Corebridge Financial Appoints New Chief Accounting Officer
Ticker: CRBD · Form: 8-K · Filed: Apr 5, 2024 · CIK: 1889539
Sentiment: neutral
Topics: executive-appointment, compensation, cao
Related Tickers: CRBG
TL;DR
CRBG names new CAO, Sarah Johnson, starting April 15th with $375k salary + stock.
AI Summary
Corebridge Financial, Inc. announced on April 2, 2024, the appointment of Sarah M. Johnson as Chief Accounting Officer, effective April 15, 2024. She will receive an annual base salary of $375,000 and will be eligible for the company's annual incentive plan. Additionally, Ms. Johnson will be granted restricted stock units with a target value of $1,000,000, vesting over three years.
Why It Matters
The appointment of a new Chief Accounting Officer is a key leadership change that can impact financial reporting accuracy and investor confidence.
Risk Assessment
Risk Level: low — This filing is a routine executive appointment and compensation disclosure, with no immediate financial or operational risks indicated.
Key Numbers
- $375,000 — Annual Base Salary (For the new Chief Accounting Officer, Sarah M. Johnson.)
- $1,000,000 — Restricted Stock Units Target Value (Granted to Sarah M. Johnson, vesting over three years.)
Key Players & Entities
- Corebridge Financial, Inc. (company) — Registrant
- Sarah M. Johnson (person) — Appointed Chief Accounting Officer
- $375,000 (dollar_amount) — Annual base salary for Sarah M. Johnson
- $1,000,000 (dollar_amount) — Target value of restricted stock units for Sarah M. Johnson
- April 15, 2024 (date) — Effective date of Sarah M. Johnson's appointment
- April 2, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new Chief Accounting Officer at Corebridge Financial, Inc.?
Sarah M. Johnson has been appointed as the new Chief Accounting Officer.
When is Sarah M. Johnson's appointment as Chief Accounting Officer effective?
Her appointment is effective April 15, 2024.
What is Sarah M. Johnson's annual base salary?
Her annual base salary is $375,000.
What is the target value of the restricted stock units granted to Sarah M. Johnson?
The target value of the restricted stock units is $1,000,000.
Over what period will Sarah M. Johnson's restricted stock units vest?
The restricted stock units will vest over three years.
Filing Stats: 499 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-04-05 16:16:15
Filing Documents
- crbg-20240402.htm (8-K) — 27KB
- 0001889539-24-000009.txt ( ) — 179KB
- crbg-20240402.xsd (EX-101.SCH) — 2KB
- crbg-20240402_def.xml (EX-101.DEF) — 15KB
- crbg-20240402_lab.xml (EX-101.LAB) — 26KB
- crbg-20240402_pre.xml (EX-101.PRE) — 15KB
- crbg-20240402_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Corebridge Financial, Inc. Date: April 5, 2024 By: /s/ Christine Nixon Name: Christine Nixon Title: Executive Vice President and General Counsel