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AI brief of an SEC Form 8-K · F&G Annuities & Life (FG)

F&G Names Conor Murphy CFO Effective April 1, 2025; Wendy Young Moves to Chief Liability Officer

Neutral Impact 4 of 5 leadership Written later

F&G Annuities & Life announced that Chief Financial Officer Wendy Young will move to a newly created Chief Liability Officer role on April 1, 2025, and that Conor Murphy will become CFO on the same date. Murphy's employment agreement sets a base salary of $550,000, a 100% target bonus, a $500,000 one-time cash bonus and a $3 million performance-based restricted stock award, which gives shareholders visibility into the new finance chief's pay terms.

Key points

  • Conor Murphy, 56, becomes Chief Financial Officer effective April 1, 2025, succeeding Wendy Young.
  • Wendy Young moves to the newly created position of Chief Liability Officer on April 1, 2025.
  • Murphy's agreement has a three-year initial term and provides a $500,000 one-time cash bonus and a $3 million performance-based restricted stock award.
  • Murphy previously served as President and CEO of Resolution Life US and as Executive Vice President and Chief Operating Officer at Brighthouse Financial.

The filing

CompanyF&G Annuities & Life (FG)
Form8-K, current report
Filed with the SECFeb 25, 2025, 4:07 PM ET
Accession number0001934850-25-000010

Items reported: 1.01 Material Definitive Agreement5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 25, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.