NEW YORK, January 8, 2020 – New York Life announced today that Richard White has joined New York Life’s Retail Life business as Chief Data Officer. In this newly created role, Mr. White will be responsible for developing and overseeing the implementation of data strategy and data governance on behalf of the Retail Life business. He will report to Alex Cook, Chief Data and Analytics Officer and Head of Retail Life.
“We are delighted to welcome Rich to Retail Life,” said Mr. Cook. “He brings a distinguished leadership background in data management and I am confident that New York Life will benefit tremendously from his breadth of experience and data-driven expertise.”
Mr. White and his team will play an important role in enabling data-driven decision making across the enterprise, working collaboratively with business leaders and technology to help achieve Retail Life’s strategic goals.
Mr. White will closely partner with Glenn Hofmann, who has been named Chief Analytics Officer within Retail Life. Mr. Hofmann will continue to lead the Center for Data Science and Artificial Intelligence, a specialized team that provides data science and artificial intelligence expertise, solutions, and education to business partners across the company.
Previously, Mr. White served as Vice President of Data and Analytics for the Federal Reserve Bank of New York, where he was responsible for defining and developing enterprise data management capabilities. Prior to that, he served as the Director of Enterprise Data Governance for the global Chief Data Office of Citigroup, where he was responsible for managing the bank’s strategic data assets. He also has held leadership roles in data management at AXA Equitable and American International Group.
Mr. White received a Bachelor of Science from York College of Pennsylvania.
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+).