New York Life Ranks 25th on 2014 DiversityInc “Top 50 Companies for Diversity” List
NEW YORK, April 23, 2014—New York Life has been named one of DiversityInc’s “Top 50 Companies for Diversity,” ranking 25th nationally on this prestigious list. New York Life was recognized for its talent pipeline; equitable talent development, including commitment to mentorship and philanthropy; CEO and leadership commitment; and supplier diversity.
“Earning a spot on the DiversityInc Top 50 proves that management is paying close attention to the needs of its primary constituents&mdashemployees, customers and other key stakeholders,” said DiversityInc founder and CEO, Luke Visconti. “Companies with great reputations attract the best and most skilled employees who then create and deliver the best products and services. It’s a virtuous cycle that enables public companies on the DiversityInc Top 50 list to consistently outperform the major domestic stock market indices and privately held companies to surpass their peers.”
“New York Life is proud to be named to this prestigious list for the second consecutive year,” said Joanne Rodgers, vice president and chief diversity officer, New York Life. “Being among the best companies for our diversity and inclusion practices is an important achievement and makes us an employer of choice for many.”
For the entire Top 50 list, go to http://www.diversityinc.com/top50. More than a thousand public and privately held companies competed for spots on this coveted list.
DiversityInc’s mission is to bring education and clarity to the business benefits of diversity. The DiversityInc Top 50 Companies for Diversity list began in 2001, at the same time many corporations were beginning to understand the business value of diversity-management initiatives. The 2014 Top 50 Companies for Diversity results are featured on DiversityInc.com and in DiversityInc magazine. For more information, log on to www.diversityinc.com, https://www.facebook.com/DiversityInc, https://twitter.com/DiversityInc, or http://www.linkedin.com/company/26561.
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.