AIG shares fell 4.6% before the market on Tuesday, after the global insurance company announced that CEO Peter Zaffino will step down in mid-2026 and become the executive chairman of the board of directors. Eric Anderson was the president of Aon Group from 2020 to 2025. He will succeed Zaffino as president and CEO designate. The appointment will take effect on February 16.

AIG shares fell 4.6% before the market on Tuesday, after the global insurance company announced that CEO Peter Zaffino will step down in mid-2026 and become the executive chairman of the board of directors. Eric Anderson was the president of Aon Group from 2020 to 2025. He will succeed Zaffino as president and CEO designate. The appointment will take effect on February 16.