General Economy As Ministers And Executives Closely Monitor Economic And Market Developments
Pedestrians cross the Samuel Beckett bridge against a backdrop of the American International Group (AIG) Inc. offices in Dublin, Ireland, on Thursday, Nov. 24, 2016. Irish ministers and executives are closely monitoring economic and market developments in the U.K. because the country is Irelands largest trading partner along with the U.S. Photographer: Chris Ratcliffe/Bloomberg via Getty ImagesChris Ratcliffe — Bloomberg via Getty Images
  • Previous Rank
    49
  • Revenues ($M)
    52367
  • Revenue Percent Change
    -10.2
  • Profits ($M)
    -849
  • Profits Percent Change
    -138.7
  • Assets ($M)
    498264
  • Employees
    56400
  • Market Value — as of March 31, 2017 ($M)
    61154

AIG's C-suite faced a reckoning at the end of 2015 when four top executives left and CFO David Herzog retired. The management shakeup highlighted the tensions between the firm and its investors, including activist Carl Icahn, and the company's desire to make big changes to mollify shareholders. Fast forward to 2017 and AIG finds itself with a new CEO, Brian Duperreault, a former employee who promises to return the company to growth rather than break it up. Duperreault replaced Peter Hancock, who abruptly resigned in March after shareholders lost faith in his turnaround effort.

Company Info

CEOBrian Duperreault
CEO TitlePresident, Chief Executive Officer & Director
SectorFinancials
IndustryInsurance: Property and Casualty (Stock)
HQ LocationNew York, NY
Websitewww.aig.com
Years on Fortune 500 List23
Employees56,400

Key Financials (Last Fiscal Year)

Revenues ($M)$52,367
Profits ($M)$-849
Assets ($M)$498,264
Total Stockholder Equity ($M)$76,300
Market Value — as of March 31, 2017 ($M)$61,154

Profit Ratios

Profit as % of Revenues-1.6%
Profits as % of Assets-0.2%
Profits as % of Stockholder Equity-1.1%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)-1
EPS % Change (from 2015)-147.3%
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)-

Total Return

Total Return to Investors (2016)7.8%
Total Return to Investors (5 year, annualized)24.2%
Total Return to Investors (10 year, annualized)-24.2%