Corebridge Financial Management

Management criteria checks 2/4

Corebridge Financial's CEO is Kevin Hogan, appointed in Dec 2014, has a tenure of 9.92 years. total yearly compensation is $8.63M, comprised of 14.5% salary and 85.5% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth €3.73M. The average tenure of the management team and the board of directors is 3.9 years and 2.6 years respectively.

Key information

Kevin Hogan

Chief executive officer

US$8.6m

Total compensation

CEO salary percentage	14.5%
CEO tenure	9.9yrs
CEO ownership	0.02%
Management average tenure	3.9yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kevin Hogan's remuneration changed compared to Corebridge Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$1b
Jun 30 2024	n/a	n/a	US$2b
Mar 31 2024	n/a	n/a	US$2b
Dec 31 2023	US$9m	US$1m	US$1b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$3b
Mar 31 2023	n/a	n/a	US$4b
Dec 31 2022	US$9m	US$1m	US$8b
Sep 30 2022	n/a	n/a	US$11b
Jun 30 2022	n/a	n/a	US$11b
Mar 31 2022	n/a	n/a	US$8b
Dec 31 2021	US$8m	US$1m	US$8b

Compensation vs Market: Kevin's total compensation ($USD8.63M) is above average for companies of similar size in the German market ($USD4.77M).

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.

CEO

Kevin Hogan (62 yo)

9.9yrs

Tenure

US$8,632,097

Compensation

Mr. Kevin Timothy Hogan served as Chairman, President and Chief Executive Officer at The Variable Annuity Life Insurance Company. Mr. Hogan has served as a Director of Corebridge Financial, Inc. since June...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kevin Hogan	President	9.9yrs	US$8.63m	0.021% € 3.7m
Elias Habayeb	Executive VP & CFO	3yrs	US$4.20m	0.021% € 3.6m
Lisa Longino	Executive VP & Chief Investment Officer	1.8yrs	US$5.83m	0.0032% € 558.5k
Terri Fiedler	Executive VP & President of Retirement Services	2.8yrs	US$2.78m	0.016% € 2.8m
Jonathan Novak	President of Institutional Markets & Executive VP	12.6yrs	US$2.57m	0.016% € 2.7m
Christopher Smith	EVP & COO	1.3yrs	no data	no data
Christopher Filiaggi	Senior VP & Chief Accounting Officer	no data	no data	0.00077% € 133.6k
David Ditillo	Chief Information Officer & Executive VP	4.8yrs	no data	0.013% € 2.2m
Josh Smith	Head of Investor Relations	no data	no data	no data
Christine Nixon	Executive VP	14.8yrs	no data	0.011% € 2.0m
Elizabeth Palmer	Chief Marketing & Communications Officer and Executive VP	5.7yrs	no data	0.0095% € 1.6m
Elizabeth Cropper	Executive VP & Chief Human Resource Officer	less than a year	no data	no data

3.9yrs

Average Tenure

57yo

Average Age

Experienced Management: AS5's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Hogan	President	3.4yrs	US$8.63m	0.021% € 3.7m
Christina Banthin	Chief Corporate Counsel	less than a year	no data	0.0033% € 577.6k
Jonathan Gray	Director	3yrs	no data	no data
Alan Colberg	Independent Director	2.2yrs	US$320.00k	0.0053% € 914.1k
Peter Zaffino	Chairman of the Board	3yrs	no data	no data
Amy Schioldager	Independent Director	3yrs	US$285.00k	0% € 0
Sabra Purtill	Director	1.8yrs	US$4.13m	0.015% € 2.7m
Rose Marie Glazer	Director	less than a year	no data	no data
Christopher Lynch	Independent Director	3yrs	US$285.00k	0% € 0
Deborah Leone	Independent Director	less than a year	no data	no data
Adam Burk	Director	3yrs	no data	no data
Mia Tarpey	Director	1.3yrs	no data	0.0063% € 1.1m

2.6yrs

Average Tenure

58yo

Average Age

Experienced Board: AS5's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Corebridge Financial Management

Management criteria checks 2/4

Key information

Recent management updates

Corebridge Financial Elects Edward Bousa to Board of Directors

Corebridge Financial, Inc. Announces Resignation of Chris Schaper from the Board of Directors

Corebridge Financial, Inc., Annual General Meeting, Jun 21, 2024

Corebridge Financial, Inc. Announces Board Changes

Corebridge Financial, Inc. Elects Deborah Leone as an Independent Director

Corebridge Financial, Inc. Announces Resignation of Todd Solash as Executive Vice President and President of Individual Retirement and Life Insurance

Recent updates

Dividend of US$0.23 announced

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $936 million.

Corebridge Financial, Inc. has filed a Follow-on Equity Offering.

