Brighthouse Financial Announces Departure of Anant Bhalla, Chief Financial Officer

Brighthouse Financial, Inc. (Brighthouse Financial or the Company) (Nasdaq: BHF) today announced that the Company and Anant Bhalla, chief financial officer, have decided to part ways amicably, effective March 14, 2019. Conor Murphy, chief operating officer, was appointed to serve as interim chief financial officer, effective yesterday. Bhalla will pursue new opportunities and his departure is not due to any matters related to the Companys financial statements or disclosures, or accounting principles and practices. The Company will immediately commence a search for Bhallas successor.

Anant played a key role in our spin-off and establishment as a stand-alone public company, said Eric Steigerwalt, president and chief executive officer, Brighthouse Financial. We thank Anant for his contributions during this time and wish him well in his future endeavors.

Since assuming the role of chief operating officer in June 2018, Murphy has had oversight of Brighthouse Financials operations, finance, accounting, and product departments. Murphy also heads strategy for the Company. Prior to joining Brighthouse Financial in 2017, Murphy was the chief financial officer for MetLife, Inc.s (MetLife) Latin America region. He also served as head of investor relations for MetLife, as chief financial officer for MetLifes Europe, the Middle East and Africa (EMEA) region, and as chief financial officer for MetLifes Investments organization. Murphy joined MetLife from PwC and began his career at Grant Thornton LLP.

About Brighthouse Financial, Inc.

Brighthouse Financial, Inc. (Brighthouse Financial) (Nasdaq: BHF) is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S., we specialize in products designed to help people protect what they’ve earned and ensure it lasts. Learn more at brighthousefinancial.com.

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