The Board of Directors of global insurer American International Group (AIG) has elected Thomas (Tom) Stoddard as an Independent Director, effective June 1st, 2026.
Stoddard has over 35 years of senior leadership experience in the financial services sector across insurance, asset management and investment banking. He is the former Vice Chairman of Global Investment Banking at Bank of America, and currently serves on the Board of Directors of Prudential Financial, Inc.
Prior to that, Stoddard served as Group Chief Financial Officer (CFO) of Aviva plc, a British multinational insurance company. He subsequently served as the Group CFO at Athora Ltd., a European life insurance company founded by Apollo Global Management.
In the past, Stoddard has worked on deals and financing transactions at firms including Blackstone, where he was Senior Managing Director and Head of the Global Financial Institutions Group, and advised AIG, among other global financial institutions.
Earlier in his career, Stoddard co-founded and served as managing partner at Barrett Ellman Stoddard Capital Partners, a private equity investment and advisory firm, and spent more than a decade in investment banking covering financial institutions at UBS, Credit Suisse and Donaldson, Lufkin & Jenrette. He began his career as a corporate lawyer with Cravath, Swaine & Moore.
Peter Zaffino, Chairman & Chief Executive Officer, AIG, commented, “Tom’s deep expertise in property and casualty insurance and capital markets, together with his longstanding knowledge of AIG will be a very strong asset to our Board as we continue executing AIG’s strategic priorities and building on AIG’s momentum for the long term.”
John Rice, Lead Independent Director, AIG, added, “Tom is a highly accomplished finance executive whose extensive background across financial services and the global insurance industry makes him an excellent addition to the AIG Board of Directors.
“We look forward to leveraging his deep expertise in corporate governance and across the financial sector as we support AIG’s focus on delivering sustainable, long-term value for shareholders.”
Stoddard said, “Having worked very closely with AIG in the past, I am deeply honoured to join the AIG Board of Directors and eager to contribute to the company’s continued success.
“The impressive work that led to AIG’s incredible transformation and the company’s positioning as a global market leader with a strong track record of outstanding performance is a compelling vision for the future that I look forward to supporting.”
