John Fleurant Named Deputy Chief Financial Officer for New York Life
NEW YORK, October 15, 2012 – New York Life announced today that John Fleurant has been promoted to deputy chief financial officer, a new position reporting to Executive Vice President and Chief Financial Officer Michael Sproule.
As Deputy CFO, Mr. Fleurant will retain his current roles as senior vice president of finance and controller, positions he has occupied since joining the company in 2010.
Mr. Sproule said, “Over the past two years, John Fleurant has done an outstanding job leading the Controller’s, Tax and Treasury departments, as well as overseeing the company’s financial planning, accounting policy and rating agency relationships. This is a well-deserved promotion.”
Immediately prior to joining the company, Mr. Fleurant served as controller at Prudential Financial. After joining Prudential in 1995, he held positions of increasing responsibility, including chief financial officer for domestic businesses. Before that, he was a senior manager for Deloitte & Touche, where he spent nine years.
Mr. Fleurant holds a bachelor’s degree in business administration from Widener University and is a certified public accountant. He resides in Martinsville, New Jersey, with his wife, Margie, and their three children.
New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States* and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings currently awarded to any life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).** Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments*** provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as retail mutual funds. Please visit New York Life’s Web site at www.newyorklife.com for more information.
*Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, May 21, 2012. See http://www.money.cnn.com/magazines/fortune/fortune500/2012/faq/ for methodology.
** Source: Third Party Ratings Reports as of 6/22/12.
***New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.