AIG American International Group Inc.

AIG Names Adam Burk Global Treasurer and Head of Corporate Development

American International Group, Inc. (NYSE: AIG) today announced the appointment of Adam Burk as Global Treasurer and Head of Corporate Development, effective immediately. He will continue to report to Sabra Purtill, Executive Vice President, Chief Financial Officer, with responsibility for AIG’s global treasury activities, including capital management, banking and rating agency relations, global capital markets, liquidity management, and cash management, in addition to his current role leading the Corporate Development and Strategy team.

This press release features multimedia. View the full release here:

Adam Burk (Photo: Business Wire)

Adam Burk (Photo: Business Wire)

“Adam is an accomplished financial executive who has contributed to many important initiatives that helped to strengthen AIG’s balance sheet and enhance our financial flexibility as we repositioned AIG as a leading global property and casualty insurer,” said Ms. Purtill, Executive Vice President, Chief Financial Officer, AIG. “I look forward to working closely with Adam in this expanded leadership role.”

“I am pleased to take on these important responsibilities working very closely with our teams across AIG to deliver on our capital management goals and support the company’s strategic initiatives to deliver value for our stakeholders,” said Mr. Burk.

Since June 2021, Mr. Burk has served as the Head of Corporate Development, Strategy and Mergers & Acquisitions for AIG. During his tenure, he has held several leadership positions at the company, including Chief Financial Officer of Global Operations and senior roles in capital strategy and planning. Mr. Burk joined AIG in 2013, from investment banking, where he focused on financial institutions specializing in insurance at Citigroup, Nomura, and Morgan Stanley. Previously, Adam practiced corporate law at Latham & Watkins, in mergers & acquisitions and corporate finance. Mr. Burk serves on the board of directors of Corebridge Financial, Private Client Select and K2 Integrity.

Mr. Burk received his Juris Doctorate from University of Pennsylvania Carey Law School, and a Bachelor of Business Administration in Finance from the University of Michigan - Stephen M. Ross School of Business.

About AIG

American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners. For additional information, visit . This website with additional information about AIG has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide operations of American International Group, Inc. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

EN
08/07/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on American International Group Inc.

Moody’s Ratings assigns Baa2 ratings to AIG’s yen senior notes

New York , November 20, 2024 – Moody's Ratings (Moody's) has assigned Baa2 ratings to ¥100 billion (approximately $647 million) of senior unsecured notes being issued by American International Group, Inc. (NYSE: AIG) in three tranches. The notes are being issued off AIG's multi-purpose shelf registr...

 PRESS RELEASE

AIG Appoints Christopher Schaper Chief Risk Officer

NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today announced that Christopher Schaper has been appointed Chief Risk Officer of AIG, effective immediately. Mr. Schaper will continue to report to Peter Zaffino, AIG Chairman & Chief Executive Officer and will continue to serve on AIG’s Executive Leadership Team. This press release features multimedia. View the full release here: Christopher Schaper (Photo: Business Wire) Mr. Schaper has held the role of Chief Risk Officer on an interim basis since September 2024, while also serving as AIG’s Global Chief Underwriting...

 PRESS RELEASE

AIG Elects Courtney Leimkuhler to its Board of Directors

NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today announced that Courtney Leimkuhler, co-founder and Managing Partner of the venture fund, Springbank, has been elected to its Board of Directors as an independent Director, effective November 5, 2024. This press release features multimedia. View the full release here: Courtney Leimkuhler (Photo: Business Wire) Ms. Leimkuhler is a highly accomplished executive who previously held positions at Goldman Sachs, NYSE Euronext and MarshMcLennan. Ms. Leimkuhler began her career in investment banking at Goldman Sachs, befor...

 PRESS RELEASE

AIG Reports Excellent Third Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today reported financial results for the third quarter ended September 30, 2024. AIG Chairman & Chief Executive Officer Peter Zaffino said: “AIG delivered excellent third quarter financial results with strong profitability and growth across our businesses highlighting the quality of the underwriting portfolio and our ability to deliver consistent earnings. The adjusted after-tax income per diluted share was $1.23 for the third quarter, an 18% increase year-over-year, or 31% on a comparable basis†. These results demonst...

 PRESS RELEASE

AIG to Expand Its Atlanta Footprint with New Innovation Hub and More T...

NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today announced plans to consolidate and expand its Atlanta-area footprint with the relocation of its Alpharetta and Buckhead operations to a new innovation hub at 2002 Summit Boulevard Northeast in Brookhaven, Georgia. The Company is designing a collaborative workspace that will accommodate current employees and more than 600 new local hires. AIG is expanding its operations in Atlanta and hiring local talent for various roles across underwriting, claims, operations, data engineering and AI. The new hub will enable the...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch