New York Life Named to Chief Learning Officer Magazine’s LearningElite
NEW YORK, March 31, 2014—New York Life has been named a LearningElite organization for 2014 by Chief Learning Officer magazine. New York Life was recognized for creating and implementing exemplary workforce development practices that deliver measurable business value.
“For the second year in a row New York Life has been named to this prestigious list that recognizes the most advanced companies for learning, development and talent management,” said Michael Molinaro, vice president, chief learning officer, New York Life. “Combined with our ranking on Training Magazine’s Top 125 for the third year running, our reputation as a company that leads the way in the growth of its people is firmly in place.”
The only peer-reviewed ranking and benchmarking program developed in collaboration with chief learning officers and senior workforce development practitioners, the LearningElite has become the industry’s most valuable benchmarking tool. The program utilizes rigorous evaluation methodologies to objectively assess both the scope and value of participants’ learning and development practices and to rank the organizations based upon the execution and impact of these initiatives.
For the 2014 benchmarking, Chief Learning Officer received a record-breaking number of applications from “progressive, proactive, performance-oriented organizations around the world,” said Norm Kamikow, president and editor in chief of Human Capital Media Group, which publishes Chief Learning Officer magazine. ”The organizations that achieved LearningElite status stood out as true innovators in enterprise education. Chief Learning Officer is proud to acknowledge the impact and impressive accomplishments of New York Life and the other LearningElite organizations.”
New York Life ranked 57th from a record-breaking field of more than 200 companies participating in the prestigious annual benchmarking program.
About Human Capital Media Group
The Human Capital Media Group is the largest integrated media company serving the human capital, management and workforce development industries. The company publishes Chief Learning Officer, Diversity Executive, Talent Management and Workforce magazines and conducts critical industry research through the Human Capital Media Advisory Group. HCM also operates one of the most widely referenced online industry resources, HumanCapitalMedia.com. For more information about the LearningElite, visit CLOmedia.com/elite.
About New York Life
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 website 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 20, 2013. See http://money.cnn.com/magazines/fortune/fortune500/2013/faq/?iid=F500_sp_method%20 for methodology.
**Individual independent rating agency commentary as of 2/3/14.
***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.