Difference between revisions of "MetLife"
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| − | + | '''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. | |
| − | '''Metropolitan Life Insurance''' (Insurance | + | <ref name="Profile">[http://www.hoovers.com/metlife/--ID__40313--/free-co-factsheet.xhtml MetLife Profile], ''Hoovers'', accessed December 2007.</ref> |
| + | <ref>[http://www.metlife.com Home page], MetLife, accessed December 2007.</ref> | ||
| + | |||
| + | In 2006, sales were US$48.4 billion with profits of US$6.3 billion. | ||
| + | <ref name="Profile" /> | ||
| + | |||
| + | ==Political contributions== | ||
| + | Metropolitan Life gave $472,920 to federal candidates in the 2006 election through its [[political action committee]] - 48% to [[Democrats]], 50% to [[Republican Party (USA)|Republicans]], and 2% to other parties. | ||
| + | <ref>[http://www.opensecrets.org/pacs/lookup2.asp?strid=C00040923&cycle=2006 2006 PAC Summary Data], ''Open Secrets'', accessed December 2007.</ref> | ||
| + | |||
| + | ==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]]. | ||
| + | <ref>[http://www.opensecrets.org/lobbyists/clientsum.asp?year=2007&txtname=Metropolitan+Life Metropolitan Life lobbying expenses], ''Open Secrets'', accessed December 2007.</ref> | ||
| + | |||
| + | ==Personnel== | ||
| + | Key executives and 2006 pay: | ||
| + | <ref>[http://www.metlife.com/Applications/Corporate/WPS/CDA/PageGenerator/0,4773,P3987,00.html Executive Officers], MetLife, accessed December 2007.</ref> | ||
| + | *[[C. Robert Henrikson]], Chairman and Chief Executive Officer, $18,889,570<ref>[http://www.forbes.com/finance/mktguideapps/personinfo/FromPersonIdPersonTearsheet.jhtml?passedPersonId=911919 C Robert Henrikson], ''Forbes'', accessed December 2007.</ref> | ||
| + | *[[Steven A. Kandarian]], Chief Investment Officer | ||
| + | *[[William J. Wheeler]], Chief Financial Officer, $3,899,966<ref>[http://www.forbes.com/finance/mktguideapps/personinfo/FromPersonIdPersonTearsheet.jhtml?passedPersonId=922972 William J Wheeler], ''Forbes'', accessed December 2007.</ref> | ||
| + | |||
| + | Selected members of the Board of Directors: | ||
| + | <ref>[http://www.metlife.com/Applications/Corporate/WPS/CDA/PageGenerator/0,4773,P3966,00.html Board of Directors], MetLife, accessed December 2007.</ref> | ||
| + | *[[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<br> | ||
| + | New York, NY 10166<br> | ||
| + | Phone: 212-578-2211<br> | ||
| + | Fax: 212-578-3320<br> | ||
| + | Web: http://www.metlife.com | ||
| + | |||
| + | ==References== | ||
| + | <references/> | ||
| + | |||
| + | ==Related SourceWatch articles== | ||
| + | *[[Insurance industry]] | ||
| + | *[[James M. Kilts]] | ||
| + | *[[American Cancer Society]] | ||
<tdo>resource_id=27950 | <tdo>resource_id=27950 | ||
resource_code=metropolitan_lifeins | resource_code=metropolitan_lifeins | ||
search_term=Metropolitan Life Insurance</tdo> | search_term=Metropolitan Life Insurance</tdo> | ||
| − | [[Category:Tobacco documents organizations]] | + | |
| + | [[Category:Tobacco documents organizations]][[Category:Corporations]] | ||
| + | [[Category:Insurance industry]][[Category:United States]] | ||
Latest revision as of 22:26, 25 December 2019
 |
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
- ↑ Jump up to: 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.
Related SourceWatch articles
<tdo>resource_id=27950 resource_code=metropolitan_lifeins search_term=Metropolitan Life Insurance</tdo>
