Brighthouse Financial CEO Eric Steigerwalt's 2021 pay slips 3% to $7.9M
Brighthouse Financial reports 2021 executive compensation
By ExecPay News
Published: April 26, 2022
Brighthouse Financial reported fiscal year 2021 executive compensation information on April 26, 2022.
In 2021, five executives at Brighthouse Financial received on average a compensation package of $3.9M, a 3% decrease compared to previous year.
Eric T. Steigerwalt, Chief Executive Officer, received $7.9M in total, which decreased by 3% compared to 2020. 62% of Steigerwalt's compensation, or $4.9M, was in stock awards. Steigerwalt also received $1.8M in non-equity incentive plan, $925K in salary, as well as $255K in other compensation.
For fiscal year 2021, the median employee pay was $132,963 at Brighthouse Financial. Therefore, the ratio of Eric T. Steigerwalt's pay to the median employee pay was 60 to one.
John L. Rosenthal, Chief Investment Officer, received a compensation package of $3.1M, which decreased by 4% compared to previous year. 44% of the compensation package, or $1.4M, was in stock awards.
Ed Spehar, Chief Financial Officer, earned $3M in 2021, a 1% increase compared to previous year.
Conor Murphy, Chief Operating Officer, received $2.7M in 2021, which decreases by 4% compared to 2020.
Christine M. DeBiase, Chief Administrative Officer, earned $2.6M in 2021, a 4% decrease compared to previous year.