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
| CEO | Brian Duperreault |
| CEO Title | President, Chief Executive Officer & Director |
| Sector | Financials |
| Industry | Insurance: Property and Casualty (Stock) |
| HQ Location | New York, NY |
| Website | www.aig.com |
| Years on Fortune 500 List | 23 |
| Employees | 56,400 |
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% |
