Edward Zore plans to retire from the post of chief executive officer at Northwestern Mutual Life Insurance Company June 30 and from the post of chairman July 30.
John Schlifske, 51, will take over as CEO July 1 and as chairman Aug. 1, according to Northwestern Mutual, Milwaukee.
Zore, the Northwestern Mutual CEO since 2001, will stay on the company's board after he retires.
Schlifske, now the president of Northwestern Mutual, began working for the company as an investment specialist in 1987. He has a bachelor's degree from Carleton College and a master's degree in finance from Northwestern University.