Michel A. Khalaf has been the President and CEO of MetLife, Inc. since May 1, 2019. Before stepping into this role, he was in charge of MetLife’s operations in the U.S., Europe, the Middle East, and Africa. Khalaf's journey to...
Michel A. Khalaf has been the President and CEO of MetLife, Inc. since May 1, 2019. Before stepping into this role, he was in charge of MetLife’s operations in the U.S., Europe, the Middle East, and Africa. Khalaf's journey to the U.S. began in 2019 when he relocated from Dubai, bringing along his experience in managing diverse markets and integrating businesses following acquisitions. As CEO, he emphasizes innovation and efficiency. Interestingly, in 2023, his total compensation was over $20 million, which included a salary of $1.475 million and a bonus of $4.8 million. Most of his pay came from vested stocks worth around $15 million. This reliance on past performance shows how much he has tied his interests to MetLife's success. Additionally, Khalaf has been a vital part of rebranding efforts for MetLife across 55 markets, highlighting his commitment to the company's growth and adaptation. The company's board appreciates his strategic initiatives, which focus on consistent growth even during challenging times. Under his leadership, MetLife is more than just an insurance giant; it’s a company looking to the future with less bureaucracy and more agility.