leadership
confidence high
sentiment neutral
materiality 0.75
Corebridge appoints Marc Costantini as CEO effective Dec 1, 2025; Kevin Hogan transitions to special advisor
Corebridge Financial, Inc.
- Marc Costantini, former Global Head of Strategy at Manulife, named CEO and board member effective December 1, 2025.
- Costantini receives base salary of $1M, target STI of $2.5M, target LTI of $8M; one-time cash bonus of $5.5M and LTI of $10M.
- Kevin Hogan steps down as CEO on Dec 1, remains special advisor for 6 months; severance under Executive Severance Plan.
- Board cites Costantini's 35 years of industry experience and proven value creation; Hogan led successful AIG separation.
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