American International Group, Inc. has announced that its board of directors has agreed to expand the size of the AIG board from 14 seats to 16 seats. The Board will nominate its existing Board of Directors, as well as John Paulson, President of Paulson & Co., and Samuel Merksamer, a Managing Director of Icahn Capital LP, as the slate of directors to be included in AIG's proxy statement for election at the 2016 AIG Annual Meeting of Shareholders.