NEW YORK, N.Y., April 29, 2003 — New York Life Insurance Company announced today that Michael E. Sproule has been elected an executive vice president at the company. He will continue his role as the chief financial officer, a position to which he was appointed last year. Mr. Sproule is responsible for the Controller's Office, Mergers and Acquisitions, Financial Analysis, Risk Management, Tax, and Treasury Department functions, as well as the Office of the Chief Actuary.

Mr. Sproule joined New York Life in 1999 as senior vice president with responsibility for the Mergers and Acquisitions area of the company. Previously, Mr. Sproule served as executive vice president and chief financial officer of AmerUs Group. In addition to consulting experience with Tillinghast, he spent 17 years at MetLife in a variety of positions in the individual, group, pensions and property casualty businesses.

Originally from Toronto, Canada, Mr. Sproule earned his bachelor's degree in math and physics and holds his MBA degree in finance and marketing from the University of Toronto. In addition, he is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries. Mr. Sproule and his wife, Doreen, reside in Connecticut, with their three sons.

New York Life Insurance Company, a Fortune 100 company, is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. Founded in 1845 and headquartered in New York City, New York Life and its affiliates offer life insurance, annuities and long-term care insurance. New York Life Investment Management, LLC, a New York Life affiliate, provides institutional asset management, retirement plan and trust services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.

Contacts:

Marisha Chinsky
New York Life
(212) 576-5897

Erin Gately
Edelman
(212) 704-8172

 Rate This
Rating: 0/0 (0 votes cast)

 Be the first to Comment