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Sue Ericksen Joins New York Life As Chief Technology Officer

NEW YORK, N.Y., August 5, 2009 – New York Life Insurance Company announced today that Sue Ericksen has joined the company as Chief Technology Officer and Senior Vice President of the Corporate Information Department, reporting to Chief Information Officer and Senior Vice President Eileen Slevin.

In this role, Ms. Ericksen is responsible for New York Life’s information technology vision, strategy and planning, overseeing the Enterprise Architecture and Engineering division in the Corporate Information Department.

Prior to joining New York Life, she served as chief technology officer at Merrill Lynch Banks where she was responsible for all Information Technology services in support of Merrill Lynch’s U.S. Banks. Before that, she held a number of executive positions at Citigroup, including chief technology officer for CitiCards and chief information officer for CitiFinancial. As chief information officer, she was responsible for all information technology services in support of a 2,400 multi-national branch network.

Ms. Ericksen holds a B.A. degree from Mount Saint Mary's College in California and an M.S. in Computer Science from the University of Colorado. She resides in Bristol, PA.

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 from 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. 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 institutional and retail mutual funds. Visit New York Life’s Web site at www.newyorklife.com for more information.

* "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.

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Sue Ericksen Joins New York Life As Chief Technology Officer

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