Corebridge and Equitable Holdings Announce Leadership Team Post-Merger
Corebridge (CRBG) and Equitable Holdings (EQH) announced the leadership team for the future combined company, effective upon completion of the previously announced merger. Today, the company announced the following leaders will report to Chief Executive Officer Marc Costantini upon close: As previously announced, Robin M. Raju will serve as Chief Financial Officer of the combined company, with responsibility for financial reporting, asset-liability management, strategic financial planning, M&A and investor relations, in addition to key capital management initiatives that drive growth and shareholder value. He will also oversee investment management for the combined company's separate account funds. Jeffrey J. Hurd will serve as Chief Operating Officer and Chief Human Resources Officer, overseeing client and advisor support and service operations, human resources, marketing, communications and corporate services for the combined company. Polly Klane will serve as General Counsel and Chief Legal Officer, overseeing all legal, compliance, board governance, regulatory and governmental affairs for the combined company. Seth Bernstein will continue to serve as Chief Executive Officer of AllianceBernstein, the combined company's global asset management business serving institutional, high-net-worth and retail investors. Onur Erzan, who was recently appointed President of AllianceBernstein and leads the firm's Private Wealth Management, Global Asset Management Distribution and Global Private Alternatives businesses, will also join the combined company's leadership team. David Ditillo will serve as Chief Information Technology Officer, leading the combined company's aspiration to enhance the customer experience through technology and digital solutions. Mr. Ditillo currently serves as Chief Information Officer for Corebridge, a role he has held since 2020, and also oversees resiliency and physical security for the company. Prior to this, he spent two decades at MetLife. Julia Zhang will serve as Chief Risk Officer, responsible for the combined company's Enterprise Risk Management function to protect the new company's balance sheet, while supporting growth. She will also have administrative oversight of the Audit function. Ms. Zhang is currently Chief Risk Officer for Equitable Holdings and has been with the company for nearly two decades, previously serving as Head of Treasury and Derivatives.
