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AIG Elects Juan Perez to its Board of Directors

1. AIG appoints Salesforce CIO Juan Perez to its Board. 2. Perez brings 30+ years of AI and digital expertise to AIG.

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FAQ

Why Neutral?

Board appointments usually have limited immediate price effects; however, Perez's tech background may foster long-term operational and digital improvements. Historical cases show tech-savvy leaders slowly enhancing competitiveness in legacy companies.

How important is it?

While not immediately transformative, Perez’s appointment signals a commitment to technology-driven strategy, potentially boosting AIG's competitive positioning in the long run.

Why Long Term?

The benefits from strategic board appointments often mature over time as digital transformation initiatives develop.

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NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Juan Perez, Executive Vice President and Chief Information Officer (CIO) of Salesforce, has been elected to its Board of Directors as an independent Director, effective immediately. With more than 30 years' experience leading strategic technology initiatives at Fortune 500 companies, Mr. Perez is a distinguished technology executive with deep expertise in artificial intelligence, data strategy and dig.

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