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Home > Home Insurance News > Metlife Names Steven L. Sheinheit Executive Vice President
Metlife Names Steven L. Sheinheit Executive Vice President
NEW YORK, August 22, 2005 – MetLife announced today the promotion of Steven L. Sheinheit to executive vice president. Sheinheit will assume additional responsibilities and maintain his role as chief information officer. He will continue to report to MetLife’s senior executive vice president and chief administrative officer, Catherine A. Rein.
Sheinheit has served as senior vice president and chief information officer since January 2005, where he oversees MetLife’s information technology worldwide in support of all lines of business and corporate functions. He will now also be responsible for MetLife’s global sourcing and the enterprise-wide Travelers project integration management office and transition services. From November 2000 to January 2005, he was the company’s chief technology officer. Initially responsible for the company’s enterprise-wide infrastructure, he later received oversight of enterprise application development.
"Steve’s insight and contributions to MetLife’s success over the past several years have been extremely valuable," said Rein. "MetLife has spent approximately $1 billion each year for the past five years to develop common platforms and other resources that provide efficient, streamlined support for our businesses. With Steve’s continued guidance, I’m confident that MetLife will remain a technological leader and a company that has truly improved its performance through technology."
Sheinheit’s leadership in technology has been integral to MetLife’s historic $11.8 billion acquisition of businesses from Citigroup (Travelers Life & Annuity and substantially all of Citigroup’s international insurance businesses), which was completed on July 1, 2005.
Sheinheit is a graduate of the Harvard Advanced Management Program and has an MBA degree in operations research from Baruch College. He received a bachelor’s degree in computer science from City College of New York.
MetLife, a subsidiary of MetLife, Inc. (NYSE: MET), is a leading provider of insurance and other financial services to millions of individual and institutional customers throughout the United States. Through its subsidiaries and affiliates, MetLife, Inc. offers life insurance, annuities, automobile and homeowner’s insurance and retail banking services to individuals, as well as group insurance, reinsurance and retirement and savings products and services to corporations and other institutions. Outside the U.S., the MetLife companies have direct insurance operations in Asia Pacific, Latin America and Europe.
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