Corebridge Financial (NYSE: CRBG) and Equitable Holdings (NYSE: EQH) announced the leadership structure for their combined company, which will take effect when their previously announced merger closes.

Marc Costantini, currently president and chief executive officer of Corebridge, will serve as CEO of the combined entity. Mark Pearson, president and CEO of Equitable Holdings, will become executive chair.

The leadership team will include Robin M. Raju as chief financial officer, who currently holds the same position at Equitable Holdings and has been with the company for more than two decades. Jeffrey J. Hurd will serve as chief operating officer and chief human resources officer, while also leading the integration office for combining the two organizations.

Other key appointments include Polly Klane as general counsel and chief legal officer, Lisa Longino as chief investment officer responsible for the combined company's approximately $366 billion general account, and Julia Zhang as chief risk officer.

Seth Bernstein will continue as CEO of AllianceBernstein, the asset management business, with Onur Erzan joining the leadership team as president of AllianceBernstein.

The companies announced their all-stock merger in March 2024 to create what they described as a retirement, life, wealth and asset management company with more than 12 million customers and $1.5 trillion in assets under management and administration. The transaction is expected to close by year-end 2024, subject to shareholder and regulatory approvals.

Corebridge has more than $380 billion in assets under management and administration as of March 31, 2024, while Equitable Holdings has $1.1 trillion in assets under management and administration and more than 5 million client relationships globally.