AIG Names Melissa Twiningdavis Executive Vice President, Chief Administrative Officer

Rhea-AI Summary

AIG has appointed Melissa Twiningdavis as Executive Vice President and Chief Administrative Officer, effective September 1, 2024. She will report to CEO Peter Zaffino and oversee global administrative services, including sourcing, procurement, real estate, facilities, and shared services operations. Twiningdavis joins from Accenture, where she led global Supply Chain Operations. Her experience includes roles at Precision Castparts and General Electric. AIG's CEO highlighted her ability to transform companies and drive operational excellence. Twiningdavis expressed enthusiasm for joining AIG's leadership team and contributing to its strategic priorities.

Positive

• Appointment of experienced executive to key leadership role
• Potential for operational improvements and transformation

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG), today announced that Melissa Twiningdavis has been appointed Executive Vice President, Chief Administrative Officer, effective September 1, 2024. Ms. Twiningdavis will report to AIG Chairman and Chief Executive Officer, Peter Zaffino with responsibility for global administrative services, including global sourcing and procurement, real estate and facilities, and shared services operations. She will become a member of AIG’s Executive Leadership Team and will be based in New York.

Melissa Twiningdavis (Photo: Business Wire)

“Melissa’s demonstrated ability to transform companies will benefit AIG as we continue to drive operational excellence across our company,” said Peter Zaffino, Chairman and CEO, AIG. “I look forward to welcoming Melissa to our leadership team as we advance our strategic priorities and position AIG for the future.”

“AIG’s progress to becoming a leading property and casualty insurer and top-performing global company is inspiring,” said Ms. Twiningdavis. “I am pleased to join AIG leading the dedicated global administrative services teams to further strengthen the company’s capabilities.”

Ms. Twiningdavis joins AIG from Accenture where she led the company’s global Supply Chain Operations business since January 2022. Previously, she was President at Precision Castparts Corporation, a subsidiary of Berkshire Hathaway. Ms. Twiningdavis began her career at General Electric, where she spent 20 years in various leadership roles including as Vice President and Corporate Officer, Supply Chain and Sourcing for Europe. She received dual Master of Science degrees from Tufts University, and a Bachelor of Arts in International Studies from Muhlenberg College.

About AIG

American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners. For additional information, visit www.aig.com. This website with additional information about AIG has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide operations of American International Group, Inc. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240715172009/en/

AIG:

Quentin McMillan (Investors): quentin.mcmillan@aig.com

Claire Talcott (Media): claire.talcott@aig.com

Source: American International Group, Inc.

FAQ

When will Melissa Twiningdavis start as AIG's Chief Administrative Officer?

Melissa Twiningdavis will start as AIG's Executive Vice President and Chief Administrative Officer on September 1, 2024.

What are Melissa Twiningdavis's responsibilities at AIG (NYSE: AIG)?

At AIG, Melissa Twiningdavis will be responsible for global administrative services, including global sourcing and procurement, real estate and facilities, and shared services operations.

What is Melissa Twiningdavis's previous work experience before joining AIG?

Before joining AIG, Melissa Twiningdavis led Accenture's global Supply Chain Operations business, was President at Precision Castparts , and spent 20 years at General Electric in various leadership roles.

Who will Melissa Twiningdavis report to at AIG (NYSE: AIG)?

Melissa Twiningdavis will report directly to AIG Chairman and Chief Executive Officer, Peter Zaffino.