has played anindispensable role in AIG’s turnaround andhis unwavering focus, strength ofcharacter, integrity and strategic vision will
drive AIG’s continued success.”
Mr. Zaffino said: “I am grateful for the
support of our Board of Directors, thestrength and many contributions of our
executive team, and the hard work anddedication of our colleagues across theglobe. Our commitment to underwriting andoperational excellence, and deliveringsolutions and value in everything we do,has been an important part of our journey
to be a global industry leader. I am proud ofwhat our team has accomplished over thelast several years and very excited about
what the future holds for AIG and our manystakeholders.”###American International Group, Inc. (AIG) isa leading global insurance organization.
AIG member companies provide a widePeter S. Zaffino (Photo: Business Wire)
range of property casualty insurance, life
insurance, retirement solutions, and other financial services to customers in approximately 80 countries and jurisdictions. These diverse offerings
include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG commonstock is listed on the New York Stock Exchange.
Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance
www.twitter.com/AIGinsurance | LinkedIn: www.linkedin.com/company/aig. These references with additional information about AIG have been
provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group,Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates ofAmerican International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting
requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain propertycasualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds
are therefore not protected by such funds.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210908005634/en/
Quentin McMillan (Investors): quentin.mcmillan@aig.com
Dana Ripley (Media): dana.ripley@aig.com
Source: American International Group