AIG Says Interim CFO Lyons Fired Over Confidentiality Breach (2)

Jan. 30, 2023, 11:10 PM UTC

American International Group Inc. said it fired interim Chief Financial Officer Mark Lyons on Jan. 24 for violations of “confidentiality/non-disclosure obligations.”

Sabra Purtill was named interim CFO, the New York-based insurer said Monday in a statement. Lyons was also removed from the role of executive vice president, global chief actuary and head of portfolio management. Turab Hussain was named interim chief actuary. AIG didn’t provide further details about the reasons for Lyons’s departure.

“These violations were unrelated to the company’s financial statements, financial reporting generally and related disclosure controls and procedures, or reserves,” the insurer said.

Lyons, 66, was ...

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