Recent Updates — BHF

Brighthouse Financial appointed Richard A. Cook as Chief Accounting Officer effective September 3, 2026, succeeding Melissa B. Pavlovich who resigned on September 2, 2026 to pursue a new opportunity. The departure is unrelated to financial statements or accounting practices. Mr. Cook will receive an annual base salary of $425,000 and target short-term incentive compensation equal to 60% of his base salary, plus long-term incentives valued at $219,500. He previously served as Deputy Chief Accounting Officer and Interim CAO since joining the company in 2016. Brighthouse Financial operates in the insurance industry, providing life insurance, annuities, and retirement services.

Brighthouse Financial reported second quarter 2026 net income available to shareholders of $956 million, or $16.53 per diluted share, compared to $60 million in the prior year period. Adjusted earnings were $258 million, or $4.45 per diluted share, up from $198 million previously. The company announced annuity sales of $2.4 billion and life sales of $39 million. Book value per common share was $84.35, while book value excluding accumulated other comprehensive income stood at $156.10. The pending merger with Aquarian Capital for $70.00 per share in an all-cash transaction valued at approximately $4.1 billion remains subject to insurance regulatory approvals in Delaware, New York, and Massachusetts, with a potential extension date of December 6, 2026. Brighthouse Financial is a provider of annuities and life insurance products in the United States.