Brighthouse Financial, Inc. Announces Executive Changes
September 03, 2021 at 01:47 am IST
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On September 2, 2021, the Board of Directors of Brighthouse Financial, Inc. (the Company") appointed Kristine H. Toscano as the Company's Chief Accounting Officer (CAO"), effective September 10, 2021. Ms. Toscano will succeed Lynn A. Dumais, who will step down from the position of CAO effective as of Ms. Toscano's appointment. From June 2015 until August 2021, Ms. Toscano, served as Vice President, Assistant Controller of Lincoln National Corporation (Lincoln Financial"), an insurance and financial services company. She also served as Lincoln Financial's Vice President, Accounting Policy from February 2008 until June 2015.
Brighthouse Financial, Inc. is annuities and life insurance provider. The Companyâs segments include Annuities, Life, and Run-off. The Annuities segment consists of a variety of variable, fixed, index-linked and income annuities designed to address contract holderâs needs for protected wealth accumulation on a tax-deferred basis, wealth transfer and income security. The Life segment consists of insurance products and services, including term, universal, whole, and variable life products designed to address policyholdersâ needs for financial security and protected wealth transfer, which may be on a tax-advantaged basis. The Run-off segment consists of products that are separately managed, including universal life with secondary guarantees, structured settlements, pension risk transfer contracts, certain Company-owned life insurance policies and certain funding agreements. Its mortgage loans are principally collateralized by commercial, agricultural, and residential properties.