Corebridge Financial Management
Management criteria checks 2/4
Corebridge Financial's CEO is Kevin Hogan, appointed in Dec 2014, has a tenure of 3.5 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 €3.54M. The average tenure of the management team and the board of directors is 4 years and 0.8 years respectively.
Key information
Kevin Hogan
Chief executive officer
US$8.6m
Total compensation
| CEO salary percentage | 14.5% |
| CEO tenure | 10yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| 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 ($USD4.85M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
CEO
Kevin Hogan (62 yo)
10yrs
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 |
|---|---|---|---|---|
| President | 10yrs | US$8.63m | 0.021% € 3.5m | |
| Executive VP & CFO | 3.1yrs | US$4.20m | 0.021% € 3.5m | |
| Executive VP & Chief Investment Officer | 1.8yrs | US$5.83m | 0.0032% € 529.5k | |
| Executive VP & President of Retirement Services | 2.8yrs | US$2.78m | 0.016% € 2.7m | |
| EVP, President of Institutional Markets and Head of Enterprise In-Force Management & Reinsurance | 12.7yrs | US$2.57m | 0.016% € 2.6m | |
| EVP & COO | 1.4yrs | no data | no data | |
| Senior VP & Chief Accounting Officer | no data | no data | 0.00077% € 126.6k | |
| Chief Information Officer & Executive VP | 4.9yrs | no data | 0.013% € 2.1m | |
| Head of Investor Relations | no data | no data | no data | |
| Executive VP | 14.9yrs | no data | 0.011% € 1.9m | |
| Chief Marketing & Communications Officer and Executive VP | 5.8yrs | no data | 0.0095% € 1.6m | |
| Executive VP & Chief Human Resource Officer | less than a year | no data | no data |
4.0yrs
Average Tenure
57yo
Average Age
Experienced Management: AS5's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.5yrs | US$8.63m | 0.021% € 3.5m | |
| Chief Corporate Counsel | less than a year | no data | 0.0033% € 547.6k | |
| Independent Chair of the Board | 2.3yrs | US$320.00k | 0.0053% € 866.6k | |
| Independent Director | 3.1yrs | US$285.00k | 0% € 0 | |
| Independent Director | less than a year | no data | 0.00093% € 152.9k | |
| Director | less than a year | no data | no data | |
| Independent Director | 3.1yrs | US$285.00k | 0% € 0 | |
| Director | no data | no data | no data | |
| Director | no data | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Director | 3.1yrs | no data | no data |
0.8yrs
Average Tenure
59yo
Average Age
Experienced Board: AS5's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:41 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Corebridge Financial, Inc. is covered by 19 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alex Scott | Barclays |
| Joshua Shanker | BofA Global Research |
| Michael Ward | Citigroup Inc |