Today and in the coming weeks, you may see press coverage related to a letter from Icahn Enterprises about its investment in AIG’s common stock.
Please find below our response to the letter, which we have shared with the media.
As we note in our statement, we maintain an open dialogue with all our shareholders, and we welcome their feedback and ideas. In every aspect of our company, from structure to culture, we are focused on delivering value to those who put their faith in us: our clients and our investors.
Since I became CEO last September, we have pushed to simplify the company and reduce costs. We have also invested in technology improvements and selected profitable growth areas. We will continue on that course.
In our public statement, we emphasized that we have taken important and significant steps to reposition AIG by both simplifying and de-risking the company, and realizing attractive valuations from non-core asset sales. We will update you on our progress when we announce our third quarter results on November 2. I look forward to sharing more with you in our normal communications at that time.
You have my sincere appreciation for continuing to focus on our customers and our business objectives. Every day, I see examples of your outstanding service and unwavering commitment to improving everything we do – leaving us more confident in AIG’s future.