Chairman, President & CEO, New York Life Insurance Co
Ted Mathas is Chairman of the Board, President, and Chief Executive Officer of New York Life Insurance Company, the nation’s largest mutual life insurer with more than $248 billion in assets under management. As chief executive, Mr. Mathas is responsible for running all aspects of the company, including all domestic and international business operations. The domestic business includes life insurance, retirement income, investment management, long-term care insurance and related businesses, as well as the company’s career agency system. The international business includes operations in eight markets located in Asia and Latin America.
In July 2007, Mr. Mathas was named President by the Board of Directors. He became Chief Executive Officer on July 1, 2008. On June 1, 2009, Mr. Mathas became Chairman of the Board of Directors, retaining the title of President and CEO.
Mr. Mathas has been a director of the company since July 2006. He also serves on the boards of the American Council of Life Insurers, The Business Roundtable and the U.S. Chamber of Commerce.
Mr. Mathas joined New York Life in June 1995 in the Asset Management operation. Since that time he has held positions of increasing responsibility, including President of NYLIFE Securities LLC, a retail broker-dealer subsidiary; Chief Operating Officer for Agency Distribution; Chief Operating Officer for Life and Annuity; and Executive Vice President and Co-head of U.S. Insurance Operations. Effective July 1, 2006, Mr. Mathas became the company’s Chief Operating Officer and was elected Vice Chairman of the Board.
Mr. Mathas graduated with 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 the Order of the Coif. He and his wife, Keryn, live in Armonk, New York, with their three children.