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NEW YORK--(BUSINESS WIRE)-- New York Life Insurance Company today announced that Tom Johnson has joined the company as head of business development for Retirement Income Security, a leader in providing retirement planning solutions. In this role, he has responsibility for overall business development of Retirement Income Security products, which include income and investment annuities, long-term care insurance and mutual funds, with an emphasis on defined contribution plans and 401(k) rollover options. Mr. Johnson reports to Chris Blunt, executive vice president in charge of Retirement Income Security.
"I am very pleased that Tom is joining New York Life. Tom brings a wealth of knowledge, industry best practices and networks that will help us continue the momentum we have had since the division's creation last year, aimed at providing holistic solutions for advisors to use with their clients that address each phase of the retirement process,"ť said Mr. Blunt.
Mr. Johnson joins New York Life with 33 years in this industry, most recently with MassMutual as senior vice presidentRetirement Income, Strategic Business Development,
where he led business development of their retirement income platform. In addition to over 10 years at MassMutual, he worked at Federated Investors, Inc. and his family firm, The Johnson Companies.
Mr. Johnson received a B.A from Gettysburg College and completed the Management Development program at Harvard University. He resides in Hingham, Mass., with his wife, Joyce Sullivan.
New York Life Insurance Company, 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. New York Life has the highest possible financial strength ratings from all four of the major credit rating agencies. 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 Investments* provides institutional asset management and retirement plan 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.
*New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.
New York Life William Werfelman, 212-576-5385 William_Werfelman@newyorklife.com or Sloane & Company John Hartz, 857-598-4779 JHartz@sloanepr.com
Source: New York Life Insurance Company
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