METLIFE ANNOUNCES FINANCE ORGANIZATIONAL CHANGES
NEW YORK, May 5, 2016 – MetLife, Inc. (NYSE: MET) today announced a series of organizational changes within its Finance group:
Marlene Debel, executive vice president and treasurer, has been named executive vice president and CFO U.S., effective July 1. In this role, Debel will oversee financial management matters for the U.S. business region. Debel joined MetLife as treasurer in 2011 and brings more than 25 years of financial experience to the CFO U.S. role. Mike Walsh, executive vice president and CFO Americas, is retiring from MetLife after 28 years of service.
John McCallion, senior vice president and CFO Europe, Middle East and Africa (EMEA), has been named executive vice president and treasurer, effective July 1, replacing Debel. As treasurer, McCallion will have responsibility for the strategic management of MetLife's financial resources, including capital management and overseeing the company's relationships with both banks and rating agencies. McCallion joined MetLife in 2006 and has previously served as CFO for Investments as well as head of investor relations. McCallion will be based in New York.
Ed Spehar, senior vice president and head of investor relations, has been named senior vice president and CFO EMEA, effective July 1, replacing McCallion. In this role, Spehar will oversee financial management matters for MetLife's EMEA region. Spehar joined MetLife in 2012 from Bank of America Merrill Lynch, where he served as a sell-side equity research analyst covering the life insurance industry. Spehar will be based in London. A search for his replacement is underway.
Debel, McCallion and Spehar will continue to report to John Hele, executive vice president and chief financial officer.
"MetLife has outstanding talent and I am pleased to see these leaders take on new responsibilities within Finance," said Hele. "Their deep understanding of MetLife's business will be an asset to the organization and I am confident they will excel in their new roles."
Hele added, "Mike Walsh has held a number of key positions during his long career at MetLife and he will be missed. We wish him all the best and thank him for his countless contributions to the company."
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.