201 Brambleton Avenue
Norfolk, VA 23514
8:15 p.m. Tuesday, Feb. 26, 2013
Chairman and CEO of New York Life
Ted Mathas is chairman of the board, president and chief executive officer of New York Life Insurance Company, the largest mutual life insurer in the United States with more than $335 billion in assets under management. Mathas is responsible for running all aspects of this Fortune 100 company, including its domestic and international business operations. The domestic side includes life insurance, retirement income, investment management, long-term care insurance and other related businesses, as well as the company’s industry-leading career agency system. The international business includes operations in Asia and Latin America.Mathas joined New York Life in 1995 and was promoted to positions of increasing responsibility in the ensuing years. In July 2007, he was named president by the company’s board of directors. He became chief executive officer a year later in July 2008. On June 1, 2009, Mathas was elected chairman of the board of directors, while retaining the title of president and CEO. He is also currently serving on the boards of the American Council of Life Insurers, where he is the industry chair for 2011-2012; the U.S. Chamber of Commerce; The Financial Services Roundtable; the American Museum of Natural History; and the Norfolk Collegiate School.At the helm of New York Life since the financial crisis began, Mathas has been navigating the organization through the most challenging economic period since the Great Depression. Setting the tone for his leadership early on, shortly after the markets collapsed in the fall of 2008, New York Life publicly declared that it was “built for times like these” and that it did not need – or want – any tax-payer funded bailouts or assistance. Rallying the support of both agents and employees, Mathas has guided New York Life to some of its most successful years in its 167-year history, marked by noteworthy achievements that included generating record earnings in three of the past four years; retaining the highest financial strength credit ratings currently awarded to any life insurer by A.M. Best, Fitch, Moody’s, and Standard & Poor’s; selling more individual life insurance and capturing more market share over the past three years than any other insurer in America; and being recognized as Fortune magazine’s “World’s Most Admired” life insurance company in 2009.A 1985 Norfolk Collegiate School graduate, Mathas went on to earn an A.B. from Stanford University, with distinction, in 1989. He received a J.D. from the University of Virginia in 1992, where he was a member of the Virginia Law Review and Order of the Coif. He and his wife, Keryn, live in Armonk, New York, with their three children.