MetLife Management
Management criteria checks 3/4
MetLife's CEO is Michel Khalaf, appointed in May 2019, has a tenure of 4.92 years. total yearly compensation is $18.11M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.06% of the company’s shares, worth $31.18M. The average tenure of the management team and the board of directors is 5.5 years and 9.7 years respectively.
Key information
Michel Khalaf
Chief executive officer
US$18.1m
Total compensation
| CEO salary percentage | 7.7% |
| CEO tenure | 4.9yrs |
| CEO ownership | 0.06% |
| Management average tenure | 5.5yrs |
| Board average tenure | 9.7yrs |
Recent management updates
Recent updates
MetLife: Healthy But Lacks Clear Advantages
Apr 18MetLife, Inc.'s (NYSE:MET) P/E Is On The Mark
Apr 18
MetLife: A Safe Bet To Hold As Future Earnings Growth Expected, And Tailwind From Rate Environment
Feb 03MetLife: Expected Net Investment Growth For Upcoming Earnings
Jan 26MetLife, Inc.'s (NYSE:MET) P/S Is On The Mark
Jan 15MetLife: Strong Capital Returns Make Shares Attractive (Ratings Upgrade)
Nov 15MetLife: Disappointing Growth But Safe Dividend
Oct 26MetLife: Neutral Rating Maintained, As Stock Remains Overvalued
Aug 18MetLife: An Investment That Ensures Portfolios
Jul 12MetLife institutional asset management arm to acquire Raven Capital
Feb 07MetLife Q4 2022 Earnings Preview
Jan 31MetLife declares $0.50 dividend
Jan 10MetLife Is Trading Favorably On The Market
Dec 24Looking Past Interest Rate Volatility Reveals MetLife Is A Hold
Oct 11MetLife to acquire ESG-focused fixed income manager, Affirmative Investment
Aug 29MetLife: Investors Should Look Past The Noisy Q2 2022 Results
Aug 12MetLife declares $0.50 dividend
Jul 11MetLife Is Well-Positioned For 2022 (And Beyond)
Jun 06MetLife (NYSE:MET) Is Increasing Its Dividend To US$0.50
May 06Cautious Optimism On MetLife
Apr 21MetLife: Switching To Neutral
Feb 09MetLife: Proven Business Model With A 3.08% Dividend Yield
Nov 27MetLife: Steady As She Goes For A Very Well-Run Insurance Titan
Sep 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$1b |
| Sep 30 2023 | n/a | n/a | -US$390m |
| Jun 30 2023 | n/a | n/a | US$286m |
| Mar 31 2023 | n/a | n/a | US$797m |
| Dec 31 2022 | US$18m | US$1m | US$5b |
| Sep 30 2022 | n/a | n/a | US$5b |
| Jun 30 2022 | n/a | n/a | US$5b |
| Mar 31 2022 | n/a | n/a | US$8b |
| Dec 31 2021 | US$17m | US$1m | US$7b |
| Sep 30 2021 | n/a | n/a | US$5b |
| Jun 30 2021 | n/a | n/a | US$4b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$15m | US$1m | US$5b |
| Sep 30 2020 | n/a | n/a | US$6b |
| Jun 30 2020 | n/a | n/a | US$7b |
| Mar 31 2020 | n/a | n/a | US$9b |
| Dec 31 2019 | US$15m | US$1m | US$6b |
| Sep 30 2019 | n/a | n/a | US$7b |
| Jun 30 2019 | n/a | n/a | US$6b |
| Mar 31 2019 | n/a | n/a | US$5b |
| Dec 31 2018 | US$11m | US$837k | US$5b |
| Sep 30 2018 | n/a | n/a | US$5b |
| Jun 30 2018 | n/a | n/a | US$5b |
| Mar 31 2018 | n/a | n/a | US$5b |
| Dec 31 2017 | US$6m | US$740k | US$5b |
Compensation vs Market: Michel's total compensation ($USD18.11M) is above average for companies of similar size in the US market ($USD13.51M).
Compensation vs Earnings: Michel's compensation has been consistent with company performance over the past year.
CEO
Michel Khalaf (59 yo)
4.9yrs
Tenure
US$18,107,426
Compensation
Mr. Michel Abbas Khalaf has been a Director at The Geneva Association since June 10, 2020. Mr. Khalaf has been the President, Chief Executive Officer and Director of MetLife, Inc. since May 1, 2019. Mr. Kh...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.9yrs | US$18.11m | 0.060% $ 31.2m | |
| Executive VP | 5.9yrs | US$8.23m | 0.024% $ 12.4m | |
| Executive VP and Head of Global Technology & Operations | 4.4yrs | US$6.96m | 0.0079% $ 4.1m | |
| President of U.S. Business & Head of MetLife Holdings | 6.6yrs | US$6.97m | 0.017% $ 8.7m | |
| Executive VP & Chief Accounting Officer | 5.1yrs | no data | 0.0021% $ 1.1m | |
| Executive VP & Chief Information Officer | 3.4yrs | no data | no data | |
| Senior VP & Head of Investor Relations | no data | no data | no data | |
| Executive VP & Chief Marketing Officer | 2.4yrs | no data | no data | |
| Executive VP & Chief HR Officer | 6.8yrs | no data | 0.010% $ 5.2m | |
| EVP, Head - Independent Distribution - St Louis-Based GenAmerica Financial & MetLife Investors Group | 20.8yrs | no data | no data | |
| President of MetLife Auto & Home and Senior Vice President of Eastern Zone - Individual Business | 17.3yrs | no data | no data | |
| Senior Vice President of Group Benefits | no data | no data | no data |
5.5yrs
Average Tenure
52yo
Average Age
Experienced Management: MET's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.9yrs | US$18.11m | 0.060% $ 31.2m | |
| Executive VP | 3.3yrs | no data | no data | |
| Independent Director | 10.6yrs | US$331.74k | 0% $ 0 | |
| Independent Director | 7.5yrs | US$341.74k | 0.0033% $ 1.7m | |
| Independent Director | 6.2yrs | US$301.74k | 0.0043% $ 2.3m | |
| Independent Director | 11.1yrs | US$301.74k | 0.0055% $ 2.9m | |
| Independent Director | 9.2yrs | US$336.74k | 0.0046% $ 2.4m | |
| Independent Director | 15yrs | US$306.74k | 0.0085% $ 4.4m | |
| Independent Director | 10.2yrs | US$326.74k | 0.0042% $ 2.2m | |
| Independent Chairman | 17.2yrs | US$556.79k | 0.0011% $ 567.1k | |
| Independent Director | 5.4yrs | US$301.74k | 0.0026% $ 1.3m | |
| Independent Director | 20.2yrs | US$331.74k | 0.00065% $ 338.2k |
9.7yrs
Average Tenure
69yo
Average Age
Experienced Board: MET's board of directors are considered experienced (9.7 years average tenure).