Mergers, Acquisitions & Market Dynamics

Marc Costantini Named CEO of Corebridge Financial

Corebridge

Industry Leader Brings Deep Experience and Proven Track Record of Value Creation and Sustainable Growth

Current CEO Kevin Hogan to Transition to Special Advisor to Board

Corebridge Financial, Inc. today announced that its Board of Directors has appointed Marc Costantini to become Chief Executive Officer of the Company, effective December 1, 2025. Costantini will also join the Corebridge Board of Directors on that date. He will succeed Kevin Hogan, who will transition to Special Advisor to the Board and will remain in that position for six months after the arrival of Costantini.

Costantini will join Corebridge from Manulife, where he served most recently as Global Head of Strategy and Inforce Management. In this position, he led Corporate Strategy, Corporate Development, Life Reinsurance and initiatives to improve the profitability and risk profile of Manulife’s inforce business. Previously, Costantini served as President & CEO for Corporate Development, Strategy and Digital Solutions for Munich Re’s North America Life & Health business. Earlier in his career, he served as EVP, Commercial and Government Markets for Guardian after having initially been appointed as the company’s CFO. He is a Fellow of the Society of Actuaries.

Alan Colberg, Chair of the Board, said, “Following a rigorous succession planning process, we are pleased to announce the appointment of Marc Costantini as the next Chief Executive Officer of Corebridge. With over 35 years of experience at some of the leading firms in our industry, Marc brings a broad and deep skillset that includes strategy, product innovation, digital solutions, corporate development, operations, finance, distribution and risk management. He has a strong customer orientation and a proven track record of successful strategic evolution, profitable growth and shareholder value creation. Marc is the ideal individual to lead our company as we move into the next chapter.”

Colberg added, “The Board wishes to express its sincere gratitude to Kevin Hogan for his significant contributions to Corebridge. As CEO for more than a decade, he built the Company into one of the largest providers of retirement solutions and life insurance products in the United States, with an outstanding team and a culture dedicated to helping individuals plan, save for and achieve secure financial futures. He also led a successful separation from AIG, with Corebridge meeting all of its stated financial targets and creating significant long-term value for shareholders. Under Kevin’s leadership, Corebridge recently announced a transformational variable annuity reinsurance transaction.”

Costantini said, “I am honored to join Corebridge at this exciting time, as it is in its early days as an independent company and has significant growth opportunities ahead. Corebridge is an industry leader with a deep bench of talent and a track record of delivering value to all of its stakeholders. I commend Kevin and the team for what they have accomplished and am looking forward to building on that momentum.”

Hogan said, “I am very proud of what the Corebridge team has achieved, both as part of AIG and since becoming an independent company. I am confident that the company will be in great hands under Marc’s leadership, and I look forward to facilitating a smooth and seamless transition.”

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