Eric Andersen
President & Chief Executive Officer
Executive
0 yr
15 reports
Leadership change Jonathan Hancock became CEO, General Insurance · DEF 14A, 2025-03-30
American International Group, Inc. ·AIG
CEO transition creates rare CEO–Executive Chair split
Insurance · Fortune #80 · Divisional structure · 25K employees · New York, NY
View as of:
6
CEO span
↓ tighter than peers (avg 10)
2.2
Avg span
tight
3
Max depth
3 levels
2.2 yr
Avg tenure
↓ 1.6yr from FY2024
50%
Internal hires
near industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$26.8B
Net income
$3.1B
Total assets
$161.3B
Shares out
537M
Sourced from American International Group, Inc. DEF 14A · filed 2026-03-31 ↗ View on SEC
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American International Group, Inc. organizational chart
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CEO transition creates a rare CEO–Executive Chair split at AIG, with Eric Andersen taking over operations while Peter Zaffino remains Executive Chair. This page maps AIG’s divisional structure, executive team, recent leadership changes, and peer comparisons during the 2026 transition.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Eric Andersen joined as President & CEO
Appointed President and CEO effective June 1, 2026.
Source · See change logScenario views in the chart
- Add Chief AI Officer Create a dedicated Chief AI Officer role to centralize AI strategy and governance across underwriting, claims, and operations.
- Executive Chair Retires Executive Chair role is eliminated, consolidating leadership authority fully under the CEO.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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The people
Who's running this
7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Jonathan Hancock
Executive Vice President & CEO, General Insurance
General Insurance
2 yr
3 reports
internal
Claude Wade
Executive Vice President & Chief Digital Officer; Global Head of Business Operations & Claims
Operations & Digital
3 yr
3 reports
Keith Walsh
Executive Vice President & Chief Financial Officer
Finance
2 yr
2 reports
internal
Rose Marie Glazer
Executive Vice President & General Counsel
Legal
1 yr
1 reports
internal
Peter Zaffino
Executive Chair of the Board
Board
5 yr
0 reports
internal
Christina Banthin
Senior Vice President & Corporate Secretary
Corporate Governance
4 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 5 named executive officers disclosed. Bar length scales with total compensation.
Peter Zaffino $32.5M
- Base salary
- $1.50M
- Stock awards
- $14.08M
- Option awards
- $4.37M
- Non-equity incentive
- $12.00M
- Other
- $500K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Keith Walsh $7.5M
- Base salary
- $1.00M
- Stock awards
- $1.96M
- Option awards
- $625K
- Non-equity incentive
- $2.60M
- Other
- $95K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Rose Marie Glazer $6.7M
- Base salary
- $1.00M
- Stock awards
- $1.96M
- Option awards
- $625K
- Non-equity incentive
- $3.00M
- Other
- $75K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Jonathan Hancock $8.0M
- Base salary
- $1.08M
- Stock awards
- $2.30M
- Option awards
- $733K
- Non-equity incentive
- $3.78M
- Other
- $108K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Claude Wade $6.7M
- Base salary
- $1.00M
- Stock awards
- $1.57M
- Option awards
- $500K
- Non-equity incentive
- $3.55M
- Other
- $82K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The businesses
How American International Group, Inc. divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
General Insurance
18K employees
CEO, General Insurance (Jonathan Hancock)
Core property and casualty underwriting, claims, and reinsurance operations worldwide.
Finance
2K employees
CFO (Keith Walsh)
Financial planning, reporting, treasury, and capital management.
Legal & Compliance
800 employees
General Counsel (Rose Marie Glazer)
Legal affairs, regulatory compliance, and corporate governance.
Digital & Operations
3K employees
Chief Digital Officer (Claude Wade)
Technology platforms, data, operations, and global claims infrastructure.
The thesis
Why this org is unusual
The most distinctive feature of AIG’s current organization is the separation of the CEO and Chair roles, with Peter Zaffino moving to Executive Chair as Eric Andersen assumes the CEO position in mid‑2026.
This creates an uncommon dual‑leadership dynamic among large U.S. insurers, especially during an active transformation phase.
Structurally, AIG remains divisional, with General Insurance led as a distinct operating business under Jonathan Hancock, while finance, legal, and digital/operations functions report directly to the CEO. The CEO span of control is relatively tight, reflecting a desire for direct oversight during leadership transition.
The presence of a powerful Executive Chair suggests continued strategic continuity and board engagement, while operational authority consolidates under the new CEO. This structure balances stability with succession.
