The company said it met the requirements for the deconsolidation of Corebridge Financial, Inc. for accounting purposes on June 10, 2024. It cited the waiver of its right to include a majority of candidates and the resignation of Christopher Schaper from the Corebridge board as the basis.

1. 01

   The company said it met the requirements for the deconsolidation of Corebridge Financial, Inc. for accounting purposes on June 10, 2024. It cited the waiver of its right to include a majority of candidates and the resignation of Christopher Schaper from the Corebridge board as the basis.

2. 02

   AIG said it waived its right to include a majority of the candidates on each slate recommended by the Corebridge board to its stockholders, effective June 9, 2024. The right was based on the Separation Agreement dated September 14, 2022, as amended May 16, 2024.

3. 03

   The company said Christopher Schaper, Executive Vice President, Global Chief Underwriting Officer, resigned from the Corebridge board, after which the board was reduced to 12 directors.

4. 04

   In its press release, AIG said it owns approximately 48.35% of Corebridge Financial's common stock, and that Peter Zaffino will continue as Chairman of the Corebridge board.

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Original filing

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