AIG’s interim CFO violated confidentiality agreements, insurer says

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AIG’s interim CFO violated confidentiality agreements, insurer says
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American International Group Inc. said late Monday it ended the employment of interim Chief Financial Officer Mark Lyons, who was also AIG’s chief actuary,...

American International Group Inc. AIG said late Monday it ended the employment of interim Chief Financial Officer Mark Lyons, who was also AIG’s chief actuary, after the company became aware that Lyons “violated his confidentiality/non-disclosure obligations,” The violations were unrelated to AIG’s financial statements, financial reporting generally and related disclosure controls and procedures, or reserves, the insurer said, without elaborating further.

AIG said late Monday it ended the employment of interim Chief Financial Officer Mark Lyons, who was also AIG’s chief actuary, after the company became aware that Lyons “violated his confidentiality/non-disclosure obligations,” The violations were unrelated to AIG’s financial statements, financial reporting generally and related disclosure controls and procedures, or reserves, the insurer said, without elaborating further. AIG entered into a settlement agreement with Lyons, it said.

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