Business Context and Reporting Period
This Form 8-K Current Report was filed by American International Group, Inc. (AIG) on July 16, 2008. The report addresses corporate governance changes, specifically the election of a new director and the resignation of an existing director.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial statements or performance metrics.
Material Changes
The material changes reported in this filing are limited to the composition of the Board of Directors:
- Election: Suzanne Nora Johnson was elected as a director by the Board of Directors on July 16, 2008. Her committee assignments are to be determined at a later date.
- Resignation: Richard C. Holbrooke resigned from the Board of Directors effective immediately on July 16, 2008.
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary on financial performance, risks, contingencies, or unusual items. The document serves solely to disclose the changes in board membership.
Key Facts for Investor Verification
- Verify the effective date of Richard C. Holbrooke's resignation (July 16, 2008).
- Confirm the appointment of Suzanne Nora Johnson to the Board of Directors.
- Note that committee memberships for the new director have not yet been assigned.
- Review the attached press release (Exhibit 99.1) for additional context on the board changes.