F&G Annuities & Life, Inc. (FGSN) company profile
Close on Oct 30, 2026Market cap $2.35BP/E 6.1Yield 5.07%
About F&G Annuities & Life
Life Insurance, SIC 6311
F&G provides insurance and retirement solutions, primarily focusing on annuities, life insurance, and institutional offerings. Its core retail portfolio includes fixed indexed annuities, registered index-linked annuities, multi-year guarantee annuities, and indexed universal life insurance designed to offer principal protection and wealth accumulation. For institutional clients, the company delivers pension risk transfer solutions and funding agreement programs, such as funding agreement-backed notes. F&G serves individual retail policyholders, particularly middle-market consumers planning for retirement, along with corporate pension plans and institutional investors seeking spread-lending instruments.
The enterprise operates across the United States, distributing products through a network of independent marketing organizations, banks, broker-dealers, and network marketing groups. Its customer base includes approximately 778,000 retail policyholders and 145,000 pension plan participants. Supported by over 1,100 employees, the company relies on long-term partnerships with distributors representing nearly 187,000 independent agents and advisors. The provided text does not state the specific location of the company's headquarters.
Summary of the business section of F&G Annuities & Life's latest annual report, written by StockData.
Company profile
Company
- Legal name
- F&G Annuities & Life, Inc.
- Founded
- 1959
- Headquarters
- Des Moines, IA
- Address
- 801 Grand Ave, Suite 2600 50309
- Phone
- (866) 846-4660
- Website
- fglife.com
- Employees
- 1,173, Dec 31, 2025
- Industry
- Life Insurance
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Des Moines, Iowa
Stock & identifiers
- Ticker
- FGSN
- Other tickers
- FG, FGN
- Exchange
- NYSE
- IPO date
- Nov 22, 2022
- Shares outstanding
- 131M, Jul 31, 2026
- Public float
- $667.85M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1934850
- CUSIP
- 30190A104
- ISIN
- US30190A1043
- EIN
- 85-2487422
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Christopher O. Blunt | Chief Executive Officer, Director | 1,107,128 |
| William P. Foley Ii | Executive Chairman, Director | 1,345,541 |
| Michael H. Bailey | EVP, Chief Financial Officer | 26,817 |
| Mark Wiltse | Interim CFO | 8,671 |
| Michael L. Gravelle | EVP, General Counsel & Corp S | 52,756 |
| Conor Murphy | President and CFO | 195,213 |
| Wendy J.B. Young | EVP, CLO & Treasurer | 105,154 |
| John David Currier Jr. | EVP, Senior Advisor | 78,518 |
| Leena Punjabi | EVP, Chief Investment Officer | 80,910 |
| David Edward Martin | SVP, Investment Risk and ALM | 30,571 |
| Michael Joseph Nolan | Director | 81,755 |
| Douglas K. Ammerman | Director | 64,903 |
| Raymond R. Quirk | Director | 312,539 |
| Celina J. Wang Doka | Director | 32,071 |
| John D. Rood | Director | 55,349 |
| Douglas Martinez | Director | 26,532 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $10.88M | $6.33M | $3.49M | $174 | $127 |
| FY2024 | $11.18M | $9.67M | $3.61M | $228 | $120 |
| FY2023 | $10.59M | $19.43M | $3.37M | $248 | $99 |
| FY2022 | $10.38M | $5.95M | $3.40M | $105 | $95 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Christopher O. Blunt Chief Executive Officer and Director | $550.00K | – | $8.50M | $1.76M | $65.11K | $10.88M | -3% |
| Conor E. Murphy President and Chief Financial Officer | $399.81K | $500.00K | $7.00M | $639.69K | $19.91K | $8.56M | – |
| Wendy J.B. Young Executive Vice President, Chief Liability Officer | $550.00K | – | $1.27M | $880.00K | $40.07K | $2.74M | -5% |
| Michael L. Gravelle Executive Vice President, General Counsel and Corporate Secretary | – | – | $600.02K | – | – | $600.02K | – |
| Leena Punjabi Executive Vice President, Chief Investment Officer | $540.39K | – | $1.72M | $864.62K | $31.47K | $3.15M | +47% |
| William P. Foley Executive Chairman | – | – | $6.50M | – | – | $6.50M | +0% |
| John D. Currier Executive Vice President, Senior Advisor | $550.00K | – | – | $880.00K | $83.73K | $1.51M | -48% |
| David E. Martin Senior Vice President, Investments Chief Operating Officer | $350.00K | $3.00K | $350.02K | $586.25K | $52.13K | $1.34M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Nov 30, 2023
- Exchange
- NYSE
- Lock-up ends (est.)
- May 28, 2024
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 1,173 full-time equivalent employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jan 7, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Nov 30, 2023 | Listing | Registration of securities on an exchange (Form 8-A) |
| Aug 10, 2023 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Aug 31, 2022 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |