NEW YORK--(BUSINESS WIRE)--New York Life announced today that Heather Nesle has joined the company as president of the New York Life Foundation. Ms. Nesle also has been elected a vice president of New York Life. She reports to Frank M. Boccio, executive vice president and chief administrative officer.
Ms. Nesle is responsible for managing the company’s philanthropic and volunteer activities. The New York Life Foundation, nationally known for its charitable giving, and Corporate Responsibility, the unit active in focusing employee volunteer activities, both report directly to Ms. Nesle. The New York Life Foundation has provided more than $168 million in charitable contributions to national and local nonprofit organizations since its founding in 1979.
Ms. Nesle replaces Christine M. Park, who has retired from the position.
Mr. Boccio said, “Chris Park has had a remarkable impact on the company, launching the Foundation’s focus in support of childhood bereavement issues and expanding the national discussion on the issue. We wish her well in her retirement. We are pleased to have Heather Nesle head the New York Life Foundation, where her considerable philanthropy and corporate affairs experience and commitment to the philanthropy field will help her lead the strong team we have in place in corporate responsibility.”
Ms. Nesle most recently served as vice president, corporate sustainability at HSBC Bank USA. Prior to that, she served in various roles at Fannie Mae, most recently as senior capital markets manager, as well as senior communications manager, and information architect. She has served on the Board of Directors of the Western New York Public Broadcasting Association and is a member of Philanthropy New York Leadership Forum and Membership Committee. Ms. Nesle was named 2009 “New Yorker Who Cares” by New York Cares.
Ms. Nesle earned a Masters of Arts degree and a Bachelor of Arts degree in communications and human services from George Washington University. She currently resides in New York, NY with her husband, Steve, and son, Benjamin.
About The New York Life Foundation
Inspired by New York Life’s tradition of service and humanity, the New York Life Foundation has, since its founding in 1979, provided more than $168 million in charitable contributions to national and local nonprofit organizations. Through its focus on “Nurturing the Children,” the Foundation supports programs that benefit young people, particularly in the areas of educational enhancement and childhood bereavement. The Foundation also encourages and facilitates the community involvement of employees, agents, and retirees of New York Life through its Volunteers for Good program. To learn more, please visit www.newyorklifefoundation.org
About New York Life
New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States* and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings currently awarded to any life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).** Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments*** provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as retail mutual funds. Please visit New York Life’s website at www.newyorklife.com for more information.
*Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, May 20, 2013. See http://money.cnn.com/magazines/fortune/fortune500/2013/faq/?iid=F500_sp_method%20 for methodology.
**Individual independent rating agency commentary as of 8/1/13.
***New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.