F&G Names Conor Murphy CEO June 30 and Michael Bailey CFO August 3
FG•Chris Blunt will retire as CEO of F&G on June 30, 2026, continue as CEO of subsidiary Peak Altitude, and Conor Murphy will assume CEO and President roles that day. Michael Bailey will join as CFO on August 3, 2026, with Mark Wiltse serving as interim CFO until then.
1. Executive Leadership Changes
F&G announced that CEO Chris Blunt will retire from his executive role on June 30, 2026, remaining on the board and continuing as CEO of its Peak Altitude subsidiary. Conor Murphy, currently President and CFO, will assume combined CEO and President responsibilities effective the same date.
2. CEO Transition and Strategic Focus
Under Blunt’s leadership since 2019, F&G’s assets under management nearly tripled, driven by diversification into fee-based and capital-light businesses. As CEO, Murphy will advance the shift toward higher-margin, less capital-intensive products and oversee strategic alternatives for Peak Altitude to unlock shareholder value.
3. CFO Appointment and Interim Coverage
Michael Bailey, with 27 years of actuarial and financial experience in the life and annuity industry, will join F&G as CFO on August 3, 2026. Meanwhile, Chief Accounting Officer Mark Wiltse will serve as interim CFO until Bailey’s arrival, ensuring continuity in financial management.
