• Corebridge Financial agreed to combine with Equitable Holdings in an all-stock merger, creating a retirement, life, wealth, and asset-management group with more than 12 million customers and USD 1.5 trillion in assets under management and administration.
• Marc Costantini, Corebridge president and CEO, is set to become CEO of combined company, with Equitable CEO Mark Pearson slated to serve as executive chair.
• Combined company named proposed leadership team, including Robin M. Raju as CFO, Jeffrey J. Hurd as COO and chief human resources officer, Polly Klane as general counsel and chief legal officer.
• Transaction expected to close by year-end 2026, subject to shareholder and regulatory approvals and other customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equitable Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260512809945) on May 12, 2026, and is solely responsible for the information contained therein.