55 - AIG

Pedestrians cross the Samuel Beckett bridge against a backdrop of the American International Group (AIG) Inc. offices in Dublin, Ireland, on Thursday, Nov. 24, 2016. Irish ministers and executives are closely monitoring economic and market developments in the U.K. because the country is Irelands largest trading partner along with the U.S. Photographer: Chris Ratcliffe/Bloomberg via Getty Images Chris Ratcliffe — Bloomberg via Getty Images

AIG’s C-suite faced a reckoning at the end of 2015 when four top executives left and CFO David Herzog retired. The management shakeup highlighted the tensions between the firm and its investors, including activist Carl Icahn, and the company’s desire to make big changes to mollify shareholders. Fast forward to 2017 and AIG finds itself with a new CEO, Brian Duperreault, a former employee who promises to return the company to growth rather than break it up. Duperreault replaced Peter Hancock, who abruptly resigned in March after shareholders lost faith in his turnaround effort.

Read more!

Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$52367
Revenue Percent Change-10.2%
Profits ($M)$-849.0
Profits Percent Change-138.7%
Assets ($M)$498264
Market Value — as of March 31, 2017 ($M)$61,154
Previous Rank49

Company Facts

IndustryInsurance: Property and Casualty (Stock)
HQ LocationNew York, NY
CEOBrian Duperreault
CEO Title-
Years on Fortune 500 List23

See Full List

Read more!