american international group (AIG) Key Developments
American International Group, Inc. Appoints Brian T. Schreiber as Executive Vice President and Chief Strategy Officer
May 13 15
American International Group, Inc. announced that Brian T. Schreiber will assume the newly created role of Executive Vice President and Chief Strategy Officer. Mr. Schreiber, who has served in various senior roles over the course of his 18-year career at AIG, will report to Peter D. Hancock, President and Chief Executive Officer of AIG. Mr. Schreiber will join AIG’s Operating Committee and chair its Strategy Committee. As Chief Strategy Officer, Mr. Schreiber will oversee AIG’s global strategic planning efforts; M&A and divestitures; and Communications, which includes corporate marketing, brand, external and internal communications, digital media, and philanthropy and volunteerism; he also will share responsibility for Investor Relations with David Herzog, AIG’s Chief Financial Officer. Mr. Schreiber will lead AIG’s efforts to identify, and execute on, value-maximizing growth opportunities, rationalize the company’s portfolio of businesses, and determine capital allocation. Most recently, Mr. Schreiber served as Deputy Chief Investment Officer, which included managing a $200 billion asset portfolio. He also served as Treasurer and as Head of Strategic Planning, managing many of AIG’s major acquisitions, as well as acting as a key member of the team that designed and executed AIG’s restructuring plan to successfully repay America plus a combined positive return of nearly $23 billion.
American International Group Opens New Shared Services Center in Sofia, Bulgaria
May 6 15
American International Group, Inc. has opened a new shared services center, or SSC, in Sofia, Bulgaria. The center will support AIG's insurance operations in 17 countries across Europe with Claims, Policy Servicing, Accounts Receivable, and Travel Assistance services.
AIG To Consider Options For AerCap
May 4 15
American International Group, Inc. (NYSE:AIG) will determine when to sell its holding in AerCap Holdings N.V. (NYSE:AER), Chief Executive Officer of AIG said on May 1, 2015. AIG is keeping its options open for a sizable position that President and CEO Peter Hancock characterized as being "certainly not core" in nature.
American International Group, Inc. - Shareholder/Analyst Call
May 1 15
Annual Meeting of Shareholders
American International Group, Inc. Declares Dividend, Payable on June 25
Apr 30 15
American International Group, Inc. has declared a dividend of $0.125 per share on common stock, par value $2.50 per share. The dividend is payable on June 25, 2015, to stockholders of record at the close of business on June 11, 2015.