Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

MassMutual Names New Chairman

X
Your article was successfully shared with the contacts you provided.

Massachusetts Mutual Life Insurance Company announced Dec, 18 that president and CEO Stuart Reese will become chairman of the MassMutual board effective January 1, 2007. Reese, 51, will replace James Birle, who has served as non-executive chairman since June 2005; Birle was named lead director of the board.

Reese joined MassMutual in 1993, and previously served as executive VP and CIO, and as chairman and CEO of Babson Capital Management.

Also, the company announced in November that it will distribute the largest-ever dividend in its 155-year history to its eligible policyholders for 2007–$1.25 billion, up 5.6% from 2006′s dividend payout.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.