NEW YORK, December 4, 2019 – New York Life announced today that Senior Vice President Sara Badler has been named Chief Compliance Officer effective January 1, 2020. She will report to Executive Vice President, Chief Legal Officer, and General Counsel Sheila Davidson. In this role, Ms. Badler will have responsibility for overseeing and managing regulatory compliance across all of New York Life’s businesses.
Ms. Badler currently heads all compliance functions for New York Life Investments, and prior to that she served as Chief Investment Counsel for New York Life. She succeeds Barbara McInerney who will retire at the end of the year after over 20 years of service to New York Life.
Ms. Badler received a Bachelor of Arts from Cornell University, a Juris Doctor from Fordham University School of Law, and a Master of Arts degree from Bank Street College of Education.
“Sara has done a tremendous job on behalf of New York Life Investments and New York Life will continue to benefit from her sound judgment and ability to identify and resolve complex issues in a dynamic environment,” said Ms. Davidson. “I am confident that she will further New York Life’s ability to successfully navigate the ever-changing business and regulatory landscapes.”
About New York Life
New York Life Insurance Company (www.newyorklife.com), 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. 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 has the highest financial strength ratings currently awarded to any U.S. life insurer from all four of the major credit rating agencies**.
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*Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/1/19. For methodology, please see http://fortune.com/fortune500/.
**Individual independent rating agency commentary as of 9/12/19: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).
“New York Life Investments” is both a service mark, and the common trade name, of the investment advisors affiliated with New York Life Insurance Company.