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American International Group Executive Compensation (FY25)

AIG · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 14, 2026
396 figures on this page: 390 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
Peter Zaffino, Chairman & Chief Executive Officer, received $32,460,049 in total compensation for fiscal 2025, and Zaffino's total was 31.7% higher than the $24,638,373 reported for fiscal 2024. The company reported a chief executive pay ratio of 346:1 for fiscal 2025, against median employee compensation of $93,766. For fiscal 2025, shareholders backed the say-on-pay proposal with 77.5% of votes cast for or against in favor at the meeting held May 13, 2026. Companies named in the disclosed peer group include American Express Company, Bank of America Corporation, BlackRock, Inc., Capital One Financial Corporation and Chubb Limited, among others.
Chief executive, fiscal 2025
◇
Peter Zaffino
Latest say-on-pay support
=
May 13, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Peter Zaffino: $24,638,373 → $32,460,049 (31.7% higher)
CEO pay ratio: 300:1 → 346:1 (15.3% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is American International Group's chief executive and what were they paid?
Peter Zaffino, Chairman & Chief Executive Officer, received $32,460,049 in total compensation for fiscal 2025. Zaffino's total was 31.7% higher than the $24,638,373 reported for fiscal 2024.
What was American International Group's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 77.5% of votes cast for or against in favor at the meeting held May 13, 2026.
Which companies are in American International Group's peer group?
Companies named in the disclosed peer group include American Express Company, Bank of America Corporation, BlackRock, Inc., Capital One Financial Corporation and Chubb Limited, among others.
What is American International Group's chief executive pay ratio?
The company reported a chief executive pay ratio of 346:1 for fiscal 2025, against median employee compensation of $93,766.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter Zaffino
Chairman & Chief Executive Officer
◇—◇◇◇—◇◇
Shane Fitzsimons
Former Executive Vice President & Chief Financial Officer
Departed during or after this year
◇—◇◇◇—◇◇
David McElroy
Executive Vice President & Chairman, General Insurance
◇—◇◇◇—◇◇
Kevin Hogan
Chief Executive Officer, Corebridge Financial, Inc.
◇—◇◇◇◇◇◇
Lucy Fato
Former Vice Chair
Departed during or after this year
◇—◇◇◇—◇◇
Claude Wade
Executive Vice President & Chief Digital Officer and Global Head of Business Operations & Claims
◇◇◇◇◇—◇◇
Sabra Purtill
Executive Vice President & Chief Financial Officer
◇◇◇◇◇—◇◇
Mark Lyons
Former Executive Vice President & Interim Chief Financial Officer
Departed during or after this year
Served on an interim basis
◇—————◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter Zaffino
Chairman & Chief Executive Officer
◇—◇◇◇—◇◇
Claude Wade
Executive Vice President & Chief Digital Officer and Global Head of Business Operations & Claims
◇◇◇◇◇—◇◇
Jonathan Hancock
Executive Vice President & Chief Executive Officer, International Commercial and Global Personal Insurance
◇—◇◇◇—◇◇
Charles Fry
Executive Vice President, Capital Risk Optimization
◇—◇◇◇—◇◇
Sabra Purtill
Former Executive Vice President & Chief Financial Officer
Departed during or after this year
◇—◇◇◇—◇◇
Keith Walsh
Executive Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter Zaffino
Chairman & Chief Executive Officer
◇—◇◇◇—◇◇
Jonathan Hancock
Executive Vice President, Chief Executive Officer, General Insurance
◇—◇◇◇—◇◇
Keith Walsh
Executive Vice President, Chief Financial Officer
◇◇◇◇◇—◇◇
Claude Wade
Executive Vice President & Chief Digital Officer and Global Head of Business Operations & Claims
◇—◇◇◇—◇◇
Rose Marie Glazer
Executive Vice President & General Counsel
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Claude WadeOPTION◇——◇—◇◇
Claude WadePSU◇◇◇—◇—◇
Claude WadeRSU◇——◇——◇
Jonathan HancockPSU◇◇◇—◇—◇
Jonathan HancockRSU◇——◇——◇
Jonathan HancockOPTION◇——◇—◇◇
Keith WalshPSU◇◇◇—◇—◇
Keith WalshOPTION◇——◇—◇◇
Keith WalshRSU◇——◇——◇
Peter ZaffinoOPTION◇——◇—◇◇
Peter ZaffinoPSU◇◇◇—◇—◇
Rose Marie GlazerRSU◇——◇——◇
Rose Marie GlazerPSU◇◇◇—◇—◇
Rose Marie GlazerOPTION◇——◇—◇◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Rose GlazerOption◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Peter ZaffinoOption◇—◇—
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Jonathan HancockOption◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Keith WalshRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
Claude WadeOption◇—◇—
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John G. Rice
Lead independent director
◇◇———◇◇
Vanessa A. Wittman
◇◇———◇◇
Peter R. Porrino
◇◇———◇◇
Linda A. Mills
◇◇———◇◇
James Cole Jr
◇◇———◇◇
Juan R. Perez
◇◇————◇
James Dunne III
◇◇———◇◇
John (Chris) Inglis
◇◇———◇◇
Courtney Leimkuhler
◇◇————◇
Diana M. Murphy
◇◇————◇
Paola Bergamaschi
◇◇————◇
Peter Zaffino served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee member◇
Compensation committee member◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • American Express Company AXP
  • Bank of America Corporation BAC
  • BlackRock, Inc. BLK
  • Capital One Financial Corporation COF
  • Chubb Limited CB
  • Citigroup Inc. C
  • JPMorgan Chase & Co. JPM
  • Manulife Financial Corporation MFC
  • Marsh & McLennan Companies, Inc. MRSH
  • MetLife, Inc. MET
  • Prudential Financial, Inc. PRU
  • The Allstate Corporation ALL
  • The Cigna Group CI
  • The Progressive Corporation PGR
  • The Travelers Companies, Inc. TRV
  • U.S. Bancorp USB
  • Wells Fargo & Company WFC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 13, 2026=◇◇◇
2024May 14, 2025=◇◇◇
2023May 15, 2024=◇◇◇
2022May 10, 2023=◇◇◇
2021May 11, 2022=◇◇◇
2020May 12, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact American International Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where American International Group sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
396 figures on this page: 390 cited to the filing that reported them, 6 calculated from figures it prints.
390 cited to the filing
6 calculated from the filing

