AIG stock drops 6% after CEO Zaffino flags mid-2026 exit, Andersen named CEO-elect
AIG shares fell 6.2% to $79.13 after the company announced CEO Peter Zaffino will retire by mid-2026, with former Aon executive Eric Andersen set to join as president and CEO-elect on Feb. 16. Analysts cited uncertainty over the transition. The stock dropped below its 50-day moving average. AIG shares had gained about 20% in 2025.