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Get filing alertsAIG appoints Thomas Stoddard to board, shareholders approve directors and executive pay
Filed May 14, 2026 · Period ending May 13, 2026 · ~1 min read
Key Changes
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AIG appointed Thomas D. Stoddard as independent director effective June 1, 2026, to serve on the Audit Committee, which oversees financial reporting and internal controls.
Item 5.02 verify on EDGAR → -
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At the May 13 annual meeting, shareholders elected all 10 director nominees with majority support and approved executive compensation with 77% of votes cast.
Item 5.07 verify on EDGAR → -
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Shareholders ratified PricewaterhouseCoopers as AIG's independent auditor for 2026 with 94% approval, continuing the existing audit relationship.
Item 5.07 verify on EDGAR → -
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AIG attached a press release dated May 14, 2026 as an exhibit, but the 8-K does not describe its content; investors should review the exhibit directly.
Item 9.01 verify on EDGAR →
Summary
AIG filed a routine governance disclosure covering its annual shareholder meeting and a new board appointment. The company added Thomas Stoddard as an independent director starting June 1, 2026, where he'll serve on the Audit Committee that oversees financial controls. At the May 13 annual meeting, shareholders re-elected all ten directors and gave majority support to executive pay practices, with 77% approving the advisory say-on-pay vote.
For retail investors, these are standard corporate housekeeping items with no immediate impact on AIG's business operations or financial outlook. The board refresh adds oversight capacity, and the shareholder votes show no material governance concerns. The one item to watch is the attached May 14 press release (Exhibit 99.1), which isn't described in the filing body and may contain separate business news worth reviewing directly.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Show 2 minor / wording changes
Added in current filing · verify on EDGAR →
The Board has determined that Mr. Stoddard is an independent director under the New York Stock Exchange listing standards.
The Board confirmed Stoddard qualifies as independent under NYSE rules, meaning he has no material relationships with AIG that could compromise his objectivity. This is standard for public company directors and supports good governance.
Added in current filing · verify on EDGAR →
Mr. Stoddard will participate in the compensation program for independent directors as described under “Corporate Governance - Director Compensation” in AIG’s 2026 Notice of Annual Meeting and Proxy Statement filed with the Securities and Exchange Commission on March 31, 2026.
Stoddard will receive the standard compensation package for independent directors as previously disclosed in AIG's 2026 proxy statement. No special or unusual compensation arrangements were made for this appointment.
Event · Item 5.07 — Submission of Matters to a Vote of Security Holders
AIG held its 2026 Annual Meeting, electing 10 directors, approving executive compensation, and ratifying PwC as auditor.
Show 3 minor / wording changes
Added in current filing · verify on EDGAR →
On May 13, 2026, AIG held its Annual Meeting of Shareholders (the “Annual Meeting”). The results of the matters submitted to a shareholder vote at the Annual Meeting were as follows: Proposal 1 – Election of Directors: The following individuals were elected to serve as members of AIG’s Board of Directors until the 2027 Annual Meeting or until the election and qualification of their successors.
All ten director nominees were elected to serve until the 2027 Annual Meeting. The nominees included James Cole Jr., John Inglis, Courtney Leimkuhler, Linda Mills, Diana Murphy, Juan Perez, Peter Porrino, John Rice, Vanessa Wittman, and CEO Peter Zaffino. All nominees received majority support with vote totals ranging from approximately 413 million to 465 million shares in favor.
Added in current filing · verify on EDGAR →
Proposal 2 – Advisory Vote to Approve Named Executive Officer Compensation: The voting results were as follows: ForAgainstAbstainBroker Non-Votes 359,800,583104,658,356919,61327,587,076
Shareholders approved the advisory say-on-pay vote for named executive officer compensation with approximately 77% support (359.8 million for vs. 104.7 million against). This non-binding vote indicates shareholder sentiment on executive pay practices.
Added in current filing · verify on EDGAR →
Proposal 3 – Ratify Appointment of PricewaterhouseCoopers LLP to Serve as AIG’s Independent Auditor for 2026: The voting results were as follows: ForAgainstAbstainBroker Non-Votes 463,063,13429,719,774182,720—
Shareholders ratified the appointment of PricewaterhouseCoopers LLP as AIG's independent auditor for 2026 with approximately 94% approval (463.1 million for vs. 29.7 million against). This represents continuity in the external audit relationship.
Event · Item 9.01 — Financial Statements and Exhibits
AIG filed an 8-K attaching a press release dated May 14, 2026; no material business event disclosed in the filing body.
Added in current filing · verify on EDGAR →
Press release of American International Group, Inc., dated May 14, 2026.
AIG attached a press release dated May 14, 2026 as Exhibit 99.1. The 8-K body does not describe the press release content, so the nature of the disclosure cannot be determined from this filing alone. Investors should review Exhibit 99.1 directly to understand what was announced.
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Figures/quotes linked to EDGAR · Narrative written by AI · May 17, 2026 · How we verify