F&G Annuities & Life, Inc. (NYSE: FG) announced that Chris Blunt will retire as chief executive officer, with Conor Murphy appointed as CEO and president, effective June 30, 2026.

Blunt, who has served as CEO since 2019, will remain on F&G's board of directors and will continue as CEO of subsidiary Peak Altitude Equity, LLC, the company's owned distribution business. In that role, he will lead a process to explore strategic alternatives for Peak Altitude.

Murphy joined F&G in April 2025 and has held the roles of chief financial officer and, since August 2025, president and CFO. He has 38 years of experience in financial services, including prior roles as president and CEO of Resolution Life US and executive vice president and chief operating officer at Brighthouse Financial. He also held multiple senior positions at MetLife over 17 years.

Michael Bailey will join the company as executive vice president and chief financial officer on August 3, 2026. Bailey most recently served as retail CFO of Corebridge Financial, Inc. and has 27 years of actuarial and financial experience in the life and annuity industry. Mark Wiltse, F&G's current chief accounting officer, will serve as interim CFO until Bailey's start date.

William P. Foley II, chairman of F&G's board, said in a statement that Blunt "has been a transformative leader" and that Murphy's "extensive experience across the insurance industry in both the U.S. and internationally has been evident in the impact that he has made since joining the Company last year."