Business Context and Reporting Period
This Form 8-K Current Report was filed by American International Group, Inc. (AIG) on February 15, 2008. The report addresses a specific corporate governance event under Item 5.02 regarding the departure of a director.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a personnel announcement and contains no financial data.
Material Changes
On February 15, 2008, AIG was notified by Stephen L. Hammerman that he does not wish to stand for re-election to the AIG Board of Directors at the 2008 Annual Meeting of Shareholders. Mr. Hammerman cited a desire to spend more time with his family and focus on charitable endeavors as the reason for his departure.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items beyond the director's resignation.
Key Facts for Investor Verification
- Stephen L. Hammerman will not seek re-election to the AIG Board of Directors.
- The resignation is voluntary and driven by personal and charitable priorities.
- The event was reported on February 15, 2008, with the report signed on February 21, 2008.
- No financial performance data or strategic outlook is included in this specific filing.