Brighthouse Financial, Inc.

DB:BROC Stock Report

Market Cap: €2.8b

Brighthouse Financial Management

Management criteria checks 1/4

Brighthouse Financial's CEO is Eric Steigerwalt, appointed in Aug 2017, has a tenure of 7.42 years. total yearly compensation is $10.01M, comprised of 10% salary and 90% bonuses, including company stock and options. directly owns 0.5% of the company’s shares, worth €13.73M. The average tenure of the management team and the board of directors is 1.2 years and 6.2 years respectively.

Key information

Eric Steigerwalt

Chief executive officer

US$10.0m

Total compensation

CEO salary percentage10.0%
CEO tenure7.4yrs
CEO ownership0.5%
Management average tenure1.2yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

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

-US$1b

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

Compensation vs Market: Eric's total compensation ($USD10.01M) is above average for companies of similar size in the German market ($USD2.26M).

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

CEO

Eric Steigerwalt (62 yo)

7.4yrs

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
President7.4yrsUS$10.01m0.50%
€ 13.7m
Edward Spehar
Executive VP & CFO5.4yrsUS$3.71m0.051%
€ 1.4m
John Rosenthal
Executive VP & Chief Investment Officer7.4yrsUS$3.69m0.13%
€ 3.5m
Vonda Huss
Executive VP & Chief Human Resources Officer7.2yrsUS$2.18m0.028%
€ 781.4k
Myles Lambert
Executive VP and Chief Distribution & Marketing Officerno dataUS$3.08m0.056%
€ 1.5m
Richard Cook
Interim Chief Accounting Officer & Investment Controllerless than a yearno data0.0085%
€ 234.2k
Jeff Hughes
Executive VP & Chief Technology Officerless than a yearno datano data
Dana Amante
Head of Investor Relationsno datano datano data
Allie Lin
Executive VP & General Counsel2.1yrsno data0.0056%
€ 155.5k
David Rosenbaum
Executive VP and Head of Product & Underwritingless than a yearno datano data
Meghan Doscher
Senior VP & Chief Marketing Officerless than a yearno datano data
David Dooley
Executive VP & Head of Enterprise Operationsless than a yearno datano data

1.2yrs

Average Tenure

53yo

Average Age

Experienced Management: BROC's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Eric Steigerwalt
President9yrsUS$10.01m0.50%
€ 13.7m
Lizabeth Zlatkus
Independent Directorless than a yearno data0.00092%
€ 25.3k
Charles Chaplin
Independent Chairman of the Board7.4yrsUS$506.94k0.074%
€ 2.0m
Stephen Hooley
Independent Director4.4yrsUS$293.72k0.017%
€ 478.9k
Diane Offereins
Independent Director7.4yrsUS$306.97k0.037%
€ 1.0m
Eileen Mallesch
Independent Director6.2yrsUS$306.97k0.025%
€ 697.2k
Michael Inserra
Independent Directorless than a yearno data0.0097%
€ 267.8k
Carol Juel
Independent Director3.2yrsUS$284.97k0.0087%
€ 239.2k
Paul Wetzel
Independent Director7.4yrsUS$295.97k0.025%
€ 690.5k

6.2yrs

Average Tenure

64yo

Average Age

Experienced Board: BROC's board of directors are considered experienced (6.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/15 14:53
End of Day Share Price 2025/01/14 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Brighthouse Financial, Inc. is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Tracy Dolin-BenguiguiBarclays
Tracy Dolin-BenguiguiBarclays