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Board of Directors

Board of Directors
Steven A. Kandarian Collapsed Expanded

Chairman, President & Chief Executive Officer
MetLife, Inc.

Steven A. Kandarian is chairman of the board, president and chief executive officer of MetLife, Inc. (NYSE: MET), one of the world’s leading financial services companies, which provides insurance, annuities, employee benefits and asset management to customers in more than 40 countries around the world and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. He became president and CEO on May 1, 2011, and chairman of the board of directors on January 1, 2012. For 2017, MetLife had $62 billion in revenue. The company ranked 43rd on the most recent FORTUNE 500®.

Kandarian joined MetLife in April 2005 as executive vice president and chief investment officer (CIO). From 2007 to 2012, he also led MetLife’s enterprise-wide strategy, which identified key areas of focus for the company. His direction contributed to MetLife’s global expansion and led to significant cost savings as well as efforts to address the insurance needs of the underserved U.S. middle market.

As CIO, Kandarian oversaw the company’s more than $450 billion general account portfolio and led a number of initiatives that strengthened the portfolio and contributed to MetLife’s bottom line. He enhanced the company’s focus on effective risk management and diversified MetLife’s investment portfolio, in part through the $5.4 billion sale of Peter Cooper Village/Stuyvesant Town in 2006. Under Kandarian’s leadership, MetLife identified the housing bubble early and reduced its exposure to sub-prime mortgage-backed securities, raised the overall quality of its corporate credit portfolio, and increased its focus on low loan-to-value commercial and agricultural mortgages. His efforts helped MetLife emerge from the 2008 credit crisis with the financial strength to complete the company’s $16.4 billion purchase of Alico.

From 2001 to 2004, Kandarian was executive director of the Pension Benefit Guaranty Corporation (PBGC). During his tenure, he made the public case for comprehensive reform of the pension funding rules to put the defined benefit system and the PBGC on a sound financial footing, helping to lay the groundwork for the enactment of the Pension Protection Act of 2006.

Previously, Kandarian was founder and managing partner of Orion Partners, LP, a private equity firm based in the Boston area. Earlier he was managing director of Lee Capital Holdings. He began his career as an investment banker with Houston-based Rotan Mosle, Inc.

Kandarian is a board member of the Damon Runyon Cancer Research Foundation, the Institute of International Finance, Lincoln Center for the Performing Arts, Exxon Mobil, Neuberger Berman and the Partnership for New York City. He is a member of the Business Council and the Business Roundtable. Kandarian earned his B.A. from Clark University, J.D. from Georgetown University Law Center, and M.B.A. from Harvard Business School.

Grisé, Cheryl W. Collapsed Expanded

Cheryl W. Grisé, age 65
Former Executive Vice President, Northeast Utilities

Professional Highlights:

  • Northeast Utilities, a public utility holding company engaged in the distribution of electricity and natural gas (1980 – 2007)
    • Executive Vice President (December 2005 – July 2007)
    • Chief Executive Officer of principal operating subsidiaries (September 2002 – January 2007
    • President, Utility Group, Northeast Utilities Service Company (May 2001 – January 2007)
    • President, Utility Group (May 2001 – December 2005)
    • Senior Vice President, Secretary and General Counsel (1998 – 2001)

Other Professional and Leadership Experience:

  • Trustee Emeritus, University of Connecticut Foundation
  • Senior Fellow, American Leadership Forum
  • Other public company directorships: PulteGroup, Inc.; ICF International
  • Prior public company directorships (past five years): Pall Corporation

Education:

  • B.A., University of North Carolina at Chapel Hill
  • J.D., Thomas Jefferson School of Law
  • Executive Management Program, Yale University School of Organization and Management

Director since 2004

Gutierrez, Carlos M. Collapsed Expanded

Carlos M. Gutierrez, age 64
Co-Chair, The Albright Stonebridge Group

Professional Highlights:

  • The Albright Stonebridge Group, a consulting firm (April 2013 – Present)
    • Co-Chair (February 2014 – Present)
    • Vice Chair (April 2013 – February 2014)
  • Vice Chairman, Institutional Client Group, Citigroup Inc., a financial services corporation (January 2011 – February 2013)
  • Chairman and Founding Consultant of Global Political Strategies, a division of APCO Worldwide, Inc., a consulting firm (2010 – 2011)
  • Secretary of Commerce of the United States (February 2005 –January 2009)
  • Kellogg Company, a manufacturer of packaged food products (1975 – 2005)
    • Chairman and Chief Executive Officer (2000 – 2005)
    • Chief Executive Officer (1999 – 2000)
    • President and Chief Operating Officer (1998 – 1999)

Other Professional and Leadership Experience:

  • Chairman, National Foreign Trade Association
  • Chairman, Board of Trustees, Meridian International Center
  • Co-founder, TheDream.US
  • Member, Board of Directors of:
    • Viridis Learning, Inc.
    • PwC (United States)
  • Other public company directorships: Occidental Petroleum Corporation; Time Warner, Inc.

