What Happened?
New York, NY-based New York Life has Promoted Katherine O'Brien as Chief Human Resources Officer
Date of management change: August 07, 2014
New York, NY-based New York Life has Promoted Katherine O'Brien as Chief Human Resources Officer
The New York Life Insurance Company (NYLIC) is one of the largest mutual life-insurance companies in the United States, and one of the largest life insurers in the world, with about $287 billion in total assets under management, and more than $15 billion in surplus and AVR. The company ranks #71 on the 2011 Fortune 100 list, making it the highest privately held insurance company on that list. In 2007, NYLIC achieved the best possible ratings by the four independent rating companies (Standard and Poor`s, AM Best, Moody`s and Fitch). In June 2009, the same four rating companies reaffirmed New York Life`s "superior" financial strength, which became a selling point in national TV ad campaigns that same year. The company is now one of only three life insurers to hold the highest ratings currently awarded to any life insurer by all four rating agencies (Moody`s: Aaa, A.M. Best: A++. Standards and Poor`s: AA+, Fitch: AAA. All of these are for financial strength).
Katherine O'Brien has been the Chief Human Resources Officer of Haier New York Life Insurance Company Ltd. since January, 2014 and serves as its Senior Vice President. Ms. O'Brien has been Senior Vice President and Chief Corporate Counsel at New York Life Insurance Co. since November 10, 2011. Ms. O'Brien served as First Vice President and Chief Diversity Officer of New York Life Insurance Co. from October 2008 to November 10, 2010 and also served as its Deputy General Counsel since November 10, 2010. She was responsible for identifying and implementing best practices in the areas of recruitment and training of a diverse workforce, and the development and promotion of culturally diverse and women employees. Ms. O'Brien joined New York Life in 1995 as a litigator in the Office of the General Counsel and has held positions of increasing responsibility in employment litigation and benefits compliance. Prior to New York Life, Ms. O'Brien worked with several law firms in New York, including Christy and Viener, in general commercial litigation. Ms. O'Brien earned a J.D. from Brooklyn Law School and a B.A. from Wesleyan University.
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