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AIG Announces Leadership Change

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American International Group, Inc. (NYSE: AIG) announced that David McElroy will retire on May 1, 2024, for personal reasons. Mr. McElroy has been with AIG since 2018 and held various leadership positions. AIG's Chairman & CEO, Peter Zaffino, praised McElroy's contributions to improving underwriting performance and risk appetite.
American International Group, Inc. (NYSE: AIG) ha annunciato che David McElroy andrà in pensione il 1 maggio 2024 per motivi personali. Il signor McElroy è stato con AIG dal 2018 e ha ricoperto varie posizioni di leadership. Il Presidente e CEO di AIG, Peter Zaffino, ha lodato i contributi di McElroy al miglioramento della performance di sottoscrizione e dell'appetito al rischio.
American International Group, Inc. (NYSE: AIG) anunció que David McElroy se jubilará el 1 de mayo de 2024 por razones personales. El señor McElroy ha estado con AIG desde 2018 y ha ocupado diversos cargos de liderazgo. El Presidente y CEO de AIG, Peter Zaffino, elogió las contribuciones de McElroy a la mejora del rendimiento de suscripción y del apetito por el riesgo.
American International Group, Inc. (NYSE: AIG)는 데이비드 맥엘로이가 2024년 5월 1일 개인적인 이유로 은퇴할 것이라고 발표했습니다. 맥엘로이 씨는 2018년부터 AIG와 함께하며 여러 리더십 직위를 역임했습니다. AIG의 회장 겸 CEO인 피터 재피노는 맥엘로이의 기여를 통해 보험 가입 성과와 리스크 선호도가 향상되었다고 칭찬했습니다.
American International Group, Inc. (NYSE: AIG) a annoncé que David McElroy prendra sa retraite le 1er mai 2024 pour des raisons personnelles. M. McElroy est chez AIG depuis 2018 et a occupé divers postes de leadership. Le Président-directeur général d'AIG, Peter Zaffino, a salué les contributions de McElroy à l'amélioration de la performance de souscription et de l'appétit pour le risque.
American International Group, Inc. (NYSE: AIG) gab bekannt, dass David McElroy am 1. Mai 2024 aus persönlichen Gründen in den Ruhestand treten wird. Herr McElroy war seit 2018 bei AIG und hatte verschiedene Führungspositionen inne. Der Chairman & CEO von AIG, Peter Zaffino, lobte McElroys Beiträge zur Verbesserung der Zeichnungsleistung und des Risikoappetits.
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David McElroy to Retire on May 1, 2024

NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today announced that David McElroy will retire from AIG effective May 1, 2024. Mr. McElroy has agreed with AIG to accelerate his retirement date for personal reasons and will remain available to the Company.

Mr. McElroy joined AIG in 2018 as President and CEO of Lexington Insurance Company and was CEO of General Insurance from August 2020 to December 2023 and Chairman of General Insurance since January 1, 2024.

“David McElroy joined AIG at a pivotal time as we began the multi-year effort of improving our underwriting performance and refining our risk appetite,” said Peter Zaffino, AIG Chairman & Chief Executive Officer. “Thanks to the hard work and determination of our entire team, AIG is now widely recognized as a leading global insurer by our clients, distribution partners and many stakeholders.”

About AIG

American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners. For additional information, visit www.aig.com. This website with additional information about AIG has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide operations of American International Group, Inc. All products and services are written or provided by subsidiaries or affiliates of American 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 property casualty 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.

Quentin McMillan (Investors): quentin.mcmillan@aig.com

Claire Talcott (Media): claire.talcott@aig.com

Source: American International Group, Inc.

FAQ

When will David McElroy retire from AIG?

David McElroy will retire from AIG effective May 1, 2024.

What positions did David McElroy hold at AIG?

Mr. McElroy joined AIG in 2018 as President and CEO of Lexington Insurance Company, was CEO of General Insurance from August 2020 to December 2023, and Chairman of General Insurance since January 1, 2024.

Who is the current Chairman & CEO of AIG?

Peter Zaffino is the Chairman & CEO of AIG.

How is AIG viewed in the insurance industry?

AIG is widely recognized as a leading global insurer by clients, distribution partners, and stakeholders.

Why is David McElroy retiring early?

David McElroy has agreed to accelerate his retirement date for personal reasons.

Will David McElroy be available to the company after his retirement?

David McElroy will remain available to the Company after his retirement.

What was David McElroy's role in improving AIG's performance?

David McElroy played a pivotal role in improving AIG's underwriting performance and refining its risk appetite.

What did Peter Zaffino say about David McElroy?

Peter Zaffino praised David McElroy's contributions to AIG's success.

What is the ticker symbol for American International Group, Inc.?

The ticker symbol for American International Group, Inc. is AIG.

American International Group, Inc.

NYSE:AIG

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About AIG

American International Group, Inc. is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.