Douglas Steenland - American International Independent Chairman of the Board

AIG Stock  USD 75.99  0.00  0.00%   

Chairman

Mr. Douglas M. Steenland is Independent Chairman of the Board of American International Group Inc. He is the former Chief Executive Officer of Northwest Airlines Corporationrationration, serving from 2004 to 2008, and President, serving from 2001 to 2004. Prior to that, he served in a number of Northwest Airlines executive positions after joining Northwest Airlines in 1991, including Executive Vice President, Chief Corporationrationrate Officer and Senior Vice President and General Counsel. Mr. Steenland retired from Northwest Airlines upon its merger with Delta Air Lines, Inc. Prior to joining Northwest Airlines, Mr. Steenland was a senior partner at a Washington, D.C. law firm that is now part of DLA Piper. KEY EXPERIENCE AND QUALIFICATIONS In light of Mr. Steenlands experience in managing large, complex, international institutions and his experience in strategic business transformations, AIGs Board has concluded that Mr. Steenland should be reelected to the Board. since 2021.
Age 69
Tenure 3 years
Address 1271 Avenue of the Americas, New York, NY, United States, 10020
Phone212 770 7000
Webhttps://www.aig.com
Steenland is currently a director of Travelport Limited, where he serves as Chairman of the Board and Chairman of the Nominating and Corporationrationrationrate Governance Committee, Performance Food Group Company, where he serves as Chairman of the Board and a member of the Audit Committee and the Compensation Committee, and Hilton Worldwide Holdings Inc., where he serves as a member of the Audit and Nominating and Corporationrationrationrate Governance Committees. In the past five years, Mr. Steenland has also served as a director of Chrysler Group LLC, where he served as Chairman of the Audit Committee, International Lease Finance Corporationration, a former AIG subsidiary, now a part of AerCap Holdings N.V., and Digital River, Inc., where he was Chairman of the Compensation Committee and served on the Finance and Nominating and Corporationrationrationrate Governance Committees.

American International Management Efficiency

At this time, American International's Return On Tangible Assets are most likely to slightly decrease in the upcoming years. The American International's current Return On Assets is estimated to increase to 0.01, while Return On Capital Employed is projected to decrease to 0.01. At this time, American International's Net Tangible Assets are most likely to decrease significantly in the upcoming years. The American International's current Return On Tangible Assets is estimated to increase to 0.01, while Non Current Assets Total are projected to decrease to roughly 204.7 B. American International's management efficiency ratios could be used to measure how well American International manages its routine affairs as well as how well it operates its assets and liabilities.
American International Group has 22.39 B in debt with debt to equity (D/E) ratio of 0.74, which is OK given its current industry classification. American International has a current ratio of 0.77, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for American to invest in growth at high rates of return.

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American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. The company was founded in 1919 and is headquartered in New York, New York. American International operates under InsuranceDiversified classification in the United States and is traded on New York Stock Exchange. It employs 36600 people. American International Group (AIG) is traded on New York Stock Exchange in USA. It is located in 1271 Avenue of the Americas, New York, NY, United States, 10020 and employs 25,000 people. American International is listed under Multi-line Insurance category by Fama And French industry classification.

Management Performance

American International Leadership Team

Elected by the shareholders, the American International's board of directors comprises two types of representatives: American International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of American. The board's role is to monitor American International's management team and ensure that shareholders' interests are well served. American International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, American International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gerald Yeung, Global Operations
Peter Zaffino, President, Executive Vice President, Chief Executive Officer - General Insurance and Global Chief Operating Officer
Therese Vaughan, Independent Director
Mark Sperring, Head Aerospace
Elaine Rocha, Global Chief Investment Officer
Sabra CFA, Executive CFO
Seraina Macia, Executive Vice President, Chief Executive Officer - Blackboard
Lucy Fato, Executive Vice President - Global Head of Communications and Government Affairs, General Counsel
Thomas Motamed, Independent Director
Rose JD, Executive Counsel
Melissa Twiningdavis, Executive Officer
Constance Hunter, Executive Vice President - Global Head of Strategy and ESG
Kathleen Carbone, Chief Accounting Officer, Vice President
Brian Duperreault, President, Chief Executive Officer, Director
Peter Porrino, Independent Director
Roshan Navagamuwa, Executive Officer
Lisa Buckingham, Executive Vice President Global Head - AIG Enterprise Design and Life & Retirement Separation Initiatives
Turab Hussain, Interim Actuary
Douglas Steenland, Independent Chairman of the Board
Shane Fitzsimons, Executive Vice President Chief Administrative Officer
Alessandrea Quane, Executive Vice President, Chief Risk Officer
Keith Walsh, Executive CFO
Naohiro Mouri, Executive Vice President Chief Auditor
Thomas Leonardi, Executive Vice President - Government Affairs, Public Policy and Communications
Mark Lyons, Executive Vice President, Global Chief Actuary and Head of Portfolio Management
Amy Schioldager, Independent Director
Ted Devine, Global Head of AIG 200
Edward Dandridge, Executive Officer
Rose Glazer, Chief Human Resource Officer, Executive Vice President Corporate Secretary
David McElroy, Executive Vice President, Chief Executive Officer, General Insurance
Luciana Esq, Gen VP
Adam Burk, Global Development
Christopher Lynch, Independent Director
Marilyn Hirsch, Senior Vice President Treasurer
Wayne Abraham, Managing Operations
Sabra Purtill, Executive Vice President, Chief Investment Officer - Life & Retirement business
Karen Nelson, Chief Officer
Jon Hancock, Chief Executive Officer - International General Insurance
Karen Ling, Chief Human Resource Officer, Executive Vice President
Wyllie Cornwell, Independent Director
Kevin Hogan, Executive Vice President, Chief Executive Officer - Life & Retirement
Douglas Dachille, Executive Vice President, Chief Investment Officer
Kean Driscoll, Chief Underwriting Officer - General Insurance
Henry Miller, Independent Director
John Rice, Independent Director
Linda Mills, Independent Director
Dana Ripley, Vice President Global Head - Media & External Communications
Claude Wade, Executive Vice President Global Head of Operations & Shared Services and Chief Digital Officer
John Repko, Executive Vice President, Chief Information Officer
Elias Habayeb, Senior Vice President, Deputy Chief Financial Officer, Chief Accounting Officer
Quentin McMillan, MD VP
Tom Bolt, Chief Underwriting Officer, General Insurance
William Jurgensen, Independent Director
John Fitzpatrick, Independent Director
James Cole, Independent Director
Mia Tarpey, Head Divestitures
David Hawksby, Chief Construction

American Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is American International a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether American International is a strong investment it is important to analyze American International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American International's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Multi-line Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American International. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.75)
Dividend Share
1.52
Earnings Share
5.03
Revenue Per Share
67.45
Quarterly Revenue Growth
(0.09)
The market value of American International is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American International's value that differs from its market value or its book value, called intrinsic value, which is American International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American International's market value can be influenced by many factors that don't directly affect American International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American International's value and its price as these two are different measures arrived at by different means. Investors typically determine if American International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.