Business
Malibu Life Appoints Todd D. Shriber as CEO
Malibu Life Holdings Limited announced the appointment of Todd D. Shriber as Chief Executive Officer, effective July 20, 2026, succeeding Gary Dombowsky who will transition to a Non-Executive Director role. Shriber brings over 25 years of financial services experience, most recently as COO and Head of Strategy for Prudential's Global Retirement and Insurance businesses, which generated over $40 billion in annual sales. This leadership change signals Malibu Life's intent to accelerate growth in reinsurance and expand into U.S. direct annuity origination, supported by its partnership with Third Point LLC. Disclaimer*
About this update from Malibu Life Holdings Limited
[{"type":"text","content":"\n\n \n \n \n \n \n \n \n \n \n \n FOR IMMEDIATE RELEASE\n \n \n \n \n \n \n Malibu Life Appoints Todd D. Shriber as Chief Executive Officer to Lead Next Phase of Growth\n \n \n \n \n \n \n Outgoing CEO Gary Dombowsky to Continue as Non-Executive Director of Malibu Life Reinsurance SPC and Senior Advisor\n \n \n \n \n \n George Town, Cayman Islands — May 14, 2026 — Malibu Life Holdings Limited (\"Malibu Life\" or the \"Company\") (LSE: MLHL) today announced the appointment of Todd D. Shriber as Chief Executive Officer, effective Monday, July 20, 2026. Mr. Shriber succeeds Gary Dombowsky, who will step down as Chief Executive Officer of the Company on Monday, July 20, 2026 but will continue to serve on the Board of Malibu Life Reinsurance SPC as a Non-Executive Director and as a Senior Advisor to the business. Mr. Shriber is expected to join the Board of Malibu Life upon his appointment becoming effective and the Boards of certain operating subsidiaries, subject to any required regulatory approvals. \n \n \n \n \n Mr. Shriber's appointment marks the next phase in Malibu Life's evolution. The Company is positioned to accelerate growth across reinsurance and to expand into U.S. direct annuity origination, supported by its strategic partnership with Third Point LLC and a robust pipeline of opportunities.\n \n \n \n \n \n A Proven Strategist and Operator for Financial Services at Scale\n \n \n \n \n \n Mr. Shriber brings more than 25 years of financial services leadership experience, with a track record of leading scaled businesses, creating and executing complex strategies, and driving profitable growth in regulated environments.\n \n \n \n \n He joins Malibu Life from Prudential Financial, where he recently served as Chief Operating Officer and Head of Strategy for the firm's Global Retirement and Insurance businesses — a portfolio representing more than $40 billion in annual sales across the United States, Japan, Brazil, and other markets. \n \n \n \n \n During his 14 years at Prudential, Mr. Shriber held a series of roles of increasing responsibility, including Chief Strategy Officer for Prudential's U.S. businesses. Prior to Prudential, Mr. Shriber spent 11 years at Morgan Stanley Wealth Management and Citigroup Smith Barney, most recently as Managing Director and Business Head of Insurance & Annuities. He began his career a...