Plus   Neg

AIG Nominates Three New Director Candidates

American International Group Inc. (AIG) announced that its board has nominated three new director candidates for election at AIG's 2019 Annual Meeting of Shareholders.

The nominees, who will join ten current directors standing for re-election, are:
Peter Porrino, former Executive Vice President and Chief Financial Officer of XL Group Ltd; Amy Schioldager, former Senior Managing Director and Global Head of Beta Strategies at BlackRock; Therese Vaughan, former CEO of the National Association of Insurance Commissioners and the Robb Kelley Visiting Distinguished Professor and former Dean of the College of Business and Public Administration at Drake University.

The company noted that current directors Theresa Stone and Ronald Rittenmeyer will not be standing for re-election at the 2019 Annual Meeting. Stone is retiring as she will have reached the general retirement age under AIG's corporate governance guidelines, and Rittenmeyer has advised he will not stand for re-election given his other professional commitments.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Swedish digital music service Spotify announced the launch of its standalone Kids application Spotify Kids app in the U.S., Canada, and France. Spotify Kids app in beta is designed specifically for kids aged three and older. It offers more than 125 playlists. With the ad-free app, young listeners can explore sing-alongs, soundtracks, and stories on their own or with their families. BodySphere Inc. said the U.S. Food and Drug Administration has issued Emergency Use Authorization for its Two-Minute Testing Kit COVID-19 IgG/IgM Rapid Test Cassette, to diagnose the novel coronavirus. The company is working with State and Federal governments to deliver tests across the country directly to the front lines, as the United States is facing a surge in the coronavirus cases. Xerox Holdings Corp. (XRX) dropped its $24 per share hostile bid to acquire HP Inc. (HPQ), citing the current global health crisis and economic uncertainty caused by the COVID-19 pandemic.
Follow RTT