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...

Current Market Cap

$58.76B

Number of Employees

45K

Total Compensation

2019 - 2023

Trending up by 235.60% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 6.31% last year

Bonus

Down by -4.00% last year

Other

Up by 0.97% last year

Year

2023

Total Compensation

$22.37M

Salary

$1.48M

Board Justification

MetLife's compensation philosophy aims to provide competitive total compensation opportunities to attract, retain, and motivate high-performing executives, aligning compensation with performance and shareholder interests.

Bonus

$4.80M

Board Justification

Annual cash incentive based on performance relative to Company and individual goals for 2023, paid in 2024.

Other

$279.92K

Board Justification

Includes employer 401(k) contributions and perquisites such as personal car service and tax preparation services.

Restricted Stock

$15.81M(236.77K RSU)

Board Justification

Shares from Performance Shares vested in 2023 based on performance metrics achieved during the 2021-2023 performance period.

Performance Metrics

Performance metrics for 2023 included Adjusted Earnings, Adjusted ROE, and TSR relative to peers.

SEC Filing

From April 26, 2024