Education:

  • Instituto Tecnologico y de Estudios Superiores de Monterrey, Business Administration Studies

Director since 2013

Hassell, Gerald L. Collapsed Expanded

Gerald L. Hassell, age 66
Former Chairman of the Board and Chief Executive Officer, The Bank of New York Mellon Corporation

Professional Highlights:

  • NY Mellon, a financial services corporation
    • Chairman of the Board (August 2011 – December 2017)
    • Chief Executive Officer (August 2011 – July 2017)
    • President, The Bank of New York Company, Inc. (merged with Mellon Financial Corporation in 2007 to form BNY Mellon) (September 1998 – July 2007)
    • Various other executive leadership positions

Other Professional and Leadership Experience:

  • Member of :
    • Board of Visitors, Columbia University Medical Center
    • Board of Directors, Lincoln Center for the Performing Arts
    • Board of Trustees, Duke University
    • Board of Directors, Big Brothers and Big Sisters of New York City
    • Business Council
    • Economic Club of New York
  • Former member of the Financial Services Forum
  • Other public company directorships: Comcast Corporation

Education:

  • B.A., Duke University
  • M.B.A., New York University Stern School of Business

Director since 2018

Herzog, David L. Collapsed Expanded

David L. Herzog, age 58
Former Chief Financial Officer and Executive Vice President of American International Group

Professional Highlights:

  • American International Group (AIG), an insurance company (2000 – 2016)
    • Chief Financial Officer and Executive Vice President (October 2008 – April 2016)
    • Senior Vice President and Comptroller (June 2005 – October 2008)
    • Chief Financial Officer for worldwide life insurance operations (April 2004 – June 2005)
    • Vice President, Life Insurance (2003 – 2004)
    • Various senior officer positions, including Chief Financial Officer and Chief Operating Officer of American General Life following its acquisition by AIG
  • Various executive positions, GenAmerica Corporation (1991 – 2000), including:
    • Chief Financial Officer (1999 – 2000)
    • President, GenAm Shared Services (1998 – 1999)
  • Controller, Family Guardian Life Insurance Company (1987 – 1991)
  • Coopers & Lybrand, a predecessor firm of PricewaterhouseCoopers LLP (1982 – 1987)

Other Professional and Leadership Experience:

  • Member of numerous professional and civic organizations, including:
    • Investment Advisory Committee, University of Missouri
    • Strategic Development Board, University of Missouri Business School
  • Former member of Federal Advisory Committee on Insurance
  • Other public company directorships: Ambac Financial Group, Inc.; DXC Technology Company
  • Prior public company directorships (past five years): AerCap Holdings N.V.

Education:

  • B.S., University of Missouri-Columbia
  • M.B.A., University of Chicago Booth School of Business

Director since 2016

Hubbard, R. Glenn Collapsed Expanded

R. Glenn Hubbard, Ph.D., age 59
Dean and Russell L. Carson Professor of Economics and Finance, Graduate School of Business, Columbia University

Lead Director

Professional Highlights:

  • Columbia University
    • Dean, Graduate School of Business (2004 – Present)
    • Russell L. Carson Professor of Economics and Finance, Graduate School of Business (1994 – Present)
    • Professor of Economics, Faculty of Arts and Sciences (1997 – Present)
  • Co-Chair, Committee on Capital Markets Regulation, an independent nonprofit research organization (2006 – Present)
  • Chairman, President’s Council of Economic Advisers, an agency within the Executive Office of the President of the United States (2001 – 2003)
  • Chairman of the Economic Policy Committee, Organization for Economic Cooperation and Development, an international economic and trade organization (2001 – 2003)
  • Deputy Assistant Secretary for Tax Policy, United States Department of the Treasury (1991 – 1993)

Other Professional and Leadership Experience:

