American International Group announced that it terminated Mark Lyons from his position as AIG's Interim Chief Financial Officer after the Company became aware that he violated his confidentiality/non-disclosure obligations to the Company. These violations were unrelated to the Company's financial statements, financial reporting generally and related disclosure controls and procedures, or reserves. In recognition of Mr. Lyons' contributions to AIG since he joined the Company in 2018, the Company entered into a settlement agreement with Mr. Lyons.

Sabra Purtill has been named AIG's Interim Chief Financial Officer. Ms. Purtill previously served as Chief Investment Officer of Corebridge Financial. Prior to that, she was AIG's Executive Vice President and Chief Risk Officer and Deputy Chief Financial Officer.

Before joining AIG, Ms. Purtill held senior leadership roles in Finance and Investor Relations at The Hartford Financial Services Group, Inc., Assured Guaranty Ltd. and ACE Limited (now Chubb Limited).