Summary
This amended 8-K filing from AMERICAN INTERNATIONAL GROUP, INC. (AIG) on May 24, 2005, serves as an update to previous reports concerning board changes. Specifically, it details the addition of George L. Miles, Jr. and Morris W. Offit as Directors, who will also serve on the Audit Committee. Stephen L. Hammerman, previously elected as a Director, is noted for his appointment to the Regulatory, Legal and Compliance Committee.
Key Highlights
- 1AIG is amending its prior 8-K filings to provide updated information on board composition.
- 2George L. Miles, Jr. and Morris W. Offit have been elected as Directors to the AIG Board.
- 3Messrs. Miles and Offit have been appointed to the Audit Committee.
- 4Stephen L. Hammerman, previously elected as a Director, has been appointed to the Regulatory, Legal and Compliance Committee.
- 5A new 'Special Committee on Indemnification' has been formed, comprised of Messrs. Miles, Offit, and Hammerman.
- 6The Interim Chairman, Mr. Zarb, serves as an ex officio member of all standing board committees.
Frequently Asked Questions
This filing is an amendment to previous 8-K reports and provides updated information regarding changes in AIG's Board of Directors and their committee assignments.
George L. Miles, Jr. and Morris W. Offit have been elected as new Directors. They will both serve on the Audit Committee. Stephen L. Hammerman, also a recently elected Director, will join the Regulatory, Legal and Compliance Committee.
Yes, AIG has formed a new 'Special Committee on Indemnification,' consisting of Directors George L. Miles, Jr., Morris W. Offit, and Stephen L. Hammerman.
The Interim Chairman of the Board, Mr. Zarb, serves as an ex officio member of all standing committees of the Board, including the newly updated ones.