  • Member of numerous professional and civic organizations, including:
    • Economic Advisory Panel, Federal Reserve Bank of New York
    • Council on Foreign Relations
    • Advisory Board of the National Center on Addiction and Substance Abuse
  • Other public company directorships: Automatic Data Processing, Inc.; BlackRock Closed-End Funds
  • Prior public company directorships (past five years): KKR Financial Holdings LLC

Education:

  • B.A. and B.S., University of Central Florida
  • Ph.D. and A.M., Harvard University

Director since 2007

Kelly, III, Edward J. Collapsed Expanded

Edward J. Kelly, III, age 64
Former Chairman, Institutional Clients Group, Citigroup Inc.

Professional Highlights:

  • Citigroup Inc., a financial services corporation
    • Chairman, Institutional Clients Group (January 2011 – July 2014)
    • Chairman, Global Banking (April 2010 – January 2011)
    • Vice Chairman (July 2009 – March 2010)
    • Chief Financial Officer (March 2009 – July 2009)
    • Head of Global Banking (September 2008 – March 2009)
    • President and Chief Executive Officer, Citi Alternative Investments (March 2008 – August 2008)
    • President, Citi Alternative investments (February 2008 – March 2008)
  • Managing Director, The Carlyle Group, an asset management firm (July 2007 – January 2008)
  • Executive and leadership positions at various organizations, including:
    • The PNC Financial Services Group, Inc., a financial services corporation (March 2007 – June 2007)
    • Mercantile Bankshares Corporation, a financial services corporation (March 2001 – March 2007)
    • J.P. Morgan Chase & Co. (and its predecessor company J.P. Morgan & Co. Incorporated), a financial services corporation (November 1994 – January 2001)
  • Partner, Davis Polk & Wardwell LLP, a law firm (January 1988 – October 1994)

Other Professional and Leadership Experience:

  • Senior Advisor, Corsair Capital, a private equity firm
  • Member, Board of Directors, Focused Ultrasound Foundation, a non-profit entity
  • Lecturer, University of Virginia School of Law
  • Former Board of Directors member, Securities Industry and Financial Markets Association, a financial industry trade association
  • Other public company directorships: CSX Corporation; XL Group Ltd

Education:

  • A.B., Princeton University
  • J.D., University of Virginia School of Law

Director since 2015

Kennard, William E. Collapsed Expanded

William E. Kennard, age 61
Former U.S. Ambassador to the European Union

Professional Highlights:

  • Co-Founder and Non-Executive Chairman, Velocitas Partners LLC, an asset management firm (November 2013 – Present)
  • Senior Industry Advisor, Astra Capital Management, a private equity firm (June 2016 – Present)
  • Member of Operating Executive Board, Staple Street Capital, a private equity firm (November 2013 – Present)
  • United States Ambassador to the European Union (December 2009 – August 2013)
  • Managing Director, The Carlyle Group, an asset management firm (May 2001 – December 2009)
  • United States Federal Communications Commission (December 1993 – January 2001)
    • Chairman (November 1997 – January 2001)
    • General Counsel (December 1993 – November 1997)
  • Partner, Verner, Liipfert, Bernhard, McPherson and Hand (now DLA Piper), a law firm (April 1984 – December 1993)

Other Professional and Leadership Experience:

  • Member of:
    • Board of Directors, International African American Museum
    • Advising Board, Artificial intelligence Foundation
  • Trustee, Yale University
  • Other public company directorships: Duke Energy Corporation; AT&T Inc.; Ford Motor Company

Education:

  • B.A., Phi Beta Kappa, Stanford University
  • J.D., Yale Law School

Director since 2013

Kilts, James M. Collapsed Expanded

James M. Kilts, age 70
Founding Partner, Centerview Capital

Professional Highlights:

  • Founding Partner, Centerview Capital, a private equity firm (October 2006 – Present)
  • Vice Chairman, Board of Directors, The Procter & Gamble Company, a consumer products company (October 2005 – October 2006)
  • The Gillette Company, a consumer products company
    • Chairman of the Board (January 2001 – October 2005)
    • Chief Executive Officer (February 2001 – October 2005)
    • President (November 2003 – October 2005)
  • President and Chief Executive Officer, Nabisco Group Holdings Corp. and Nabisco Inc., manufacturer and marketer of packaged food products (January 1998 – December 2000)
  • Executive Vice President, Worldwide Food, Philip Morris, a manufacturer and marketer of packaged food products (1994 – 1997)
  • Various positions, Kraft, a manufacturer and marketer of packaged food products (1989 – 1994), including:
    • President, Kraft USA and Oscar Mayer
    • Senior Vice President, Strategy and Development
    • President, Kraft Limited in Canada
    • Senior Vice President, Kraft International

