Corebridge Financial Inc. (NYSE:CRBG) announced that its board of directors has selected Marc Costantini as the company’s new chief executive officer, effective December 1, 2025. On the same date, Costantini will also join Corebridge’s board of directors.
Current CEO Kevin Hogan will transition to a role as special advisor to the board, remaining in this capacity for six months following Costantini’s start, the company stated.
Costantini arrives from Manulife, where he served as global head of strategy and inforce management. In that role, he oversaw corporate strategy, corporate development, life reinsurance, and initiatives aimed at boosting the profitability and risk profile of Manulife’s inforce business. Prior to Manulife, he was president and CEO for corporate development, strategy, and digital solutions for Munich Re’s North America life and health operations.
Earlier in his career, Costantini held the position of executive vice president for commercial and government markets at Guardian, following his initial appointment as the company’s chief financial officer. He is also a fellow of the Society of Actuaries.
“Following a rigorous succession planning process, we are pleased to announce the appointment of Marc Costantini as the next Chief Executive Officer of Corebridge,” said Alan Colberg, chair of the board. “With over 35 years of experience at some of the leading firms in our industry, Marc brings a broad and deep skillset.”
Based in Houston, Corebridge Financial provides retirement solutions and life insurance products in the United States, managing and administering more than $415 billion in assets as of June 30, 2025. Hogan led the company as CEO for more than a decade, overseeing its separation from American International Group Inc.
Corebridge Financial stock price
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.