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New York Life Appoints Christopher Blunt And Susan Thrope to Executive Management Committee

NEW YORK, N.Y., DECEMBER 3, 2007 – New York Life Insurance Company has announced the appointment of Christopher O. Blunt and Susan Greenberg Thrope to its Executive Management Committee. Mr. Blunt is senior vice president and chief operating officer for the Life and Annuity operations, the company’s largest revenue generator. He reports to Ted Mathas, President and Chief Operating Officer of New York Life. Ms. Thrope is senior vice president, deputy general counsel and secretary of New York Life. She reports to Executive Vice President Sheila K. Davidson.

The Executive Management Committee is comprised of New York Life's senior executive leadership and assists the CEO in setting policy for the company.

"We are proud to announce both appointments to the Executive Management Committee," said Sy Sternberg, Chairman and Chief Executive Officer of New York Life Insurance Company. "The depth and breadth of Susan’s experience with legal issues and the vital area of corporate governance as well as Chris’ knowledge and experience, from both an investment management and marketing and distribution orientation, make them valuable additions to the Committee as it sets policy for the continued growth of the company."

Mr. Blunt joined New York Life Investment Management in 2004 to head its MainStay Investments group. His responsibilities were later expanded to executive vice president for Retail Investments, Marketing and Information Technology. He was elected senior vice president and chief operating officer for Life and Annuity in March 2007. His broad professional experience includes serving as a managing director with Goldman Sachs, as chief marketing officer with Merrill Lynch Investment Managers, and as CEO of GivingCapital Inc., a wealth management solutions provider that helped individuals to balance philanthropic interests with their estate planning needs.

Mr. Blunt holds an MBA in Finance from The Wharton School and a BA in History from the University of Michigan.

Ms. Thrope is senior vice president, deputy general counsel and secretary, advising the company’s Board and its senior executives in corporate and board governance, securities law, and related activities. She has held positions of increasing responsibility since joining the company in 1982 as an attorney in the Office of Legal and Governmental Affairs, which later became the Office of the General Counsel. During her 25-year tenure with the company, and prior to joining the Office of the Secretary in 2003, Ms. Thrope supervised various areas of the Office of General Counsel. In addition, she served as senior vice president in charge of the Human Resources department in 1997 and in 1999, joining the Mergers and Acquisitions department.

Ms. Thrope received her B.A. from Boston University, her J.D. from Brooklyn Law School, a Master of Laws degree from New York University and her M.B.A. from Columbia University.

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 for more information.

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New York Life Appoints Christopher Blunt And Susan Thrope to Executive Management Committee

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