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AIG’s Board elects two new independent Directors

27th February 2023 - Author: Jack Willard

American International Group (AIG), a leading global insurance organisation, has announced that its Board of Directors has elected Diana Murphy and Vanessa Wittman as independent Directors of the company.

Both appointments are effective March 16, 2023.

An experienced veteran within the industry, Murphy has served as a Managing Director at private equity firm Rocksolid Holdings, LLC for the past 15 years.

Throughout her career, Murphy has held multiple executive positions with the Georgia Research Alliance, Chartwell Capital Management, Inc. and Tribune Media Company.

Currently, Murphy serves as a Director and Non-Executive Chair of Landstar System, Inc. and as a Director and Chair of the Corporate Governance and Nominating Committee of Synovus Financial Corp.

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In addition, Wittman most recently held the role of Chief Financial Officer (CFO) at Glossier – a digital-first beauty company.

Previously in her career, Wittman served as CFO of Oath, a subsidiary of Verizon; Dropbox; Motorola Mobility, a subsidiary of Google; and Marsh McLennan.

Currently, Wittman serves as a Director and Chair of the Audit Committee of both Booking Holdings, Inc. and Oscar Health, Inc.

Addressing the appointments, Peter Zaffino, Chairman & Chief Executive Officer, AIG, said: “Diana and Vanessa have extensive and diverse executive and board experience, and we are delighted that they will join the AIG Board.

“Diana brings significant business acumen, a track record of leading complex companies through strategic and organizational change, and a deep commitment to community service. Vanessa has an outstanding reputation and deep expertise as a results-driven financial expert, having served in executive finance roles at global organizations across a range of industries.

“On behalf of the Board of Directors, I look forward to welcoming them to AIG and to their future contributions as Directors as we continue our journey to become a top performing company.”

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