STOCK TITAN

NACD Names AIG’s Lucy Fato to its 2021 NACD Directorship 100TM Honoree List for the 4th Consecutive Year

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

American International Group (AIG) celebrates Lucy Fato's recognition in the 2021 NACD Directorship 100 as a top corporate governance leader for the fourth consecutive year. Fato, AIG's Executive VP and General Counsel, is commended for her impactful work in corporate governance. Underlining her influence in the insurance sector, CEO Peter Zaffino acknowledged her commitment to ethics and transparency, benefiting AIG's stakeholders. The NACD Directorship 100 honors influential figures enhancing boardroom practices across the industry.

Positive
  • Lucy Fato named to the NACD Directorship 100 for the fourth consecutive year, reflecting her leadership in corporate governance.
  • Recognition highlights AIG's commitment to ethics, integrity, and transparency under Lucy Fato's guidance.
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- The National Association of Corporate Directors (NACD) has named Lucy Fato, Executive Vice President, General Counsel & Global Head of Communications and Government Affairs, to its prestigious 2021 NACD Directorship 100TM honoree list for the 4th consecutive year.

The NACD is a leading authority on boardroom practices representing more than 22,000 corporate board members. The NACD Directorship 100TM honoree list is an annual recognition of leading corporate directors, corporate governance experts, policymakers, and other influencers who have made a significant impact on boardroom practices and performance.

“Once again, we congratulate Lucy for this well-deserved recognition of her significant expertise in corporate governance and boardroom best practices,” said Peter Zaffino, President and Chief Executive Officer, AIG. “Lucy exemplifies excellence in her approach and quality of work for all of AIG’s stakeholders and she sets the standard for ethics, integrity and transparency for AIG colleagues, the insurance industry and across the corporate governance community.”

In addition to her executive responsibilities at AIG, Ms. Fato is active as an insurance industry representative and a civic leader. She is a member of the Department of Financial Services (DFS) State Insurance Advisory Board and a member of the Life Insurance Council of NY (LICONY) Board of Directors.

Ms. Fato serves on the Board of Directors of Advocates for Children of New York, a non-profit organization that works to ensure a high-quality education for children who are at risk for school-based discrimination or academic failure. She also serves on the Board of Directors of the Alfred E. Smith Memorial Foundation, the Board of Trustees of the Randall’s Island Park Alliance and is as a member of the Board of the Coalition for the Homeless, the nation’s oldest advocacy and direct service organization helping homeless men, women and children.

American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in approximately 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange.

Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance www.twitter.com/AIGinsurance | LinkedIn: www.linkedin.com/company/aig. These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. 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.

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

Dana Ripley (Media): dana.ripley@aig.com

Source: American International Group, Inc.

FAQ

Who is Lucy Fato and why is she recognized in the NACD Directorship 100 for AIG?

Lucy Fato is AIG's Executive VP and General Counsel, recognized for her contributions to corporate governance in the 2021 NACD Directorship 100.

What does the NACD Directorship 100 recognition mean for AIG?

It highlights AIG's commitment to strong corporate governance and ethical leadership, enhancing its reputation in the industry.

How often is the NACD Directorship 100 list published?

The NACD Directorship 100 list is published annually, honoring leaders in corporate governance.

What is AIG's primary business focus?

AIG is a global insurance organization providing property casualty insurance, life insurance, and financial services.

American International Group, Inc.

NYSE:AIG

AIG Rankings

AIG Latest News

AIG Stock Data

44.79B
622.15M
0.26%
94.45%
1.61%
Insurance - Diversified
Fire, Marine & Casualty Insurance
Link
United States of America
NEW YORK