After more than 13 years presiding over the Life and Health Insurance Foundation for Education (LIFE), David F. Woods, CLU, ChFC, LUTCF, 71, announced Nov. 20 that he will retire as its president, effective Dec. 31, 2007.
This comes on the heals of Woods also stepping down as the CEO at the National Association of Insurance and Financial Advisors on Aug. 31. He has subsequently been replaced there by John J. Healy, CAE, who came to NAIFA from the Washington-based American Machine Tool Distributors Association (AMTDA), where he served as its president and CEO.
Woods, who had served concurrently at NAIFA and LIFE, originally said he would remain at LIFE through some point in 2008. Upon further reflection with family and LIFE's leadership, Woods decided to move up the timetable.
"Despite the keen sense of loss I am already beginning to feel at leaving a job I have loved for nearly 13 years, I am convinced it is the right thing to do at this time," Woods said.