Brighthouse Financial CEO Eric Steigerwalt's 2019 pay falls 45% to $8.5M
Brighthouse Financial reports 2019 executive compensation
By ExecPay News
Published: April 28, 2020
Brighthouse Financial reported fiscal year 2019 executive compensation information on April 28, 2020.
In 2019, seven executives at Brighthouse Financial received on average a compensation package of $3.8M, a 45% decrease compared to previous year.
Average pay of disclosed executives at Brighthouse Financial
Eric T. Steigerwalt, Chief Executive Officer, received $8.5M in total, which decreased by 45% compared to 2018. 53% of Steigerwalt's compensation, or $4.5M, was in stock awards. Steigerwalt also received $2.8M in non-equity incentive plan, $897K in salary, as well as $313K in other compensation.
For fiscal year 2019, the median employee pay was $150,678 at Brighthouse Financial. Therefore, the ratio of Eric T. Steigerwalt's pay to the median employee pay was 56 to one.
Conor Murphy, Chief Operating Officer, received a compensation package of $3.8M, which decreased by 1% compared to previous year. 35% of the compensation package, or $1.4M, was in non-equity incentive plan.
John L. Rosenthal, Chief Investment Officer, earned $3.5M in 2019, a 31% decrease compared to previous year.
Anant Bhalla, Chief Financial Officer, received $3.5M in 2019, which decreases by 28% compared to 2018.
Christine M. DeBiase, Chief Administrative Officer, earned $2.8M in 2019, a 34% decrease compared to previous year.
Myles Lambert, Executive Vice President and Chief Distribution Officer, received $2.5M in 2019.
Ed Spehar, Chief Financial Officer, earned $2M in 2019.
Related executives
Eric Steigerwalt
Brighthouse Financial
Chief Executive Officer
Ed Spehar
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Chief Financial Officer
Conor Murphy
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Chief Operating Officer
John Rosenthal
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Chief Investment Officer
Christine DeBiase
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Myles Lambert
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Anant Bhalla
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Source: SEC filing on April 28, 2020.