– USA, NC – Brighthouse Financial, Inc. (Nasdaq: BHF) today announced the appointment of appointed Phil Bancroft to its Board as an independent director.
“Phil’s nearly two decades of experience as CFO at large, publicly traded insurance companies make him a tremendous asset to the Brighthouse Financial Board of Directors. He has a proven track record of executive leadership and will bring valuable insight and perspectives that will further enhance our Board. I am very pleased that he is joining us,” said Board Chairman, Chuck Chaplin.
Mr. Bancroft will also join on Audit Committee and Investment Committee as an “audit committee. under applicable U.S. Securities and Exchange Commission rules and appointed to serve
The company also announced that Pat Shouvlin will not stand for reelection at the upcoming 2023 AGM.
About Philip V. Bancroft
Phil Bancroft most recently served as CFO and EVP of Chubb, the world’s largest publicly traded property and casualty insurance company, from which he retired in 2021. Before that, he was CFO of ACE Limited from 2002 until ACE acquired Chubb in 2016, at which time he became CFO of Chubb. Before joining ACE, he spent nearly 20 years at PricewaterhouseCoopers in various roles, last serving as partner-in-charge for its New York regional insurance practice.
About Brighthouse Financial, Inc.
Brighthouse Financial, Inc. is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S.,1 we specialize in products designed to help people protect what they’ve earned and ensure it lasts.
Source: https://www.brighthousefinancial.com
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
