New York Life Promotes Michael Del Secolo to Senior Vice President
NEW YORK, N.Y., November 27, 2012 — New York Life announced today that Michael Del Secolo has been promoted to senior vice president and chief technology officer, reporting to Senior Vice President and Chief Information Officer Sue Ericksen.
Mr. Del Secolo now serves as chief technology officer and has oversight of technology strategy. He is responsible for guiding the development of the company’s technical strategy, research and innovation. Mr. Del Secolo joined New York Life in 2010 as vice president of architecture. In 2011 he added responsibility for engineering, leading the management of IT architecture and engineering for the company.
Prior to joining New York Life, Mr. Del Secolo worked at Automatic Data Processing (ADP), where he held positions of increasing responsibility including vice president of IT engineering, vice president of Internet and network services, and vice president and chief information security officer, where he was responsible for designing and implementing infrastructures for ADP’s Web hosting and Software as a Service (SaaS) initiative. Before that, he held progressively more responsible roles at Sea-Land Service, Inc., Salomon Brothers, Inc., and RAV Communications.
Mr. Del Secolo is a graduate of Pratt Institute with a Bachelor of Electrical Engineering degree. He resides in Marlboro, New Jersey, with his wife and son.
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, 2011. See http://money.cnn.com/magazines/fortune/fortune500/2011/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.