AMERICAN INTERNATIONAL GROUP, INC. 8-K

What Happened

• AIG announced on May 13, 2026 that the Board appointed Thomas D. Stoddard as a director effective June 1, 2026. Mr. Stoddard will serve on AIG’s Audit Committee and has been designated independent under NYSE standards. The company disclosed there are no arrangements or family relationships connected to his appointment.
• At the same Annual Meeting (May 13, 2026) AIG reported the shareholder vote results: all nominees were elected to the Board, the advisory (say‑on‑pay) vote to approve executive compensation was approved, and PricewaterhouseCoopers LLP was ratified as AIG’s 2026 independent auditor.

Key Details

• Director appointment effective: June 1, 2026 — Thomas D. Stoddard to Audit Committee; independent under NYSE rules.
• Board elections: all nominees elected; sample vote tallies included James Cole, Jr. — 461,745,104 FOR; John (Chris) Inglis — 464,807,207 FOR; Linda A. Mills — 413,428,551 FOR with 51,680,818 AGAINST. Broker non‑votes: 27,587,076.
• Advisory vote on named executive officer compensation: 359,800,583 FOR, 104,658,356 AGAINST, 919,613 ABSTAIN.
• Auditor ratification: PwC ratified with 463,063,134 FOR and 29,719,774 AGAINST.
• AIG attached a press release (Exhibit 99.1) to the Form 8‑K announcing the appointment.

Why It Matters

• Board composition and independence: adding an independent director to the Audit Committee can affect oversight of financial reporting and risk controls, which investors watch closely.
• Shareholder sentiment: the say‑on‑pay and director vote tallies provide a direct measure of investor approval for management and governance; while both passed, several directors recorded meaningful opposition levels that investors may monitor.
• Auditor continuity: ratifying PwC confirms AIG’s external audit arrangement for 2026, an important factor for financial statement reliability.