Longtime MetLife exec Michel Khalaf succeeded Steven Kandarian as the insurer's CEO on May 1 of 2019. Khalaf, who was most recently president, U.S. Business and EMEA, is expected to bring his global experience to bear as he continues Kandarian’s work on de-risking the business. MetLife’s revenues climbed nearly 3% to $67.9 billion last year, while its profits jumped almost 28%. The insurer is still recovering from its 2017 disclosure that it failed to pay out owed pension payments, news that affected public perception more than its stock price.
Company Info
| CEO | Michel A. Khalaf |
| CEO Title | Chief Executive Officer & Director |
| Sector | Financials |
| Industry | Insurance: Life, Health (stock) |
| HQ Location | New York, N.Y. |
| Website | www.metlife.com |
| Years on Fortune 500 List | 25 |
| Employees | 48,000 |
Key Financials (Last Fiscal Year)
| Revenues ($M) | $67,941 |
| Profits ($M) | $5,123 |
| Assets ($M) | $687,538 |
| Total Stockholder Equity ($M) | $52,741 |
Profit Ratios
| Profit as % of Revenues | 7.5% |
| Profits as % of Assets | 0.7% |
| Profits as % of Stockholder Equity | 9.7% |
Earnings Per Share (Last Fiscal Year)
| Earnings Per Share ($) | 491 |
| EPS % Change (from 2017) | 35.6% |
| EPS % Change (5 year annual rate) | 11.0% |
| EPS % Change (10 year annual rate) | 1.7% |
Total Return
| Total Return to Investors (2018) | -15.7% |
| Total Return to Investors (5 year, annualized) | -0.1% |
| Total Return to Investors (10 year, annualized) | 5.5% |
