secwatch.observer — SEC 8-K summary
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Issuer:     Brighthouse Financial, Inc. (BHF)
CIK:        0001685040
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001685040-23-000014
Event type: leadership
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brighthouse Financial appoints Philip Bancroft to Board; director Shouvlin to retire at 2023 meeting
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- Philip V. Bancroft appointed as independent director and audit committee financial expert, effective March 27, 2023.
- Bancroft will serve on the Audit and Investment Committees; expected to succeed Shouvlin as Audit Committee chair at 2023 annual meeting.
- Patrick J. Shouvlin will not stand for reelection due to company's mandatory retirement policy at age 72.
- Bancroft most recently served as CFO of Chubb (retired 2021) and previously CFO of ACE Limited.
- Board increased from nine to ten temporarily; expects to reduce back to nine after 2023 annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1685040/000168504023000014/0001685040-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1685040/000168504023000014/bhf-20230327.htm
  HTML page:      https://secwatch.observer/filing/0001685040-23-000014

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