New York Life Chairman and CEO Ted Mathas named ACLI Chairman

WASHINGTON — The American Council of Life Insurers (ACLI) today elected its Chairman, officers and Board of Directors at the 2020 ACLI Annual Conference.

ACLI’s member companies are leading providers of solutions that help 90 million American families meet their financial and retirement security needs. The Chairman and Board of Directors lead the industry association and develop and advance policies that empower all Americans with access to information and affordable tools for financial certainty and protection.

New York Life Chairman & CEO Ted Mathas was elected ACLI Chairman for 2021. He succeeds Principal Financial Group® Chairman, President & CEO Dan Houston, who will serve as ACLI Immediate Past Chair for the coming year.

“The global pandemic has magnified financial anxieties and economic inequities in our nation and amplified the need for action to address them,” said ACLI President and CEO Susan Neely. “Under Ted Mathas and our board’s leadership, our industry will be driving public policies to help all Americans access greater financial certainty and security. The guarantees made by life insurers also make the industry an important source of capital for America’s economy.”                                                

ACLI also selected J. Scott Davison, Chairman, President & CEO of OneAmerica Financial Partners, Inc., as Chairman-elect. He will become ACLI Chairman in October 2021. John Schlifske, Chairman, President & CEO of The Northwestern Mutual Life Insurance Company, was named Chairman-elect Designate and will become ACLI Chairman in October 2022.

Serving on the ACLI Board of Directors through 2021 are:

• Roger Crandall, Chairman, President & CEO, MassMutual;
• Marianne Harrison, President & CEO, John Hancock Life Insurance Company (U.S.A.);
• Kevin Hogan, Executive Vice President & CEO, AIG Life and Retirement;
• James Morris, Chairman, President & CEO, Pacific Life Insurance Company;
• Deanna Mulligan, Board Chair, The Guardian Life Insurance Company of America;
• Paul Quaranto, Chairman, CEO & President, Boston Mutual Life Insurance Company;
• Neil Sprackling, President, U.S. Business, Swiss Re America Holding Corporation;
• Eric Steigerwalt, President & CEO, Brighthouse Financial;
• Andrew Sullivan, Executive Vice President, Head of U.S. Businesses, Prudential Financial.

Serving on the ACLI Board of Directors through 2022 are:

• Michael Falcon, Chairman & CEO, Jackson National Life Insurance Company;
• Roger Ferguson, President & CEO, TIAA;
• Dennis Glass, President & CEO, Lincoln Financial Group;
• James Hohmann, Chairman & CEO, Fidelity Life;
• Margaret Meister, President & CEO, Symetra Financial LIC;
• Jess Merten, President, Financial Products, Allstate;Teresa J. Rasmussen, President & CEO, Thrivent Financial;
• Peter Schaefer, CEO, Hannover Re;
• Walter White, President & CEO, Allianz Life Insurance Company of North America.

Serving on the ACLI Board of Directors through 2023 are:

• Richard Bielen, President & CEO, Protective Life Corporation;
• Brandon Carter, Chairman & President, USAA Life Insurance Company;
• John Carter, President & COO, Nationwide Financial;
• Michael Fosbury, President & CEO, Columbian Mutual Life Insurance Company;
• William Lester, President & CEO, Ameritas;
• Rick McKenney, President & CEO, Unum Group;
• Mark Mullin, President & CEO, Transamerica Corporation;
• Jeff Poulin, CEO, Canada Life Reinsurance;
• Ramy Tadros, President, U.S. Business, MetLife.

The American Council of Life Insurers (ACLI) is the leading trade association driving public policy and advocacy on behalf of the life insurance industry. 90 million American families rely on the life insurance industry for financial protection and retirement security. ACLI’s member companies are dedicated to protecting consumers’ financial wellbeing through life insurance, annuities, retirement plans, long-term care insurance, disability income insurance, reinsurance, and dental, vision and other supplemental benefits. ACLI’s 280 member companies represent 94 percent of industry assets in the United States.