Brighthouse Financial Appoints Carol D. Juel to Board of Directors

Rhea-AI Summary

Brighthouse Financial announced the appointment of Carol D. Juel as an independent Board member, effective November 17, 2021. Juel brings extensive technology and financial services experience, currently serving as Executive VP and Chief Technology Officer at Synchrony Financial and previously as CIO at GE Capital Retail Finance. Her expertise is expected to provide valuable insights into the company's strategy amidst a changing technology landscape. Brighthouse Financial is a leading provider of annuities and life insurance in the U.S.

Positive

• Carol D. Juel's appointment brings a strong background in technology and financial services, potentially enhancing board effectiveness.
• Diverse experience in technology governance and operations may positively impact strategic decisions.

Negative

• Concerns about continuity and experience gaps as a new board member may take time to integrate into the company.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Brighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today that on November 1, 2021, its Board of Directors (the “Board”) appointed Carol D. Juel as an independent member of the Board, effective November 17, 2021.

“We are very excited to welcome Carol to the Brighthouse Financial Board of Directors,” said C. Edward (“Chuck”) Chaplin, chairman of the Board, Brighthouse Financial. “Carol brings an impressive combination of technology and financial services expertise to our Board. Further, in today’s ever-changing technology landscape, her experience as a chief technology and operating officer and chief information officer will bring valuable perspectives to our Board.”

Ms. Juel is currently executive vice president, chief technology and operating officer of Synchrony Financial. Prior to her current role, she served as Synchrony’s chief information officer from 2014 to June 2021. Prior to Synchrony, she served as chief information officer of GE Capital Retail Finance. During her ten years with GE, Ms. Juel held a variety of senior leadership roles in technology governance, security, business development, digital and marketing. Before joining GE, she was a technology consultant at Accenture, where she focused on the financial services sector.

About Brighthouse Financial, Inc.

Brighthouse Financial, Inc. (Brighthouse Financial) (Nasdaq: BHF) is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S.,¹ we specialize in products designed to help people protect what they’ve earned and ensure it lasts. Learn more at brighthousefinancial.com.

¹ Ranked by 2020 admitted assets. Best’s Review^®: Top 200 U.S. Life/Health Insurers. A.M. Best, 2021.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211101005841/en/

FOR INVESTORS

Dana Amante

(980) 949-3073

damante@brighthousefinancial.com

FOR MEDIA

Deon Roberts

(980) 949-3071

deon.roberts@brighthousefinancial.com

Source: Brighthouse Financial, Inc.

FAQ

Who is Carol D. Juel and what is her role at Brighthouse Financial?

Carol D. Juel is an independent Board member appointed on November 17, 2021, bringing expertise in technology and financial services.

What experience does Carol D. Juel have prior to joining Brighthouse Financial?

She served as Chief Technology and Operating Officer at Synchrony Financial and has held various senior roles at GE Capital Retail Finance.

What is the significance of Carol D. Juel's appointment to Brighthouse Financial?

Her appointment is expected to provide valuable perspectives in technology and operations, enhancing the Board's decision-making.

When was Carol D. Juel appointed to the Brighthouse Financial Board?

She was appointed on November 1, 2021, and her term begins on November 17, 2021.