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.
Average pay of disclosed executives at Brighthouse Financial
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.

Related executives

Eric Steigerwalt

Brighthouse Financial

Chief Executive Officer

Ed Spehar

Brighthouse Financial

Chief Financial Officer

Christine DeBiase

Brighthouse Financial

Chief Administrative Officer

Conor Murphy

Brighthouse Financial

Chief Operating Officer

John Rosenthal

Brighthouse Financial

Chief Investment Officer

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Source: SEC filing on April 26, 2022.