NEW YORK, February 28, 2017—New York Life has been named one of the 2017 NAFE Top Companies for Executive Women by the National Association for Female Executives, recognizing American corporations where women have significant clout to make the decisions that affect their company’s future and bottom line. The NAFE Top 60 Companies, released today, is featured in the February/March issue of Working Mother. The full list of this year’s winners are listed on workingmother.com/nafe.
“New York Life is honored to once again be recognized by NAFE as a leading company for woman executives,” said Yie-Hsin Hung, chief executive officer of New York Life Investment Management and a member of New York Life's Executive Management Committee. “We believe that embracing the wide range of nationalities, generations, cultures and backgrounds of our employees and agents makes us stronger and better able to deliver on the one common goal that unites us, and that is to strengthen our clients' financial security now and well into the future.”
“The NAFE Top 60 Companies for Executive Women are the leaders in the U.S. that have moved women into top executive positions and created a culture where talented women are nurtured, promoted and thrive,” says Betty Spence, president of NAFE. “We are very proud to honor their contributions to the advancement of women in the workplace.”
“NAFE emphasizes women with bottom-line and top-line responsibility—the positions that lead to the corner office—and we’re pleased to report an eight percent increase in women running billion-dollar divisions at the NAFE Top Companies this year,” says Subha V. Barry, vice president and general manager of Working Mother Media (WMM). “In addition, now nearly a third of these companies have five or more women on the board, with many simply increasing the number of board seats to add a woman.” NAFE is a division of WMM.
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. 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.