- American International Group ( NYSE: AIG ) named Alan Colberg, a retired CEO of Assurant ( AIZ ), and Trish Walsh, chief legal officer at Stripe ( STRIP ), will join Corebridge Financial's board effective Sept. 1.
- "The official appointment of Alan and Trish as independent directors is another important step in the process of preparing Corebridge to be a standalone public company," said Peter Zaffino, chairman and CEO of AIG and chairman of Corebridge.
- However, AIG's ( AIG ) statement said there's no assurance that a future separation will actually occur.
- Earlier this month, AIG ( AIG ) said its deferring its planned IPO of Corebridge, its rebranded Life & Retirement business, because of market volatility.
- The company originally announced in March plans to take the unit public.
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AIG prepares Corebridge for separation with two directors named to board