Core Insights - F&G Annuities & Life, Inc. announced the appointment of Wendy Young as Chief Liability Officer and Conor Murphy as Chief Financial Officer, effective April 1, 2025, as part of an organizational restructuring to support the company's growth strategy [1][2]. Group 1: Leadership Changes - Wendy Young will transition from her role as Chief Financial Officer to Chief Liability Officer, a newly created position focused on liability management, reinsurance activities, and offshore entities [1][2]. - Conor Murphy has been appointed as the new Chief Financial Officer, bringing extensive experience from previous roles at leading insurance companies, including Resolution Life US and Brighthouse Financial [1][2]. Group 2: Company Growth and Strategy - The company has experienced significant growth over the past five years, doubling its assets under management while diversifying its product offerings and distribution channels [2]. - The restructuring aims to ensure effective management of growth and to maximize profitability and return on equity, ultimately delivering long-term shareholder value [2]. Group 3: Company Overview - F&G Annuities and Life, Inc. is a leading provider of insurance solutions, serving both retail annuity and life customers as well as institutional clients, and is headquartered in Des Moines, Iowa [3].
F&G Annuities & Life Announces Chief Financial Officer Transition