Leadership & Pay ·
Equitable Holdings names Onur Erzan CEO of AllianceBernstein with $13.5M target pay as Seth Bernstein retires
EQHEquitable Holdings, Inc.
Equitable Holdings announced the retirement of Seth Bernstein as CEO of AllianceBernstein and Head of Asset Management, effective March 31, 2027. Bernstein will receive a $2.5 million appreciation grant, a $1.0 million equity award, and $325,000 in salary continuation. Onur Erzan has been appointed as AB's new CEO and President, also effective April 1, 2027, with a total compensation target of $13.5 million for fiscal year 2027. The company also reported routine results from its September 23 annual meeting, including the uncontested election of nine directors, ratification of PricewaterhouseCoopers as auditor, and approval of executive compensation. Equitable Holdings operates in the financial services industry, providing insurance, asset management, and retirement solutions.