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Brighthouse Financial Executive Compensation (FY25)

BHF · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Eric Steigerwalt
Latest say-on-pay support
=
June 2, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 18, 2026Latest filing (8-K): June 3, 2026
12 filings cited on this page
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278 figures on this page: 269 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Eric Steigerwalt: $10,068,833 → $10,461,127 (3.9% higher)
Say-on-pay support: 93.3% → 98.5% (5.2 points higher)
CEO pay ratio: 67:1 → 69:1 (3.0% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Brighthouse Financial's chief executive and what were they paid?
Eric Steigerwalt was paid $10,461,127 in total compensation as President and Chief Executive Officer for fiscal 2025. Steigerwalt's total was 3.9% higher than the $10,068,833 reported for fiscal 2024.
What was Brighthouse Financial's say-on-pay result?
The say-on-pay proposal drew 98.5% of votes cast for or against in favor at the meeting held June 2, 2026 for fiscal 2025.
Which companies are in Brighthouse Financial's peer group?
The disclosed peer group includes Ameriprise Financial, Inc., Assurant, Inc., CNO Financial Group, Inc., Corebridge Financial, Inc. and Equitable Holdings, Inc., among others.
What is Brighthouse Financial's chief executive pay ratio?
The company reported a chief executive pay ratio of 69:1 for fiscal 2025, against median employee compensation of $151,894.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Eric Steigerwalt
President and Chief Executive Officer
◇—◇—◇—◇◇
Myles Lambert
Executive Vice President and Chief Distribution Officer
◇—◇—◇—◇◇
Ed Spehar
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
John Rosenthal
Executive Vice President and Chief Investment Officer
◇—◇—◇—◇◇
Vonda Huss
Executive Vice President and Chief Human Resources Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Eric Steigerwalt
President and Chief Executive Officer
◇—◇—◇—◇◇
Ed Spehar
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
John Rosenthal
Executive Vice President and Chief Investment Officer
◇—◇—◇—◇◇
Myles Lambert
Executive Vice President and Chief Distribution Officer
◇—◇—◇—◇◇
Vonda Huss
Executive Vice President and Chief Human Resources Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Eric Steigerwalt
President and Chief Executive Officer
◇—◇—◇—◇◇
Ed Spehar
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
John Rosenthal
Executive Vice President and Chief Investment Officer
◇—◇—◇—◇◇
Myles Lambert
Executive Vice President and Chief Marketing and Distribution Officer
◇—◇—◇—◇◇
Allie Lin
Executive Vice President and General Counsel
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Eric Steigerwalt
President and Chief Executive Officer
◇—◇—◇—◇◇
Ed Spehar
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
John Rosenthal
Executive Vice President and Chief Investment Officer
◇—◇—◇—◇◇
Myles Lambert
Executive Vice President and Chief Operating Officer
◇—◇—◇—◇◇
Allie Lin
Executive Vice President, General Counsel and Corporate Secretary
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Allie LinRSU◇——◇——◇
Allie LinPSU◇◇◇—◇—◇
Ed SpeharPSU◇◇◇—◇—◇
Ed SpeharRSU◇——◇——◇
Eric SteigerwaltPSU◇◇◇—◇—◇
Eric SteigerwaltRSU◇——◇——◇
John RosenthalRSU◇——◇——◇
John RosenthalPSU◇◇◇—◇—◇
Myles LambertRSU◇——◇——◇
Myles LambertPSU◇◇◇—◇—◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Eric SteigerwaltRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Allie LinRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Ed SpeharPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Myles LambertPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
John RosenthalRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Allie Lin
Executive Vice President, General Counsel and Corporate Secretary · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Ed Spehar
Executive Vice President and Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Eric Steigerwalt
President and Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Stephen C. Hooley
◇◇————◇
Eileen A. Mallesch
◇◇————◇
Diane E. Offereins
◇◇————◇
Paul M. Wetzel
◇◇————◇
Carol D. Juel
◇◇————◇
Lizabeth H. Zlatkus
◇◇————◇
Michael J. Inserra
◇◇————◇
C. Edward Chaplin and Eric T. Steigerwalt served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Ameriprise Financial, Inc. AMP
  • Assurant, Inc. AIZ
  • CNO Financial Group, Inc. CNO
  • Corebridge Financial, Inc. CRBG
  • Equitable Holdings, Inc. EQH
  • Globe Life Inc. GL
  • Jackson Financial Inc. JXN
  • Lincoln National Corporation LNC
  • Principal Financial Group, Inc. PFG
  • Reinsurance Group of America, Incorporated RGA
  • Sun Life Financial Inc. SLF
  • Unum Group UNM
  • Voya Financial, Inc. VOYA

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 2, 2026=◇◇◇
2024June 12, 2025=◇◇◇
2023June 6, 2024=◇◇◇
2022June 8, 2023=◇◇◇
2021June 8, 2022=◇◇◇
2020June 10, 2021=◇◇◇
2019June 10, 2020=◇◇◇
2018June 13, 2019=◇◇◇
2017May 23, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Eric Steigerwalt (President and Chief Executive Officer), FY2025 total compensation $10,461,127 (base salary $1,050,000) [exec_comp, SEC accession 0001193125-26-154952, filed 2026-04-14]

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What this page does not include

Everything above is a fact Brighthouse Financial disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Brighthouse Financial sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
278 figures on this page: 269 cited to the filing that reported them, 9 calculated from figures it prints.
269 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001685040-26-000022
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-154952
    2025 Director Compensation Table · CEO Pay Ratio · CISO · Grants of Plan-Based Awards in 2025 · and 2 more sections
  3. 0001685040-25-000038
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-25-101792
    Compensation Discussion and Analysis · Summary Compensation Table for 2024
  5. 0001685040-24-000023
  6. 0001193125-24-099870
    Summary Compensation Table for 2023
  7. 0001685040-23-000050
  8. 0001685040-22-000022
  9. 0001685040-21-000022
  10. 0001685040-20-000021
  11. 0001193125-19-173690
  12. 0001193125-18-173741
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Brighthouse Financial executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/BHF (accessed 2026).
Short form: data: Velarion

The Brighthouse Financial brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Brighthouse Financial discloses

The companies named in BHF's own disclosed peer group.

Ameriprise Financial, Inc.Assurant, Inc.CNO Financial Group, Inc.Corebridge Financial, Inc.Equitable Holdings, Inc.Globe Life Inc.Jackson Financial Inc.Lincoln National CorporationPrincipal Financial Group, Inc.Reinsurance Group of America, IncorporatedUnum GroupVoya Financial, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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