MetLife Management
Management criteria checks 2/4
MetLife's CEO is Michel Khalaf, appointed in May 2019, has a tenure of 4.67 years. total yearly compensation is $18.11M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth €20.23M. The average tenure of the management team and the board of directors is 5.3 years and 9.4 years respectively.
Key information
Michel Khalaf
Chief executive officer
US$18.1m
Total compensation
| CEO salary percentage | 7.7% |
| CEO tenure | 4.7yrs |
| CEO ownership | 0.04% |
| Management average tenure | 5.3yrs |
| Board average tenure | 9.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$390m |
| Jun 30 2023 | n/a | n/a | US$286m |
| Mar 31 2023 | n/a | n/a | US$797m |
| Dec 31 2022 | US$18m | US$1m | US$2b |
| Sep 30 2022 | n/a | n/a | US$5b |
| Jun 30 2022 | n/a | n/a | US$5b |
| Mar 31 2022 | n/a | n/a | US$8b |
| Dec 31 2021 | US$17m | US$1m | US$6b |
| Sep 30 2021 | n/a | n/a | US$5b |
| Jun 30 2021 | n/a | n/a | US$4b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$15m | US$1m | US$5b |
| Sep 30 2020 | n/a | n/a | US$6b |
| Jun 30 2020 | n/a | n/a | US$7b |
| Mar 31 2020 | n/a | n/a | US$9b |
| Dec 31 2019 | US$15m | US$1m | US$6b |
| Sep 30 2019 | n/a | n/a | US$7b |
| Jun 30 2019 | n/a | n/a | US$6b |
| Mar 31 2019 | n/a | n/a | US$5b |
| Dec 31 2018 | US$11m | US$837k | US$5b |
| Sep 30 2018 | n/a | n/a | US$5b |
| Jun 30 2018 | n/a | n/a | US$5b |
| Mar 31 2018 | n/a | n/a | US$5b |
| Dec 31 2017 | US$6m | US$740k | US$5b |
Compensation vs Market: Michel's total compensation ($USD18.11M) is above average for companies of similar size in the BG market ($USD4.09M).
Compensation vs Earnings: Michel's compensation has increased whilst the company is unprofitable.
CEO
Michel Khalaf (59 yo)
4.7yrs
Tenure
US$18,107,426
Compensation
Mr. Michel Abbas Khalaf has been a Director at The Geneva Association since June 10, 2020. Mr. Khalaf has been the President, Chief Executive Officer and Director of MetLife, Inc. since May 1, 2019. Mr. Kh...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.7yrs | US$18.11m | 0.043% $ 20.2m | |
| Executive VP & CFO | 5.7yrs | US$8.23m | 0.018% $ 8.2m | |
| Executive VP and Head of Global Technology & Operations | 4.2yrs | US$6.96m | 0.0064% $ 3.0m | |
| President of U.S. Business | 6.3yrs | US$6.97m | 0.012% $ 5.7m | |
| Executive VP & Chief Accounting Officer | 4.8yrs | no data | 0.0015% $ 702.4k | |
| Executive VP & Chief Information Officer | 3.2yrs | no data | no data | |
| Senior VP & Head of Investor Relations | no data | no data | no data | |
| Executive VP & Chief Marketing Officer | 2.2yrs | no data | no data | |
| Executive VP & Chief HR Officer | 6.5yrs | no data | 0.0077% $ 3.6m | |
| EVP, Head - Independent Distribution - St Louis-Based GenAmerica Financial & MetLife Investors Group | 20.5yrs | no data | no data | |
| President of MetLife Auto & Home and Senior Vice President of Eastern Zone - Individual Business | 17yrs | no data | no data | |
| Senior Vice President of Group Benefits | no data | no data | no data |
5.3yrs
Average Tenure
52yo
Average Age
Experienced Management: MWZ's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.7yrs | US$18.11m | 0.043% $ 20.2m | |
| Executive VP | 3yrs | no data | no data | |
| Independent Director | 10.3yrs | US$331.74k | 0% $ 0 | |
| Independent Director | 7.3yrs | US$341.74k | 0.0032% $ 1.5m | |
| Independent Director | 5.9yrs | US$301.74k | 0.0041% $ 1.9m | |
| Independent Director | 10.8yrs | US$301.74k | 0.0053% $ 2.5m | |
| Independent Director | 8.9yrs | US$336.74k | 0.0044% $ 2.1m | |
| Independent Director | 14.8yrs | US$306.74k | 0.0082% $ 3.8m | |
| Independent Director | 9.9yrs | US$326.74k | 0.0040% $ 1.9m | |
| Independent Chairman | 16.9yrs | US$556.79k | 0.0011% $ 497.7k | |
| Independent Director | 5.2yrs | US$301.74k | 0.0024% $ 1.1m | |
| Independent Director | 19.9yrs | US$331.74k | 0.00064% $ 297.7k |
9.4yrs
Average Tenure
69yo
Average Age
Experienced Board: MWZ's board of directors are considered experienced (9.4 years average tenure).