AIG shareholders elect 13 Directors

AIG-Board-of-Directors

Shareholders of American International Group, Inc. (NYSE: AIG) have elected thirteen directors at the company's Annual Meeting of Shareholders. Shareholders also voted to support each of the three other proposals recommended by the AIG Board of Directors (the “Board”) and, as the Board recommended, shareholders withheld support for the shareholder proposal included in the 2019 Proxy Statement.

The results were as follows:

Nominee

 

 

Votes For

 

 

Votes Against

W. Don Cornwell

 

 

684,158,342

 

 

71,592,632

Brian Duperreault

 

 

753,501,768

 

 

2,277,104

John H. Fitzpatrick

 

 

714,038,894

 

 

41,717,668

William G. Jurgensen

 

 

713,438,281

 

 

42,319,563

Christopher S. Lynch

 

 

712,457,799

 

 

43,302,049

Henry S. Miller

 

 

693,271,413

 

 

62,492,079

Linda A. Mills

 

 

730,679,094

 

 

25,080,172

Thomas F. Motamed

 

 

753,271,849

 

 

2,482,409

Suzanne Nora Johnson

 

 

693,917,832

 

 

61,846,718

Peter R. Porrino

 

 

754,225,896

 

 

1,524,699

Amy L. Schioldager

 

 

754,213,269

 

 

1,543,706

Douglas M. Steenland

 

 

690,716,444

 

 

65,039,702

Therese M. Vaughan

 

 

754,426,195

 

 

1,334,746

(1) Elected thirteen directors as follows:

(2) Approved a non-binding advisory resolution to approve executive compensation by a vote of 399,914,774 shares for and 331,764,354 shares against.

(3) Approved a non-binding advisory resolution to hold future executive compensation advisory votes on an annual basis by a vote of 746,314,013 shares, with a vote of 650,339 shares to hold such advisory vote every two years and a vote of 8,563,663 shares to hold such advisory vote every three years.

(4) Approved ratification of the selection of PricewaterhouseCoopers LLP as AIG's independent registered public accounting firm for 2019 by a vote of 770,679,475 shares for and 27,239,140 shares against.

(5) Rejected a shareholder proposal calling for the Board to take steps to amend the AIG By-Laws to reduce the threshold for shareholders eligible to call special meetings – from shareholders who hold at least 25 percent of AIG’s outstanding common stock to shareholders who hold at least 10 percent of AIG’s outstanding common stock – by a vote of 357,143,956 shares for and 398,478,539 shares against.

CLICK HERE TO SIGN UP FOR OUR
FREE BI-WEEKLY NEWSLETTER

Latest video

AIG Video - Tips for Winning Construction with AIG

AIG’s Energy & Construction division offers clients what they need most: deep understanding of their industry, environment and operations, extensive and... click here for more