New York, N.Y., October 4, 2007–Sy Sternberg, Chairman and Chief Executive Officer of New York Life Insurance Company, announced today that S. Thomas Moser, a vice chairman of KPMG, will join the New York Life board following his retirement from KPMG in February 2008. Mr. Moser, 60, will join the board's Insurance and Operations Committee.
“I’m pleased to announce that the board of directors has selected another outstanding individual to become a director of New York Life Insurance Company. Tom Moser is a respected business leader whose vast business acumen will be a tremendous asset to a board filled with talented leaders from diverse industries and the government,” said Sy Sternberg. “Tom is an accomplished professional who will help us build upon the solid foundation of growth and success that our esteemed board members have helped establish for New York Life.”
Mr. Moser is a vice chairman of KPMG LLP, the U.S. member firm of KPMG International, which offers audit, tax, and advisory serves to clients in such industries as financial services, consumer products, government, health care, and technology. He joined KPMG in 1970, became an audit partner, and held positions of increasing responsibility including national and global leader for the high technology and consumer and industrial industry practices, member of the board of directors, vice chairman – industries, and vice chairman – strategy.
Mr. Moser received a B.S. degree in Business Administration from the University of North Carolina. He and wife Mary Lynn reside in Charlotte, North Carolina. He serves on the board and executive committee of the global organization Students in Free Enterprise.
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 Investment Management LLC 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.
Please visit New York Life’s Web site at www.newyorklife.com
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|Tom Moser To Join New York Life's Board Of Directors|