UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 28, 2019 (February 27, 2019)
Brighthouse Financial, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 001-37905 | 81-3846992 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
11225 North Community House Road Charlotte, North Carolina |
28277 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code:
(980) 365-7100
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 28, 2019, Brighthouse Financial, Inc. (Brighthouse Financial or the Company) issued a news release announcing the departure of Anant Bhalla, the Companys Chief Financial Officer, effective March 14, 2019. Conor Murphy, the Companys Chief Operating Officer, has been appointed to serve as the interim Chief Financial Officer, effective February 27, 2019. Mr. Bhalla will pursue new opportunities and his departure is not due to any matters related to the Companys financial statements or disclosures, or accounting principles and practices. The Company will immediately commence a search for Mr. Bhallas successor. A copy of the news release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Mr. Murphy, age 50, has served as the Companys Chief Operating Officer since June 2018. Prior to that, he served as the Companys Executive Vice President and Chief Product and Strategy Officer and was the head of Client Solutions. Prior to joining Brighthouse Financial in September 2017, Mr. Murphy was the chief financial officer for MetLife, Inc.s (MetLife) Latin America region, a position he held since 2012. Previously, he led MetLifes international strategic planning organization, responsible for global business strategy, including M&A in international markets. Mr. Murphys broad experience also includes serving as chief financial officer for MetLifes Europe, the Middle East and Africa (EMEA) region, MetLifes head of investor relations and chief financial officer of MetLifes Investments organization.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
Exhibit No. |
Description | |
99.1 | News release of Brighthouse Financial, Inc., dated February 28, 2019, announcing departure of Anant Bhalla, Chief Financial Officer. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BRIGHTHOUSE FINANCIAL, INC. | ||
By: | /s/ D. Burt Arrington | |
Name: | D. Burt Arrington | |
Title: | Corporate Secretary |
Date: February 28, 2019
Exhibit 99.1
FOR IMMEDIATE RELEASE
BRIGHTHOUSE FINANCIAL ANNOUNCES DEPARTURE OF ANANT BHALLA,
CHIEF FINANCIAL OFFICER
- Conor Murphy, chief operating officer, named interim chief financial officer -
CHARLOTTE, NC, February 28, 2019 Brighthouse Financial, Inc. (Brighthouse Financial or the Company) (Nasdaq: BHF) today announced that the Company and Anant Bhalla, chief financial officer, have decided to part ways amicably, effective March 14, 2019. Conor Murphy, chief operating officer, was appointed to serve as interim chief financial officer, effective yesterday. Bhalla will pursue new opportunities and his departure is not due to any matters related to the Companys financial statements or disclosures, or accounting principles and practices. The Company will immediately commence a search for Bhallas successor.
Anant played a key role in our spin-off and establishment as a stand-alone public company, said Eric Steigerwalt, president and chief executive officer, Brighthouse Financial. We thank Anant for his contributions during this time and wish him well in his future endeavors.
Since assuming the role of chief operating officer in June 2018, Murphy has had oversight of Brighthouse Financials operations, finance, accounting, and product departments. Murphy also heads strategy for the Company. Prior to joining Brighthouse Financial in 2017, Murphy was the chief financial officer for MetLife, Inc.s (MetLife) Latin America region. He also served as head of investor relations for MetLife, as chief financial officer for MetLifes Europe, the Middle East and Africa (EMEA) region, and as chief financial officer for MetLifes Investments organization. Murphy joined MetLife from PwC and began his career at Grant Thornton LLP.
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About Brighthouse Financial, Inc.
Brighthouse Financial, Inc. (Brighthouse Financial) (Nasdaq: BHF) is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S., we specialize in products designed to help people protect what theyve earned and ensure it lasts. Learn more at brighthousefinancial.com.
CONTACT
FOR INVESTORS
David Rosenbaum
(980) 949-3326
david.rosenbaum@brighthousefinancial.com |
FOR MEDIA
Meghan Lantier
(980) 949-4142
mlantier@brighthousefinancial.com |
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