MetLife To Make Henrikson Chairman

December 01, 2005 at 07:00 PM
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One of the world's biggest financial services companies is giving a few more details about its upcoming leadership change.[@@]

Robert Benmosche, 61, chairman and chief executive officer of MetLife Inc., New York, announced in April that he would be retiring.

At the time, MetLife said C. Robert Henrikson, 58, the company's president and chief operating officer, would be succeeding Benmosche as CEO. Some companies have been trying to improve corporate governance by splitting the chairman and CEO titles, and MetLife was not clear about whether Henrikson would get the chairman title.

MetLife now says Benmosche will be retiring as CEO March 1, 2006, and as chairman April 25, 2006.

Henrikson will become chairman as well as CEO, MetLife says.

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