Brighthouse Financial, Inc.

DB:BROC Stock Report

Market Cap: €2.4b

Brighthouse Financial Management

Management criteria checks 2/4

Brighthouse Financial's CEO is Eric Steigerwalt, appointed in Aug 2017, has a tenure of 7.08 years. total yearly compensation is $10.01M, comprised of 10% salary and 90% bonuses, including company stock and options. directly owns 0.53% of the company’s shares, worth €12.56M. The average tenure of the management team and the board of directors is 6.8 years and 5.8 years respectively.

Key information

Eric Steigerwalt

Chief executive officer

US$10.0m

Total compensation

CEO salary percentage10.0%
CEO tenure7.1yrs
CEO ownership0.5%
Management average tenure6.8yrs
Board average tenure5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eric Steigerwalt's remuneration changed compared to Brighthouse Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$999m

Mar 31 2024n/an/a

-US$1b

Dec 31 2023US$10mUS$1m

-US$1b

Sep 30 2023n/an/a

-US$162m

Jun 30 2023n/an/a

-US$227m

Mar 31 2023n/an/a

US$2b

Dec 31 2022US$10mUS$986k

US$4b

Sep 30 2022n/an/a

US$4b

Jun 30 2022n/an/a

US$4b

Mar 31 2022n/an/a

US$2b

Dec 31 2021US$8mUS$925k

US$2b

Sep 30 2021n/an/a

-US$1b

Jun 30 2021n/an/a

-US$5b

Mar 31 2021n/an/a

-US$7b

Dec 31 2020US$8mUS$920k

-US$1b

Sep 30 2020n/an/a

-US$1b

Jun 30 2020n/an/a

US$3b

Mar 31 2020n/an/a

US$5b

Dec 31 2019US$8mUS$897k

-US$761m

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$811m

Mar 31 2019n/an/a

US$195m

Dec 31 2018US$16mUS$900k

US$865m

Sep 30 2018n/an/a

US$91m

Jun 30 2018n/an/a

-US$581m

Mar 31 2018n/an/a

-US$96m

Dec 31 2017US$2mUS$349k

-US$378m

Compensation vs Market: Eric's total compensation ($USD10.01M) is above average for companies of similar size in the German market ($USD2.64M).

Compensation vs Earnings: Eric's compensation has increased whilst the company is unprofitable.

CEO

Eric Steigerwalt (62 yo)

7.1yrs

Tenure

US$10,005,985

Compensation

Mr. Eric Thomas Steigerwalt has been the President, Chief Executive Officer and Director at Brighthouse Financial, Inc. since August 2017. He serves as a Director at Brighthouse Financial, Inc. since 2016....

Leadership Team

NamePositionTenureCompensationOwnership
Eric Steigerwalt
President7.1yrsUS$10.01m0.53%
$ 12.6m
Edward Spehar
Executive VP & CFO5.1yrsUS$3.71m0.062%
$ 1.5m
John Rosenthal
Executive VP & Chief Investment Officer7.1yrsUS$3.69m0.15%
$ 3.5m
Myles Lambert
Executive VP and Chief Distribution & Marketing Officer7.1yrsUS$3.08m0.069%
$ 1.6m
Vonda Huss
Executive VP & Chief Human Resources Officer6.8yrsUS$2.18m0.033%
$ 776.2k
Kristine Toscano
Chief Accounting Officer3yrsno data0.0054%
$ 127.4k
Dana Amante
Head of Investor Relationsno datano datano data
Allie Lin
Executive VP & General Counsel1.8yrsno data0.0055%
$ 131.2k
David Rosenbaum
Head of Product Strategy and Pricingno datano datano data
Jacob Jenkelowitz
Corporate Secretaryno datano datano data
Janet Morgan
VP & Treasurerno datano datano data

6.8yrs

Average Tenure

53yo

Average Age

Experienced Management: BROC's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Eric Steigerwalt
President8.7yrsUS$10.01m0.53%
$ 12.6m
Lizabeth Zlatkus
Independent Directorless than a yearno data0.00090%
$ 21.4k
Charles Chaplin
Independent Chairman of the Board7.1yrsUS$506.94k0.072%
$ 1.7m
Stephen Hooley
Independent Director4.1yrsUS$293.72k0.017%
$ 403.9k
Diane Offereins
Independent Director7.1yrsUS$306.97k0.036%
$ 858.2k
Eileen Mallesch
Independent Director5.8yrsUS$306.97k0.025%
$ 587.8k
Michael Inserra
Independent Directorless than a yearno data0.0095%
$ 225.7k
Carol Juel
Independent Director2.8yrsUS$284.97k0.0085%
$ 201.7k
Paul Wetzel
Independent Director7.1yrsUS$295.97k0.025%
$ 582.4k

5.8yrs

Average Tenure

64yo

Average Age

Experienced Board: BROC's board of directors are considered experienced (5.8 years average tenure).