NEW YORK--(BUSINESS WIRE)--Feb. 11, 2016--
American International Group, Inc. (NYSE:AIG) said today that its Board
of Directors has agreed to expand the size of the AIG Board from 14
seats to 16 seats.
The Board will nominate its existing Board of Directors, as well as John
Paulson, President of Paulson & Co., and Samuel Merksamer, a Managing
Director of Icahn Capital LP, as the slate of directors to be included
in AIG’s proxy statement for election at the 2016 AIG Annual Meeting of
Douglas M. Steenland, AIG Chairman of the Board, said: “AIG has a strong
Board, with a track record of creating significant shareholder value and
delivering superior returns. John and Samuel will bring financial and
business expertise to the Board, and we look forward to benefiting from
their insights as we move forward with our strategy to create a leaner,
more profitable and focused AIG.”
Additional information about AIG can be found at www.aig.com/strategy-update
| Twitter: @AIGinsurance | LinkedIn: http://www.linkedin.com/company/aig.
American International Group, Inc. (AIG) is a leading global insurance
organization serving customers in more than 100 countries and
jurisdictions. AIG companies serve commercial, institutional, and
individual customers through one of the most extensive worldwide
property-casualty networks of any insurer. In addition, AIG companies
are leading providers of life insurance and retirement services in the
United States. AIG common stock is listed on the New York Stock Exchange
and the Tokyo Stock Exchange.
AIG is the marketing name for the worldwide property-casualty, life and
retirement, and general insurance operations of American International
Group, Inc. For additional information, please visit our website at www.aig.com.
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 coverage is subject to 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.
Important Additional Information
American International Group, Inc. (the “Company”), its directors and
certain of its executive officers may be deemed to be participants in
the solicitation of proxies from the Company’s shareholders in
connection with the Company’s 2016 Annual Meeting of Shareholders.
Information regarding the names of the Company’s directors and executive
officers is set forth in the Company’s proxy statement for the 2015
Annual Meeting of Shareholders and in the Company’s Annual Report on
Form 10-K for the fiscal year ended December 31, 2014, which were filed
with the SEC on March 30, 2015 and February 20, 2015, respectively.
Other information regarding the participants in the proxy solicitation
and a description of their direct and indirect interests, by security
holdings or otherwise, will be contained in the proxy statement and
other related materials (if any) in connection with the 2016 Annual
Meeting of Shareholders to be filed with the SEC when they become
The Company intends to file a definitive proxy statement and proxy card
and other related materials with the U.S. Securities and Exchange
Commission (the “SEC”) in connection with the solicitation of proxies.
COMPANY SHAREHOLDERS AND OTHER INVESTORS ARE STRONGLY ENCOURAGED TO READ
THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS AND SUPPLEMENTS) AND PROXY
CARD AND SUCH OTHER RELATED MATERIALS WHEN THEY BECOME AVAILABLE AS THEY
WILL CONTAIN IMPORTANT INFORMATION.
These documents, including any proxy statement (and amendments or
supplements thereto) and other related materials filed by the Company
with the SEC, are available for no charge at the SEC's website at www.sec.gov
and at the Company’s website at www.aig.com.
Copies may also be obtained by contacting the Company by mail at 175
Water Street, New York, New York 10038, Attention: Investor Relations or
by telephone at 212-770-6293.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160211006428/en/
Source: American International Group, Inc.
American International Group, Inc.
Liz Werner (Investors),
Diat (Media), 212-770-3505
Hendricks Sullivan (Media), 212-770-3141