Documents cited

  1. 0000005272-26-000066
    Item 5.07. Submission of Matters to a Vote of Security Holders.
  2. 0000005272-26-000039
    2025 Independent Director Compensation · 2025 Summary Compensation Table · Director Compensation · Grants of Plan-Based Awards · and 2 more sections
  3. 0000005272-25-000057
    Item 5.07. Submission of Matters to a Vote of Security Holders.
  4. 0000005272-25-000025
    2024 Summary Compensation Table
  5. 0000005272-24-000055
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000005272-24-000034
    2023 Summary Compensation Table
  7. 0001104659-23-060937
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001104659-22-060258
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001104659-21-066075
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Velarion, “American International Group executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/AIG (accessed 2026).
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Insurance rankings

Chief executive pay — InsuranceCEO pay ratio — InsuranceSay-on-pay support — Insurance

Peers American International Group discloses

The companies named in AIG's own disclosed peer group.

American Express CompanyBank of America CorporationBlackRock, Inc.Capital One Financial CorporationChubb LimitedCitigroup Inc.JPMorgan Chase & Co.Marsh & McLennan Companies, Inc.MetLife, Inc.Prudential Financial, Inc.The Allstate CorporationThe Progressive CorporationThe Travelers Companies, Inc.U.S. BancorpWells Fargo & Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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