Brighthouse Financial CEO Eric Steigerwalt's 2018 pay jumps 688% to $16M
Brighthouse Financial reports 2018 executive compensation
By ExecPay News
Published: April 29, 2019
Brighthouse Financial reported fiscal year 2018 executive compensation information on April 29, 2019.
In 2018, six executives at Brighthouse Financial received on average a compensation package of $6.9M, a 470% increase compared to previous year.
Average pay of disclosed executives at Brighthouse Financial
Eric T. Steigerwalt, Chief Executive Officer, received $16M in total, which increased by 688% compared to 2017. 68% of Steigerwalt's compensation, or $11M, was in stock awards. Steigerwalt also received $2.6M in non-equity incentive plan, $1.2M in option awards, $900K in salary, as well as $295K in other compensation.
For fiscal year 2018, the median employee pay was $123,178 at Brighthouse Financial. Therefore, the ratio of Eric T. Steigerwalt's pay to the median employee pay was 126 to one.
Peter M. Carlson, Chief Operating Officer, received a compensation package of $7.5M, which increased by 601% compared to previous year. 40% of the compensation package, or $3M, was in other compensation.
John L. Rosenthal, Chief Investment Officer, earned $5.1M in 2018, a 331% increase compared to previous year.
Anant Bhalla, Chief Financial Officer, received $4.8M in 2018, which increases by 388% compared to 2017.
Christine M. DeBiase, Chief Administrative Officer, earned $4.3M in 2018, a 436% increase compared to previous year.
Conor Murphy, Chief Operating Officer, received $3.9M in 2018.
Related executives
Eric Steigerwalt
Brighthouse Financial
Chief Executive Officer
Anant Bhalla
Brighthouse Financial
Chief Financial Officer
John Rosenthal
Brighthouse Financial
Chief Investment Officer
Christine DeBiase
Brighthouse Financial
Chief Administrative Officer
Conor Murphy
Brighthouse Financial
Chief Operating Officer
Peter Carlson
Brighthouse Financial
Chief Operating Officer
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Source: SEC filing on April 29, 2019.