Monday, January 19, 2009

New York Life Insurance elects new board member


New York Life Insurance Company has elected William Walter as a new member of the board of directors. He will join the board's insurance and operations committee.

Mr Walter is chairman, president and CEO of FMC Corporation, a manufacturer of agricultural, specialty and industrial chemicals, headquartered in Philadelphia.

Mr Walter holds an MBA in marketing and finance from Northwestern University and received a bachelor of science in economics from Loras College.

Sy Sternberg, chairman of the board at New York Life Insurance, said: "William Walter is bringing a wealth of business leadership experience to a board filled with talented directors from diverse industries and government. Bill is an accomplished professional who will be a tremendous asset to the New York Life board."

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