New York Life Named a Top 50 Company by the National Association for Female Executives for the Fifth Consecutive Year
NEW YORK, NY, February 5, 2013 – New York Life has been named one of the “Top 50 Companies for Executive Women” by the National Association for Female Executives (NAFE) for the fifth consecutive year as an organization that is committed to hiring, retaining and promoting executive women.
“We are honored to be on NAFE’s list again this year, along with being a 2012 Working Mother ‘100 Best Company’ and a Working Mother ‘Best Places for Multicultural Women,’” said Maria Mauceri, vice president and actuary, Human Resources Department, New York Life. “These prestigious awards demonstrate New York Life’s commitment to women. Our company’s long-term success depends on fostering diversity of thought, background and expertise.”
Carol Evans, CEO of NAFE and president of Working Mother Media, points out that “New York Life is committed to hiring, retaining and promoting executive women. They champion women leaders and realize that gender diversity leads to a competitive advantage. We are proud to honor companies like New York Life who place women in leadership positions.”
Companies elected for this honor must have at least two women on their boards and at least 1,000 employees. In addition to assessing corporate programs and policies dedicated to advancing women, NAFE analyzed the number of women at the highest ranks and those with profit-and-loss responsibilities.
The National Association for Female Executives (NAFE), founded in 1972, serves 20,000 members nationwide with networking, tools and solutions to strengthen and grow their careers and businesses. Working Mother magazine publishes the annual NAFE Top 50 list. NAFE.com provides up-to-date information, a community for women in business, and access to member benefits. NAFE is a division of Working Mother Media, owned by the Bonnier Corporation.
About New York Life
Committed to helping people perpetuate the good in their lives, 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 financial strength ratings currently awarded to any life insurer by all four of the major credit rating agencies.** Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments and long-term care insurance. 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, 2011. See http://money.cnn.com/magazines/fortune/fortune500/2011/faq/ for methodology.
**Source: Third-party ratings reports as of 12/11/12.