8-KLeadership ChangesExhibits & Filings

AMERICAN INTERNATIONAL GROUP, INC. 8-K Report, Executive Changes (Aug 4, 2009)

Filed August 4, 2009For Securities:AIG

Summary

This Form 8-K filing by American International Group, Inc. (AIG) on August 4, 2009, primarily announces significant changes in its executive leadership. The most critical development is the appointment of Robert H. Benmosche as the new President, Chief Executive Officer, and a Director, effective August 10, 2009. This transition marks the retirement of the current Chairman and CEO, Edward M. Liddy, signaling a new leadership direction for the company. Additionally, the report notes the upcoming resignation of Paula R. Reynolds from her roles as Vice Chairman and Chief Restructuring Officer. These executive changes are crucial for investors to monitor as they indicate shifts in strategic direction and operational oversight during a critical period for AIG. The filing also includes a press release detailing these announcements.

Key Highlights

  • 1Robert H. Benmosche appointed as President, CEO, and Director, effective August 10, 2009.
  • 2Edward M. Liddy to retire as Chairman and CEO on August 10, 2009.
  • 3Paula R. Reynolds to resign as Vice Chairman and Chief Restructuring Officer in late Q3 2009.
  • 4The report includes a press release dated August 3, 2009, detailing these executive changes.
  • 5The filing is an 8-K Current Report, indicating material events.
  • 6These leadership changes signal a potential shift in AIG's strategy and management.

Frequently Asked Questions

Robert H. Benmosche has been elected as the new President, Chief Executive Officer, and a Director of AIG, effective August 10, 2009.

Edward M. Liddy, the current Chairman and CEO, will retire on August 10, 2009.

Yes, Paula R. Reynolds has informed AIG that she will resign as Vice Chairman and Chief Restructuring Officer effective in late the third quarter of 2009.

These appointments and departures are significant as they indicate a change in leadership and potentially a shift in the company's strategic direction and operational management, especially during a critical period for AIG.