Brighthouse Financial Management
Management criteria checks 1/4
Brighthouse Financial's CEO is Eric Steigerwalt, appointed in Aug 2017, has a tenure of 7.25 years. total yearly compensation is $10.01M, comprised of 10% salary and 90% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth $16.48M. The average tenure of the management team and the board of directors is 1 years and 6 years respectively.
Key information
Eric Steigerwalt
Chief executive officer
US$10.0m
Total compensation
| CEO salary percentage | 10.0% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | less than a year |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Brighthouse Financial: Capital Generation Remains Concerning
Nov 14Brighthouse: Weak Capital Limits Upside (Rating Downgrade)
Aug 08Brighthouse: A Weak Q1, But Headwinds Are Reflected In Valuation
May 10Brighthouse: Positioned For 2024 Capital Improvement
Jan 15Earnings Miss: Brighthouse Financial, Inc. Missed EPS And Analysts Are Revising Their Forecasts
May 10
Brighthouse Financial: We Do Not See Upside At This Time
Aug 12Brighthouse Financial: Cash Flow Growth A Key Consideration Going Forward
May 06Brighthouse Financial: Further Growth Could Still Lie Ahead
Feb 26Brighthouse Financial: Fast-Growing Undercovered Gem For A Cheap Price
Nov 09Brighthouse Financial: Opaque, With Massive Upside Potential
Jul 04We Discuss Why Brighthouse Financial, Inc.'s (NASDAQ:BHF) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Jun 04Brighthouse Financial stock gains 2.2% after Q1 earnings beat by a wide margin
May 10Should You Take Comfort From Insider Transactions At Brighthouse Financial, Inc. (NASDAQ:BHF)?
Feb 21
Do Institutions Own Brighthouse Financial, Inc. (NASDAQ:BHF) Shares?
Jan 17A Look At Brighthouse Financial's (NASDAQ:BHF) Share Price Returns
Dec 13Brighthouse boosts tender cap for notes tender offer to ~$550M
Nov 25CEO 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$999m |
| Mar 31 2024 | n/a | n/a | -US$1b |
| Dec 31 2023 | US$10m | US$1m | -US$1b |
| Sep 30 2023 | n/a | n/a | -US$162m |
| Jun 30 2023 | n/a | n/a | -US$227m |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$10m | US$986k | US$4b |
| Sep 30 2022 | n/a | n/a | US$4b |
| Jun 30 2022 | n/a | n/a | US$4b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$8m | US$925k | US$2b |
| Sep 30 2021 | n/a | n/a | -US$1b |
| Jun 30 2021 | n/a | n/a | -US$5b |
| Mar 31 2021 | n/a | n/a | -US$7b |
| Dec 31 2020 | US$8m | US$920k | -US$1b |
| Sep 30 2020 | n/a | n/a | -US$1b |
| Jun 30 2020 | n/a | n/a | US$3b |
| Mar 31 2020 | n/a | n/a | US$5b |
| Dec 31 2019 | US$8m | US$897k | -US$761m |
| Sep 30 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | n/a | n/a | US$811m |
| Mar 31 2019 | n/a | n/a | US$195m |
| Dec 31 2018 | US$16m | US$900k | US$865m |
| Sep 30 2018 | n/a | n/a | US$91m |
| Jun 30 2018 | n/a | n/a | -US$581m |
| Mar 31 2018 | n/a | n/a | -US$96m |
| Dec 31 2017 | US$2m | US$349k | -US$378m |
Compensation vs Market: Eric's total compensation ($USD10.01M) is above average for companies of similar size in the US market ($USD6.53M).
Compensation vs Earnings: Eric's compensation has increased whilst the company is unprofitable.
CEO
Eric Steigerwalt (62 yo)
7.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.3yrs | US$10.01m | 0.54% $ 16.5m | |
| Executive VP & CFO | 5.3yrs | US$3.71m | 0.063% $ 1.9m | |
| Executive VP & Chief Investment Officer | 7.3yrs | US$3.69m | 0.15% $ 4.4m | |
| Executive VP & Chief Human Resources Officer | 7yrs | US$2.18m | 0.033% $ 1.0m | |
| Executive VP and Chief Distribution & Marketing Officer | no data | US$3.08m | 0.070% $ 2.1m | |
| Interim Chief Accounting Officer & Investment Controller | no data | no data | no data | |
| Executive VP & Chief Technology Officer | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Executive VP & General Counsel | 1.9yrs | no data | 0.0056% $ 172.2k | |
| Executive VP and Head of Product & Underwriting | less than a year | no data | no data | |
| Senior VP & Chief Marketing Officer | less than a year | no data | no data | |
| Executive VP & Head of Enterprise Operations | less than a year | no data | no data |
1.0yrs
Average Tenure
53yo
Average Age
Experienced Management: BHF's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.8yrs | US$10.01m | 0.54% $ 16.5m | |
| Independent Director | less than a year | no data | 0.00092% $ 28.0k | |
| Independent Chairman of the Board | 7.3yrs | US$506.94k | 0.074% $ 2.2m | |
| Independent Director | 4.3yrs | US$293.72k | 0.017% $ 530.2k | |
| Independent Director | 7.3yrs | US$306.97k | 0.037% $ 1.1m | |
| Independent Director | 6yrs | US$306.97k | 0.025% $ 771.9k | |
| Independent Director | less than a year | no data | 0.0097% $ 296.5k | |
| Independent Director | 3yrs | US$284.97k | 0.0087% $ 264.8k | |
| Independent Director | 7.3yrs | US$295.97k | 0.025% $ 764.6k |
6.0yrs
Average Tenure
64yo
Average Age
Experienced Board: BHF's board of directors are considered experienced (6 years average tenure).