Anders Malmström served as the CEO of Equitable Holdings from early 2016 until his resignation in March 2021. He holds a Master's degree in Business Administration from the prestigious Stockholm School of Economics and has considerable experience in finance. Notably,...
Anders Malmström served as the CEO of Equitable Holdings from early 2016 until his resignation in March 2021. He holds a Master's degree in Business Administration from the prestigious Stockholm School of Economics and has considerable experience in finance. Notably, during his leadership at Equitable, his total compensation peaked at around $5.1 million in 2020, primarily from stock awards and salary. He's known for his transparent approach to performance metrics, focusing on things like non-GAAP operating earnings and premiums. Under his watch, the company saw fluctuations in stock performance, with his vested stock worth over $2.65 million in 2021. After stepping down, he moved back to Switzerland to be closer to family, signaling a personal priority over corporate ambitions. His time at the company also saw a series of insider trading activities, with notable trades over several years, peaking in value at around $7.39 million in early 2024. While at Equitable, Malmström played a key role in shaping company policies and financial strategies that affected both employees and shareholders, leaving behind a legacy intertwined with financial performance.