- CEO and Chair roles separated
- General Insurance run as primary operating division
The comparison
How American International Group, Inc. stacks up
Compared with peers like Travelers, Chubb, and Zurich, AIG’s CEO–Executive Chair split is unusual; most peers combine the roles or use a non‑executive chair. AIG’s divisional emphasis on General Insurance mirrors peers, but its elevated digital/operations role reporting directly to the CEO is more pronounced. Relative …
C-suite size
American International Group, Inc.
7
Chubb
9
Zurich Insurance Group
10
11
Reporting depth
American International Group, Inc.
3 levels
4 levels
Chubb
5 levels
Zurich Insurance Group
5 levels
6 levels
6 levels
Avg C-suite tenure
American International Group, Inc.
2 yr
6 yr
Chubb
7 yr
Zurich Insurance Group
6 yr
5 yr
Has COO / Has CAIO
American International Group, Inc. — no COO — no CAIO
Chubb ✓ COO — no CAIO
Zurich Insurance Group ✓ COO — no CAIO
Current signals
What changed recently
AIG separated the CEO and Chair roles in 2026, naming Eric Andersen CEO and moving Peter Zaffino to Executive Chair.
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-03-31
- CEO
- Peter Zaffino
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 3.2 yr
Leadership centered on a combined Chair/CEO role during transformation.
Named executive officers (5)
- Peter Zaffino - Chairman & CEO since 2021
- Keith Walsh - CFO since 2024
- Rose Marie Glazer - General Counsel since 2025
- Jonathan Hancock - CEO, General Insurance since 2024
- Claude Wade - Chief Digital Officer since 2023
FY2024
DEF 14A filed 2025-03-30
- CEO
- Peter Zaffino
- CEO span
- 4
- C-suite
- 4
- Avg tenure
- 3.8 yr
C-suite expanding with finance and insurance leadership changes.
Named executive officers (4)
- Peter Zaffino - Chairman & CEO since 2021
- Keith Walsh - CFO since 2024
- Jonathan Hancock - CEO, General Insurance since 2024
- Claude Wade - Chief Digital Officer since 2023
FY2023
DEF 14A filed 2024-03-29
- CEO
- Peter Zaffino
- CEO span
- 3
- C-suite
- 3
- Avg tenure
- 4.5 yr
Lean executive team focused on digital and cultural transformation.
Named executive officers (3)
- Peter Zaffino - Chairman & CEO since 2021
- Claude Wade - Chief Digital Officer since 2023
- Kevin Hogan - Chief Human Resources Officer since 2019
Year-over-year changes
AIG expanded its executive team, adding finance and insurance leadership.
- CEO span: 3 → 4
- C-suite size: 3 → 4
- Avg tenure: 4.5 → 3.8 yr
- new Keith Walsh - Chief Financial Officer (DEF 14A, 2025-03-30)
- new Jonathan Hancock - CEO, General Insurance (DEF 14A, 2025-03-30)
Legal leadership was elevated to the C-suite, increasing CEO span.
- CEO span: 4 → 5
- C-suite size: 4 → 5
- Avg tenure: 3.8 → 3.2 yr
- new Rose Marie Glazer - General Counsel (DEF 14A, 2026-03-31)
Frequently Asked Questions
Who is the CEO of American International Group?
Eric Andersen became President and CEO effective June 1, 2026, following his appointment announced in April 2026.
What type of organizational structure does American International Group use?
AIG uses a divisional structure, with General Insurance operating as its primary business division.
How many direct reports does American International Group's CEO have?
The CEO has six direct reports, including the CFO, General Counsel, and CEO of General Insurance.
How has American International Group's leadership changed recently?
In 2026, AIG appointed a new CEO and separated the Chair and CEO roles, with Peter Zaffino becoming Executive Chair.
Does American International Group have a COO?
AIG does not have a traditional COO; operational responsibilities are largely consolidated under the Chief Digital Officer and business leaders.
Sources
- 8-K Filing, Apr 27, 2026
- 8-K Filing, Mar 16, 2026
- SEC EDGAR: American International Group, Inc. DEF 14A Proxy Statement
- SEC EDGAR: American International Group, Inc. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). American International Group, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/aig/MLA 9th
"American International Group, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/aig/. Accessed .Chicago 17
Creately. "American International Group, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/aig/.Original SEC source View on SEC ↗
American International Group, Inc.. DEF 14A. Filed 2026-03-31. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/5272/000000527226000039/aig-20260331.htmPermanent URL: https://creately.com/org-chart/fortune-500/aig/ · last updated 2026-04-01