What changed
Peter Zaffino will step down as Executive Chair and board member effective September 15, 2026, becoming a Senior Advisor. The board elected Lead Independent Director John Rice as Chair effective the same date. Rice has served on the AIG board since March 2022 and as Lead Independent Director since January 2023.
Why it matters
Peter Zaffino will step down as Executive Chair and board member effective September 15, 2026, becoming a Senior Advisor. The board elected Lead Independent Director John Rice as Chair effective the same date. Rice has served on the AIG board since March 2022 and as Lead Independent Director since January 2023.