New York Life Names Albert J. 'Bud' Schiff Senior Vice President.Business Editors NEW YORK, N.Y.--(BUSINESS WIRE)--Oct. 30, 2002 New York Life Insurance Company The New York Life Insurance Company (NYLIC) is the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world.[3] announced today that Albert J. "Bud" Schiff has been named a senior vice president in the company's Agency Department. He will continue his position as president and chief executive officer of the NYL Executive Benefits, LLC (NYLEX Benefits) unit of New York Life, in Stamford, Conn. NYLEX Benefits is a company specializing in the design, implementation, financing and ongoing administrative support of supplemental executive benefits programs. Prior to NYLEX Benefits, Mr. Schiff served as president and CEO of Clark/Bardes Partners. Before that, he had retired from the Mutual Life Insurance Company of New York (MONY) where he was a senior executive vice president and a member of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. . Mr. Schiff is a graduate of the University of North Carolina at Chapel Hill The University of North Carolina at Chapel Hill is a public, coeducational, research university located in Chapel Hill, North Carolina, United States. Also known as The University of North Carolina, Carolina, North Carolina, or simply UNC , and he holds the designations of Pension Actuary (MSPA), Chartered Life Underwriter (CLU), and Accredited Estate Planner (AEP). In addition, Mr. Schiff has served in numerous insurance industry leadership roles such as current president of the Association for Advanced Life Underwriting (AALU); former chairman of the International Million Dollar Round Table Top of the Table; and former national chairman of continuing education for the Society of Financial Service Professionals. He is also a retired captain of the United States Navy Reserve The United States Navy Reserve, until 2005 known as the United States Naval Reserve, is the reserve component of the United States Navy. Reservists are called into active duty, or mobilized, as needed and are required to sign paperwork acknowledging this possibility ; past international president of the Tau Epsilon Phi Tau Epsilon Phi (TEΦ, commonly pronounced "TEP") is a predominantly American fraternity with approximately 40 active chapters, chiefly located at universities and colleges in the Northeastern United States. (TEP) fraternity; and former chairman of the University of Rochester The University of Rochester (UR) is a private, coeducational and nonsectarian research university located in Rochester, New York. The university is one of 62 elected members of the Association of American Universities. Parents' Council. An avid offshore yachtsman, Mr. Schiff and his wife, Jayne, reside in Greenwich, Conn. They have two grown children, Matthew and Kara, and two granddaughters. New York Life Insurance Company, a Fortune 100 company, is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. Founded in 1845 and headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , New York Life and its affiliates offer life insurance, annuities and long-term care insurance. New York Life Investment Management, LLC, a New York Life affiliate, provides institutional asset management, retirement plan and trust services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds. Visit New York Life's Web site at www.newyorklife.com for more information. |
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