Item 1.01. Entry Into a Material Definitive Agreement
The information set forth in Item 5.02 below is incorporated herein by reference.
Item 5.02. Departure of Directors or Certain Officers: Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On August 6, 2025, F&G Annuities & Life, Inc. ("we," the "Company" or "F&G") announced that John Currier will transition from his role as President of F&G and Mr. Currier will assume a senior advisory role reporting to Chris Blunt, Chief Executive Officer. In addition, Conor Murphy, who currently serves as the Company's Chief Financial Officer, has also assumed the role of President.
In connection with Mr. Murphy's expanded role as President and Chief Financial Officer of the Company, on August 6, 2025, Mr. Murphy entered into amendment No. 1 to certain Employment Agreement dated April 1, 2025 (the "Agreement") to:
1.Delete the first sentence of Section 2 of the Agreement and insert the following in lieu thereof:
Employment and Duties. Subject to the terms and conditions of this Agreement, the Company agrees to continue to employ Employee to serve as President and Chief Financial Officer, or in such other capacity as may be mutually agreed by the parties.
2.Delete Section 9(f)(i) of the Agreement and insert the following in lieu thereof:
(i) a material diminution in Employee's title of President, excluding the Chief Financial Officer title, Annual Base Salary or Annual Bonus Opportunity; or
The foregoing description of Amendment No. 1 to Employment Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of such agreement, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference in it's entirety.
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F&G Annuities & Life Inc. published this content on August 08, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on August 08, 2025 at 20:04 UTC.
