METLIFE’S LISA M. WEBER NAMED BY FORTUNE MAGAZINE TO ITS 50 MOST POWERFUL WOMEN IN BUSINESS LIST FOR FOURTH YEAR IN A ROW
NEW YORK, October 03, 2007
Lisa M. Weber, president of Individual Business for MetLife, Inc. (NYSE: MET), has been named one of the "50 Most Powerful Women in Business" by FORTUNE magazine for the fourth consecutive year. This year she ranked number 36.
Weber oversees the retail business segments, Individual Business and Auto & Home, of MetLife, one of the largest providers of insurance and other financial services to more than 70 million customers worldwide. In 2006, Individual Business and Auto & Home combined accounted for approximately half of the company’s operating earnings and revenues.
Since being named to the position in 2004, Weber has pursued a retail growth strategy at MetLife that emphasizes meeting critical protection needs of clients through one of the most diverse distribution systems in the industry with 11,000 advisors and 130,000 points of sale.
Weber is a member of the boards of several MetLife subsidiaries, including MetLife Bank and MetLife Auto & Home, for which she serves as chair. She is a director of MetLife Foundation and a trustee of Northeast Region Boys & Girls Clubs of America.
FORTUNE ranks the women on the list based on several criteria, including earnings and other business achievements, as well as the size and importance of the company. Weber first appeared on the prestigious list in 2004 at number 43.
MetLife, Inc. is a leading provider of insurance and financial services with operations throughout the U.S. 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 U.S. (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 and savings products and services to corporations and other institutions. For more information, please visit www.metlife.com.