Corebridge Financial and Equitable Holdings named the leadership slate for their planned combined company, setting the team that will take over if the merger closes by year-end 2026.
Marc Costantini, currently Corebridge’s president and chief executive officer, will become chief executive officer of the combined company. Mark Pearson, Equitable Holdings’ president and chief executive officer, will serve as executive chair.
The companies said Robin M. Raju will be chief financial officer, adding responsibility for financial reporting, asset-liability management, strategic financial planning, M&A, investor relations, capital management initiatives and investment management for separate account funds. Raju is currently CFO at Equitable Holdings and has been with the company for more than 20 years.
Jeffrey J. Hurd will become chief operating officer and chief human resources officer, with oversight of client and advisor support, service operations, HR, marketing, communications and corporate services, plus the joint integration office. He currently serves as COO of Equitable Holdings and has held that role for nearly a decade after a 20-year career at AIG.
Polly Klane, now Corebridge’s general counsel and chief legal officer, will keep that role for the combined company, overseeing legal, compliance, board governance, regulatory and governmental affairs.
The combined company’s asset management business, AllianceBernstein, will continue to be led by Seth Bernstein as chief executive officer. Onur Erzan, recently named president of AllianceBernstein, will also join the leadership team.
John Byrne will lead individual distribution, covering the wholesale network for annuity and life insurance products, including more than 900 relationships with banks, broker-dealers and independent marketing organizations. Byrne currently heads financial distributors at Corebridge and has been there for more than two decades.
David Karr will lead wealth management, including Equitable Advisors and Corebridge financial professionals. He has been with the company for three decades and currently chairs Equitable Advisors.
Lisa Longino will be chief investment officer for the combined company’s general account, which the release puts at about $366 billion. Longino has been Corebridge’s CIO since 2023.
Jonathan Novak will lead institutional markets, covering public and corporate pension plans, endowments, foundations, insurers and other large financial institutions. He currently oversees institutional markets, enterprise in-force management and reinsurance at Corebridge.
Bryan Pinsky will lead individual retirement and life insurance, including the combined company’s annuity and life insurance portfolios. He currently serves as Corebridge’s president of individual retirement and life insurance.
Steve Scanlon will lead group retirement, including the workplace retirement business and employee benefits. He currently leads Equitable’s individual retirement business.
David Ditillo will be chief information technology officer, and Julia Zhang will be chief risk officer.
The companies said the combined firm would have more than 12 million customers and $1.5 trillion in assets under management and administration. Corebridge reported more than $380 billion in assets under management and administration as of March 31, 2026. Following these announcements, the company's shares moved -2.88%, and are now trading at a price of $25.58. For the full picture, make sure to review Corebridge Financial's 8-K report.
