Patrick J. Shouvlin is the CEO of Brighthouse Financial, Inc., a role he stepped into after joining the Board of Directors in 2017. A graduate of the University of Notre Dame with a degree in Accounting, Shouvlin has built a...

Current Market Cap

$3.17B

Number of Employees

1.5K

Total Compensation

2022 - 2023

Trending up by 210.49% last year
Showing total compensation for the last 2022 - 2023

Stock

Up by 0.00% last year

Salary

Up by 1.46% last year

Bonus

Up by 0.00% last year

Other

Up by 7.02% last year

Year

2023

Total Compensation

$4.01M

Salary

$1.00M

Board Justification

The compensation program is rooted in a pay-for-performance philosophy, aligning executive compensation with the achievement of strategic goals and shareholder value.

Bonus

$2.68M

Board Justification

The bonus is based on the Company's performance against established metrics, resulting in a payout percentage of 134% of the target bonus for 2023.

Other

$326.03K

Board Justification

This includes contributions to the Brighthouse Savings Plan and the Auxiliary Plan, as well as a stipend for home office expenses.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was reported as vested in 2023.

Performance Metrics

The performance metrics for 2023 included corporate expenses, annuity sales, life sales, and normalized statutory earnings.

SEC Filing

From April 18, 2024

Patrick J. Shouvlin

Ex-CEO of Brighthouse Financial

PJ

Education

Bachelor's degree in Accounting from the University of Notre Dame

Field of Expertise

Finance & Banking - Finance

Born

June 15, 1963 - 61 years ago

Is Founder?

No

Tenure

2 years 3 months (Mar 2022 - Jun 2024)

Previous Experience

He has extensive experience in the insurance and financial services industry, having held senior leadership roles in both Brighthouse Financial and MetLife.