Equitable, Corebridge Name Steve Scanlon, Bryan Pinsky to Run Combined Retirement Divisions

Equitable Holdings Inc. and Corebridge Financial Inc. announced Tuesday the leadership team for their future combined company, which will operate under the Equitable name.

Steve Scanlon was appointed to lead group retirement, including workplace retirement offerings such as 403(b) and 457 plans, and employee benefits. Bryan Pinsky was selected to run the new company’s individual retirement and life insurance businesses, including annuity and life insurance portfolios.

Scanlon and Pinsky will take their new positions upon completion of the merger, which was announced on March 26. The combined company will have more than 12 million customers in its retirement, life, wealth and asset management businesses and $1.5 trillion in assets under management and administration.

Currently, Scanlon leads Equitable’s individual retirement business. He previously led Equitable’s group retirement business and spent a decade at AllianceBernstein.

Pinsky, the current president of individual retirement at Corebridge, has been with the company for more than a decade and previously served as president of individual retirement.

Tuesday’s announcement also reported that John Byrne will lead individual distribution, including the wholesale distribution network for annuity and life insurance products, and David Karr will lead wealth management.

David Ditillo was named the new company’s chief information technology officer; Jeffrey Hurd was named chief operating officer and chief human resources officer; Polly Klane will be general counsel and chief legal officer; Lisa Longino will serve as chief investment officer; and Julia Zhang will serve as chief risk officer.

Seth Bernstein will continue as CEO of AllianceBernstein, the combined company’s global asset management business, and Onur Erzan, appointed president of AllianceBernstein in January, will continue in that role.

“When two organizations come together, our focus must go beyond combining capabilities to include the culture that will give those capabilities meaning and purpose,” said Mark Pearson, Equitable’s president and CEO, who will be the new company’s executive chair, in a statement. “Our leadership team understands this responsibility and is committed to creating a new culture that draws on the strengths of both organizations.”

The all-stock merger is expected to close by year-end 2026, subject to shareholder and regulatory approvals. Corebridge had more than $380 billion in AUM and AUA, and Equitable had $1.1 trillion in AUM and AUA as of March 31.