Brighthouse Financial Announces Departure of Anant Bhalla, Chief Financial Officer

– Conor Murphy, chief operating officer, named interim chief
financial officer –

CHARLOTTE, N.C.–(BUSINESS WIRE)–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 Company’s financial statements or disclosures, or
accounting principles and practices. The Company will immediately
commence a search for Bhalla’s 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 Financial’s 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 MetLife’s Europe, the Middle East and Africa
(EMEA) region, and as chief financial officer for MetLife’s 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.

Contacts

FOR INVESTORS
David Rosenbaum
(980) 949-3326
[email protected]

FOR MEDIA
Meghan Lantier
(980) 949-4142
[email protected]

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