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AI brief of an SEC Form 8-K · American International (AIG)

AIG Executive Chair Peter Zaffino to step down September 15; John Rice becomes Chair

Neutral Impact 4 of 5 leadership Written later

AIG said Executive Chair Peter Zaffino will leave his Executive Chair role and the Board effective September 15, 2026, and become a Senior Advisor to CEO Eric Andersen. Lead Independent Director John Rice will become Board Chair on the same date. The company said the move is not due to any disagreement with management, the Board, or on its operations, policies or practices, and that Zaffino's pay is unchanged under an amended employment agreement.

Key points

  • Peter Zaffino steps down as Executive Chair and Board member effective September 15, 2026, and becomes Senior Advisor to the CEO.
  • John Rice, Lead Independent Director since January 2023 and a Board member since March 2022, becomes Board Chair effective September 15, 2026.
  • An amendment to Zaffino's employment agreement, dated September 1, 2026, confirms no change to his compensation under the agreement.
  • The full amendment will be filed as an exhibit to the Form 10-Q for the quarter ended September 30, 2026.

The filing

CompanyAmerican International (AIG)
Form8-K, current report
Filed with the SECSep 2, 2026, 4:15 PM ET
Accession number0000005272-26-000088

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

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 September 02, 2026.

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.