8-KLeadership Changes

AMERICAN INTERNATIONAL GROUP, INC. 8-K Report, Executive Changes (Dec 9, 2021)

Filed December 9, 2021For Securities:AIG

Summary

American International Group, Inc. (AIG) announced a key leadership change in its finance department via an 8-K filing on December 9, 2021. The company has appointed Kathleen Carbone as its new Vice President and Chief Accounting Officer, effective March 1, 2022. This appointment signifies a strategic move to solidify its financial reporting leadership.

Key Highlights

  • 1AIG appoints Kathleen Carbone as Vice President and Chief Accounting Officer, effective March 1, 2022.
  • 2Ms. Carbone's extensive experience includes prior roles at AIG as Vice President – Finance, Group Controller, and Corporate Controller.
  • 3Her background also includes a Chief Accounting Officer role at Enstar Group Limited and nearly 12 years at PriceWaterhouseCoopers LLP.
  • 4The appointment is effective March 1, 2022, indicating a planned transition.
  • 5There are no disclosed arrangements or understandings regarding Ms. Carbone's appointment, suggesting a standard selection process.
  • 6Ms. Carbone has no reportable family relationships with current directors or executive officers, nor any indirect interest in transactions requiring disclosure under Item 404(a) of Regulation S-K.

Frequently Asked Questions

Kathleen Carbone has been appointed as AIG's new Vice President and Chief Accounting Officer, effective March 1, 2022.

Ms. Carbone has a significant history with AIG, having served as Vice President – Finance since May 2021, Group Controller from October 2018 to July 2020, Corporate Controller from September 2016 to October 2018, and Senior Director of SEC Reporting and Analytics from June 2015 to August 2016.

Yes, Ms. Carbone served as the Chief Accounting Officer of Enstar Group Limited from December 2020 through May 2021 and previously spent nearly 12 years at the accounting firm PriceWaterhouseCoopers LLP.

The filing states there are no arrangements or understandings between Ms. Carbone and any other person regarding her appointment. She also has no family relationship with any AIG director or executive officer and no direct or indirect interest in any transactions requiring disclosure under Item 404(a) of Regulation S-K.