Business Context and Reporting Period
This Form 8-K Current Report was filed by American International Group, Inc. (AIG) on December 9, 2021. The filing addresses corporate governance and management changes under Item 5.02.
Key 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 appointments and does not contain financial performance data.
Material Changes
The primary material change reported is the appointment of a senior executive officer:
- Appointee: Kathleen Carbone, age 50.
- New Role: Vice President and Chief Accounting Officer (Principal Accounting Officer).
- Effective Date: March 1, 2022.
- Previous Role at AIG: Vice President - Finance (since May 2021).
Management Commentary and Background
Ms. Carbone brings extensive experience to the role, having previously served as Chief Accounting Officer at Enstar Group Limited (December 2020 – May 2021). Her tenure at AIG prior to her current role includes positions as Group Controller (2018–2020), Corporate Controller (2016–2018), and Senior Director of SEC Reporting and Analytics (2015–2016). Before joining AIG in 2012, she worked for PriceWaterhouseCoopers LLP for nearly 12 years.
The filing confirms there are no arrangements or understandings between Ms. Carbone and any other person regarding her appointment, no family relationships with directors or officers, and no direct or indirect interests in transactions requiring disclosure under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Verify the effective date of the Chief Accounting Officer appointment (March 1, 2022).
- Confirm Ms. Carbone's prior regulatory reporting experience at Enstar Group Limited and PriceWaterhouseCoopers.
- Review subsequent filings for any changes to the Company's principal accounting officer status prior to the effective date.