F&G CEO Chris Blunt Retires, Conor Murphy Takes Over

F&G Annuities & Life announced that Chris Blunt will retire from his current role as Chief Executive Officer of F&G to focus on his roles as a Director of F&G and Chief Executive Officer of subsidiary Peak Altitude Equity. Conor Murphy, current President and Chief Financial Officer, will assume a broader role as Chief Executive Officer and President. These changes are effective June 30. Additionally, Michael Bailey will join the company as Executive Vice President, Chief Financial Officer effective August 3, and Mark Wiltse, F&G's Chief Accounting Officer, will serve as Interim Chief Financial Officer until August 3. Chris Blunt has served as the Chief Executive Officer of F&G since 2019, after 34 years in a variety of insurance, investment management and wealth management roles. He will continue to serve as a member of the F&G Board of Directors as well as Chief Executive Officer of Peak Altitude, the company's owned distribution business. Blunt will focus on leading the formal process to explore strategic alternatives for Peak Altitude to further grow the business and maximize value to F&G. Conor Murphy, F&G's current President and Chief Financial Officer, has been appointed by the F&G Board of Directors as Chief Executive Officer and President to succeed Blunt. Murphy joined F&G in April of 2025 and has 38 years of extensive experience, including a variety of executive roles at leading insurance companies in both the U.S. and abroad. Michael Bailey will join the company as Chief Financial Officer reporting to Conor Murphy. Bailey is an experienced executive with 27 years of extensive actuarial and financial experience in the life and annuity industry, having most recently served as the Retail Chief Financial Officer of Corebridge Financial.