METLIFE NAMED A TOP COMPANY FOR EXECUTIVE WOMEN FOR SECOND CONSECUTIVE YEAR
NEW YORK, March 09, 2007
For the second year in a row, MetLife, Inc. (NYSE: MET) has been recognized for its focus and efforts to provide advancement opportunities for women as the company was named one of NAFE’s Top Companies for Executive Women for 2007. In addition, for the first time, MetLife was recognized as one of NAFE’s distinguished Top 10 companies for its efforts to promote and retain women at the senior levels of the company.
With more than half of its U.S. workforce consisting of women, MetLife was recognized by NAFE for its innovative ways of developing and advancing talented women. In addition to the representation of women on MetLife’s board of directors, NAFE also examined the number of women in the company overall, in senior management and also scrutinized how well women were represented among MetLife’s top earners.
"Not only are we thrilled to be recognized again by NAFE, but we are equally excited that they have distinguished MetLife as a top 10 company," said Debra J. Capolarello, senior vice president and chief talent officer for MetLife. "At MetLife, we are making an extra concerted effort to take advantage of the diversity of the company’s workforce. We recognize that we need diverse and talented associates that can bring their backgrounds and experiences to benefit MetLife and, most importantly, the millions of clients that look to us for financial solutions."
MetLife first appeared on NAFE’s list of Top Companies last year. In addition, in 2006, MetLife was named to Working Mother Magazine’s list of the 100 Best Companies for Working Mothers for the eighth consecutive year and to the magazine’s list of the Best Companies for Women of Color for the first time.
To be named to the NAFE Top Companies for Executive Women, companies with a minimum of two women on the board completed a comprehensive application that focused on the number of women in senior ranks (compared to men and to the company population), including questions about the programs and policies which support women’s advancement.
The National Association for Female Executives (NAFE), founded in 1972, is the largest women’s professional and business association in the country. It publishes NAFE Magazine, a bi-monthly publication distributed to 65,000 members. NAFE began conducting the Top 30 Companies for Executive Women in 2002, picking up the work of Working Woman magazine. NAFE is part of Working Mother Media, which also operates Working Mother magazine, the annual 100 Best WorkLife Conference, and recently launched the new initiative the Best Companies for Women of Color.
MetLife, Inc. is a leading provider of insurance and financial services with operations throughout the United States and the Latin America, Europe and Asia Pacific regions. Through its domestic and international subsidiaries and affiliates, MetLife, Inc. reaches more than 70 million customers around the world and MetLife is the largest life insurer in the United States (based on life insurance in-force). The MetLife companies offer life insurance, annuities, auto and home insurance, retail banking and other financial services to individuals, as well as group insurance, reinsurance and retirement & savings products and services to corporations and other institutions. For more information, please visit www.metlife.com.