Contact: Kristi Slavin
One Financial Center
With 2013 revenues of ~$68 billion, MetLife is one of the leading global providers of life insurance, annuities and employee benefits. Since 1868, MetLife has helped people plan for their future by protecting what matters most – their families and their achievements. We manage for the long term, with the financial strength to keep our promises and proven track record of delivering on them. Across nearly 50 countries, people put their trust in us to be there for them when they need it most. MetLife is ranked #40 on the Fortune 500 list and has a leading position in the US insurance market. Outside the US, MetLife is the largest life insurer in both Mexico and Chile, while it also holds leading market positions in Japan, Korea, Poland, Russia and the Persian Gulf. Globally, the company has ~65,000 employees and serves customers, individuals and businesses, through a broad range of annuity, insurance and employee benefits offerings. Aside from MetLife’s core insurance business, the company has a growing employee benefits segment, serving 90 of the Fortune 100 firms and making investments to grow further on a global scale and is one of the largest institutional investors in the U.S. with almost $500 billion invested in a variety of securities and instruments. MetLife is an ambitious company with the scale, scope and talent to lead the transformation of the insurance and employee benefits industry by driving world class standards of performance around the globe. Under the leadership of a visionary CEO, an engaged board and an energized and capable management team, the company is undergoing a significant global transformation that will elevate its competitive advantage, delivering superior customer service and enhanced shareholder value. Launched by MetLife Chairman and CEO, Steven Kandarian, in 2012, the company’s enterprise strategy has defined a pathway to sustainable and profitable growth based on four strategic cornerstones: Refocus the U.S. Business, Grow Emerging Markets, Build a Global Employee Benefits Business and Drive Towards Customer Centricity and a Global Brand and concrete actions are already well underway in each of these strategic focus areas. These goals are underpinned by a commitment to creating a world-class organization, defined by an enabling culture which places a high value on motivational leadership, engaged talent and customer focus. The company has also recently moved to a horizontally integrated global operating model with increased levels of strategic control introduced to drive greater leverage of technology and operations while also promoting the more consistent application of functional priorities across multiple markets. *Source: What it takes to Innovate? Hay Group 2013
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