AIG Names John Neal as President, Effective December 1, 2025
AIG said John Neal, former CEO of Lloyd's of London, will join as President effective December 1, 2025, reporting to Chairman and CEO Peter Zaffino and leading the General Insurance organization. The filing sets his pay package, including a $1.25 million base salary and a $3.75 million target annual cash bonus, which gives shareholders a clear view of the cost of the appointment.
Key points
- Start date: December 1, 2025; Neal reports to Chairman and CEO Peter Zaffino
- Base salary of $1,250,000; target annual cash bonus of $3,750,000 with a guarantee of no less than target for 2025
- Target annual equity award of $5,000,000; on start date, RSUs with initial grant value of $4,500,000 vesting over three years and a $2,700,000 cash payment
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 21, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.