[December 15, 2014]

New York Life Appoints Kathleen Navarro as Chief Diversity Officer

New York Life announced today the appointment of Vice President Kathleen Navarro as chief diversity officer, responsible for overseeing all aspects of New York Life's diversity program. Ms. Navarro succeeds Joanne Rodgers, who will transition to a newly created senior role in Human Resources. Both positions report to Senior Vice President and Chief Human Resources Officer Katherine O'Brien.

"Throughout Kathleen's career at New York Life she has integrated her deep understanding of our business with a strong commitment to creating a diverse and inclusive workplace. We are delighted to appoint her to this role," said Senior Vice President and Chief Human Resources Officer Katherine O'Brien. "Our commitment to diversity and inclusion help make New York Life an employer of choice, and we are confident that Kathleen will build on the progress Joanne achieved in this position."

As chief diversity officer, Ms. Navarro will be responsible for leading the company's diversity and inclusion strategy, which includes talent recruitment, development and retention; and internal and external communications. Ms. Navarro will also work closely with New York Life's department managers and the company's seven employee resource groups to align diversity initiatives with business strategies and goals.

Ms. Navarro began her career at New York Life in 1994 and has held a variety of roles of increasing responsibility across the company, including financial reporting, strategy, and operations. She was also involved with srategic planning to increase the company's presence in the women's and Hispanic markets, both top priorities for New York Life. Most recently, she oversaw the Product Compliance and Operations Division of the Life and Long Term Care Department. Ms. Navarro also co- leads The Women's Initiative at New York Life, an employee resource group reaching more than 1,000 members located in 16 sites around the country.

New York Life is consistently acknowledged by diversity organizations and noteworthy publications, earning 100 percent on the Human Rights Campaign's Corporate Equality Index; earning a place on DiversityInc's "Top 50 Companies for Diversity;" LATINA Style's "50 Best Companies for Latinas to Work for;" and receiving Profiles in Diversity Journal's Diversity Leader Award, among others.

Ms. Navarro holds an MBA from Baruch College Zicklin School of Business and a B.S. from New York University Stern School of Business. Ms. Navarro and her husband reside in Manhattan.

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 currently awarded to any life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch (AAA), Moody's Investors Service (Aaa), Standard & Poor's (AA+).** 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 retail mutual funds. Please visit www.newyorklife.com for more information.

*Based on revenue as reported by "Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual)," Fortune magazine, 6/16/14. For methodology, please see http://fortune.com/fortune500/.

**Individual independent rating agency commentary as of 8/13/14.

***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.

[ Back To TMCnet.com's Homepage ]