Management ChangeJun 16, 2026, 07:06 AM
F&G Annuities & Life: Blunt Retires as CEO; Murphy Named CEO & President
AI Summary
F&G Annuities & Life announced significant executive leadership changes. Chris Blunt will retire as CEO of F&G effective June 30, 2026, to focus on his roles as a Director of F&G and CEO of subsidiary Peak Altitude, where he will explore strategic alternatives. Conor Murphy, currently President and CFO, will succeed Blunt as CEO and President. Additionally, Michael Bailey will join the company as Executive Vice President, Chief Financial Officer, effective August 3, 2026, with Mark Wiltse serving as Interim CFO until then.
Key Highlights
- Chris Blunt to retire as F&G CEO effective June 30, 2026.
- Blunt will continue as F&G Director and CEO of Peak Altitude, focusing on strategic alternatives.
- Conor Murphy appointed CEO and President of F&G, effective June 30, 2026.
- Murphy's target annual bonus increased to 200% of base salary, with a $6.0 million 2026 equity grant.
- Michael Bailey to join as EVP, Chief Financial Officer, effective August 3, 2026.
- Mark Wiltse to serve as Interim Chief Financial Officer until August 3, 2026.
Price Impact
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