American International Group Inc. (NYSE: AIG) announced that Thomas Stoddard has been elected to its board of directors as an independent director, effective June 1, 2026.

Stoddard brings more than 35 years of senior leadership experience in financial services across insurance, asset management and investment banking. He previously served as vice chairman of global investment banking at Bank of America.

Before Bank of America, Stoddard held chief financial officer roles at Aviva plc, a British multinational insurance company, and Athora Ltd., a European life insurance company founded by Apollo Global Management. He also worked as senior managing director and head of the global financial institutions group at Blackstone, where he advised AIG among other global financial institutions.

Earlier in his career, Stoddard co-founded Barrett Ellman Stoddard Capital Partners, a private equity investment and advisory firm, and spent more than a decade in investment banking covering financial institutions at UBS, Credit Suisse and Donaldson, Lufkin & Jenrette. He began his career as a corporate lawyer with Cravath, Swaine & Moore.

Stoddard currently serves on the board of directors of Prudential Financial Inc. He holds a bachelor's degree in economics from Swarthmore College and a law degree from the University of Chicago Law School.

The information is based on a press release statement from AIG.