MetLife
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This article is part of the Tobacco portal on Sourcewatch funded from 2006 - 2009 by the American Legacy Foundation. |
MetLife, based in New York City, is one of the largest insurance companies in the U.S., its main subsidiary being Metropolitan Life Insurance Company. MetLife sells a range of insurance products: prepaid legal plans, annuities, auto insurance, disability income, home insurance, long-term care insurance, and it also does financial planning. Its international segment sells in the Asia/Pacific region, Europe, and Latin America. [1] [2]
In 2006, sales were US$48.4 billion with profits of US$6.3 billion. [1]
Contents
Political contributions
Metropolitan Life gave $472,920 to federal candidates in the 2006 election through its political action committee - 48% to Democrats, 50% to Republicans, and 2% to other parties. [3]
Lobbying
The company spent $2,290,000 for lobbying in the first half of 2007. Two of the lobbying firms used were Venn Strategies, LLC and Quinn Gillespie & Associates. [4]
Personnel
Key executives and 2006 pay: [5]
- C. Robert Henrikson, Chairman and Chief Executive Officer, $18,889,570[6]
- Steven A. Kandarian, Chief Investment Officer
- William J. Wheeler, Chief Financial Officer, $3,899,966[7]
Selected members of the Board of Directors: [8]
- Sylvia Mathews Burwell, President of the Global Development Program at The Bill & Melinda Gates Foundation, Former Deputy Chief of Staff to President Bill Clinton
- R. Glenn Hubbard, Dean of the Graduate School of Business at Columbia University, Director of the Tax Policy Program for the American Enterprise Institute
- Helene L. Kaplan, Former Director of JPMorgan Chase & Co., Exxon Mobil Corporation, and Verizon Communications Inc.
- John M. Keane, Senior Advisor to Kohlberg Kravis Roberts & Co., Former Chief Operating Officer of the U.S. Army, Director of General Dynamics Corporation, Military contributor and analyst with ABC News and is a member of the United States Department of Defense Policy Board
- Hugh B. Price, Senior Fellow at the Brookings Institution, was a Senior Advisor to the law firm of DLA Piper, was President and Chief Executive Officer of the National Urban League, is a Director of Verizon Communications, Inc.
- William C. Steere, Jr., was Chairman of the Board and Chief Executive Officer of Pfizer Inc
Contact details
200 Park Avenue
New York, NY 10166
Phone: 212-578-2211
Fax: 212-578-3320
Web: http://www.metlife.com
References
- ↑ 1.0 1.1 MetLife Profile, Hoovers, accessed December 2007.
- ↑ Home page, MetLife, accessed December 2007.
- ↑ 2006 PAC Summary Data, Open Secrets, accessed December 2007.
- ↑ Metropolitan Life lobbying expenses, Open Secrets, accessed December 2007.
- ↑ Executive Officers, MetLife, accessed December 2007.
- ↑ C Robert Henrikson, Forbes, accessed December 2007.
- ↑ William J Wheeler, Forbes, accessed December 2007.
- ↑ Board of Directors, MetLife, accessed December 2007.
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