Other Professional and Leadership Experience:

  • Member of:
    • Board of Overseers, Weill Cornell Medicine
    • Board of Trustees, University of Chicago
    • Board of Directors, Cato Institute
  • Life Trustee, Knox College
  • Founder and Member, Steering Committee, Kilts Center for Marketing, University of Chicago Booth School of Business
  • Other public company directorships: Pfizer Inc.; Unifi, Inc.; Chairman of The Simply Good Foods Company
  • Prior public company directorships (past five years): MeadWestvaco Corporation; Nielsen Holdings plc; Conyers Park Acquisition Corp

Education:

  • B.A., Knox College
  • M.B.A., University of Chicago

Director since 2005

Kinney, Catherine R. Collapsed Expanded

Catherine R. Kinney, age 66
Former President and Co-Chief Operating Officer, New York Stock Exchange, Inc.

Professional Highlights:

  • NYSE Euronext, a provider of financial services including securities exchange and clearing operations
    • Served in Paris, France, with responsibility for overseeing the global listing program, marketing and branding (July 2007 – March 2009)
    • President and Co-Chief Operating Officer, New York Stock Exchange, Inc. (merged with Euronext in 2008 to form NYSE Euronext) (2002 – 2008)
    • Ms. Kinney joined the New York Stock Exchange in 1974 and held management positions in several divisions, with responsibility for all client relationships (1996 – 2007), trading floor operations and technology (1987 – 1996), and regulation (2002 – 2004)

Other Professional and Leadership Experience:

  • Chair, Board of Trustees, Catholic Charities of the Archdiocese of New York
  • Member of Economic Club of New York
  • Other public company directorships: MSCI Inc.; QTS Realty Trust, Inc.
  • Prior public company directorships (past five years): NetSuite, Inc.

Education:

  • B.A., magna cum laude, Iona College
  • Advanced Management Program, Harvard Graduate School of Business
  • Honorary Degrees: Georgetown University; Fordham University; Rosemont College

Director since 2009

Morrison, Denise M. Collapsed Expanded

Denise M. Morrison, age 64
President and Chief Executive Officer, Campbell Soup Company

Professional Highlights:

  • Campbell Soup Company, a food and beverage company (2003 – Present)
    • President and Chief Executive Officer (August 2011 – Present)
    • Executive Vice President and Chief Operating Officer (October 2010 – July 2011)
    • President, North America Soup, Sauces and Beverages (October 2007 – September 2010)
    • President, Campbell USA (June 2005 – September 2007)
    • President, Global Sales and Chief Customer Officer (April 2003 – May 2005)
  • Kraft Foods, Inc., a food and beverage company (1995 – 2003)
    • Various leadership roles, including: Executive Vice President and General Manager, Kraft Snacks (2001 – 2003); Executive Vice President and General Manager, Kraft Confections (2001); Senior Vice President and General Manager, Nabisco Down the Street (2000); Senior Vice President, Nabisco Sales and Integrated Logistics (1998 – 2000)
  • Various senior marketing and sales positions, Nestlé USA, Inc., a food and beverage company (1984 – 1995)
  • Various trade and business development positions, PepsiCo, Inc., a food and beverage company (1982 – 1984)
  • The Procter & Gamble Company, a consumer products company (1975 – 1982)

Other Professional and Leadership Experience:

  • Member, Boards of Directors, of:
    • Consumer Goods Forum
    • Catalyst, Inc., a nonprofit organization that strives to expand opportunities for women in business
  • Member of:
    • Business Roundtable
    • Business Council
  • Trustee, Boston College
  • Other public company directorships: Campbell Soup Company
  • Prior public company directorships (past five years): The Goodyear Tire & Rubber Company

Education:

  • B.S., Boston College

Director since 2014

Board Committee Information

Information on membership of the Audit Committee, the Compensation Committee and the Governance and Corporate Responsibility Committee of MetLife, Inc.

Board Committee Memberships

Code of Conduct

MetLife’s Code of Conduct highlights behavioral guidelines for appropriate business conduct and ethical decision-making.