
AIG has sacked Mark Lyons from his position as interim chief financial officer (CFO) and executive vice president, global chief actuary, and head of portfolio management, after the company became aware that he violated his confidentiality/non-disclosure obligations to the firm.
These violations were unrelated to the company’s financial statements, financial reporting generally and related disclosure controls and procedures, or reserves.
In recognition of Lyons’ contributions to AIG since he joined the company in 2018, the company entered into a settlement agreement with Lyons.
Sabra Purtill has been named AIG’s interim CFO and Turab Hussain has been named AIG’s interim global chief actuary.