Third quarter 2024 earnings released: US$1.97 loss per share (vs US$3.29 profit in 3Q 2023)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on December 31, 2024

Corebridge Financial, Inc. to Report Q3, 2024 Results on Nov 04, 2024

Corebridge Financial Announces Launch of Corebridge MarketLock Annuity, Registered Index-Linked Annuity

Upcoming dividend of US$0.23 per share

Corebridge Financial Elects Edward Bousa to Board of Directors

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: US$0.60 (vs US$1.19 in 2Q 2023)

Corebridge Financial, Inc. to Report Q2, 2024 Results on Jul 31, 2024

Corebridge Financial, Inc. Announces Resignation of Chris Schaper from the Board of Directors

Upcoming dividend of US$0.23 per share

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $876 million.

Dividend of US$0.23 announced

First quarter 2024 earnings released: EPS: US$1.41 (vs US$0.70 loss in 1Q 2023)

Corebridge Financial, Inc., Annual General Meeting, Jun 21, 2024

Corebridge Financial, Inc. Announces Board Changes

Aviva plc (LSE:AV.) completed the acquisition of AIG Life Limited from Corebridge Financial, Inc. (NYSE:CRBG) for £453 million.

Corebridge Financial, Inc. to Report Q1, 2024 Results on May 03, 2024

Corebridge Financial, Inc. Elects Deborah Leone as an Independent Director

Upcoming dividend of US$0.23 per share

Dividend of US$0.23 announced

Full year 2023 earnings released: EPS: US$1.72 (vs US$12.61 in FY 2022)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on March 29, 2024

Corebridge Financial Launches New Multi-Year Guaranteed Annuity for Registered Investment Advisors

Corebridge Financial Launches New Multi-Year Guaranteed Annuity for Registered Investment Advisors

Corebridge Financial, Inc. to Report Q4, 2023 Results on Feb 15, 2024

Now 20% undervalued

Upcoming dividend of US$0.23 per share at 4.6% yield

Corebridge Financial, Inc. has filed a Follow-on Equity Offering.

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $1.025 billion.

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $1.025 billion.

Third quarter 2023 earnings released: EPS: US$3.29 (vs US$3.64 in 3Q 2022)

Corebridge Financial, Inc. Declares Quarterly Dividend of Common Stock, Payable on December 29, 2023

AXA Ireland Limited acquired Laya Healthcare Limited from Corebridge Financial, Inc. (NYSE:CRBG) for €650 million.

Corebridge Financial, Inc. to Report Q3, 2023 Results on Nov 03, 2023

Aviva plc (LSE:AV.) agreed to acquire AIG Life Limited from Corebridge Financial, Inc. (NYSE:CRBG) ) for £460 million.

Aviva plc (LSE:AV.) agreed to acquire AIG Life Limited from Corebridge Financial, Inc. (NYSE:CRBG) for

Man Group Plc (LSE:EMG) acquired controlling interest in Varagon Capital Partners from Aflac Global Investments and American General Life Insurance Company, Corebridge Financial, Inc. (NYSE:CRBG) and former members of Varagon's management team.

Upcoming dividend of US$0.23 per share at 5.1% yield

Corebridge Financial, Inc. Announces Resignation of Todd Solash as Executive Vice President and President of Individual Retirement and Life Insurance

Corebridge Financial, Inc. Names Isil Muderrisoglu as Head of Investor and Rating Agency Relations

Second quarter 2023 earnings released: EPS: US$1.19 (vs US$4.02 in 2Q 2022)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on September 29, 2023

AXA Ireland Limited entered into an agreement to acquire Laya Healthcare Limited from Corebridge Financial, Inc. (NYSE:CRBG) for €650 million.

Corebridge Financial, Inc. to Report Q2, 2023 Results on Aug 04, 2023

Man Group Plc (LSE:EMG) entered into an agreement to acquire Varagon Capital Partners from Aflac Global Investments and American General Life Insurance Company for approximately $180 million.

Corebridge Financial, Inc. Announces Executive Vice President and Chief Operating Officer Changes

Corebridge Financial, Inc. (NYSE:CRBG) announces an Equity Buyback for $200 million worth of its shares.

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $1.05625 billion.

Upcoming dividend of US$0.85 per share at 5.4% yield

Corebridge Financial, Inc. has completed a Follow-on Equity Offering in the amount of $1.05625 billion.

Corebridge Financial, Inc. Declares a Special Dividend, Payable on June 30, 2023

Elaine Rocha Resigns as a Member of the Board of Directors of Corebridge Financial, Inc

First quarter 2023 earnings released: US$0.70 loss per share (vs US$5.37 profit in 1Q 2022)

Corebridge Financial, Inc. Declares Quarterly Dividend, Payable on June 30, 2023

Corebridge Financial, Inc. (NYSE:CRBG) announces an Equity Buyback for $1,000 million worth of its shares.

Upcoming dividend of US$0.23 per share at 4.7% yield

Full year 2022 earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members