StockWatch
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Life Insurance
Management ChangeApr 17, 2026, 08:06 AM

Corebridge Elects Hirotaka Inoue to Board, Reduces Size to 11

AI Summary

Corebridge Financial, Inc. elected Hirotaka Inoue as a director, effective April 21, 2026. This appointment follows the resignation of Minoru Kimura, effective April 20, 2026, as a Nippon Life Designee. The company's Board of Directors also decreased its size from 13 to 11 members on March 25, 2026, after American International Group, Inc. waived its right to designate any board members. Consequently, Nippon Life is now entitled to designate two directors to the Board.

Key Highlights

  • Hirotaka Inoue elected as director, effective April 21, 2026.
  • Minoru Kimura to resign as director, effective April 20, 2026.
  • Board size reduced from 13 to 11 members on March 25, 2026.
  • AIG waived its right to designate board members.
  • Nippon Life now entitled to designate 2 directors.