Corebridge Financial: Two directors resign, AIG waives board designation rights
Corebridge Financial directors Rose Marie Glazer and Adam Burk resigned from the board effective March 23, 2026, and AIG waived its right to designate any board members. The changes follow Corebridge's February 17, 2026 repurchase of common stock from AIG, which reduced AIG's ownership to about 5%. The filing says the resignations were not related to any disagreement with the company, and the board plans to cut its authorized size to 11 from 13.
Key points
- Rose Marie Glazer and Adam Burk resigned from the board effective close of business March 23, 2026, with no disagreement cited
- AIG waived its right to designate board members on March 23, 2026, reducing its designees to zero from one
- The February 17, 2026 share repurchase from AIG was about $750 million at $30.42 per share and cut AIG's stake to about 5%
- The board intends to reduce its authorized seats to 11 from 13
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing 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 March 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.