NEW YORK--(BUSINESS WIRE)--New York Life announced today that Kelli Parsons has joined the company as Chief Corporate Communications and Marketing Officer, effective November 17. She will assume responsibility for the Corporate Communications Department and will report directly to New York Life Chairman and CEO Ted Mathas.
Ms. Parsons has had a distinguished career in communications and marketing management, as well as journalism. Most recently she served as Senior Vice President and Chief Communications Officer for Federal National Mortgage Association (Fannie Mae), the Fortune 20 government sponsored enterprise that enables people to buy, refinance, or rent a home. Ms. Parsons’ responsibilities at Fannie Mae included communications, marketing and community engagement. Her Fannie Mae team was selected by PR Week magazine as 2014 Team of the Year.
Previously, Ms. Parsons was Vice President of Global Communications and Marketing for Warburg Pincus LLC, a leading global private equity investment institution, and an Executive Vice President and General Manager for Hill & Knowlton Ltd, a global public relations firm, where she headed the firm’s corporate practice and its New York and Washington offices.
Mr. Mathas said, “Kelli Parsons brings a wealth of experience to this role. In our discussions it is clear that Kelli appreciates the leadership position New York Life holds in the life insurance industry and our strong and growing role in investment management in the U.S. and around the world. I’m confident her skill and judgment in marketing and communications will help us tell the New York Life story in new and compelling ways in the years ahead.”
Earlier in her career, Ms. Parsons was a television news reporter for NBC and CBS affiliates in Nashville, Louisville and Houston, covering business, politics and breaking news. She also served in New York with CBS, working on the Evening News and other programs. Ms. Parsons received a master’s degree from Northwestern University’s Medill School of Journalism, and a bachelor’s degree from Murray State University.
Ms. Parsons and her husband, Scott, plan to relocate to the New York area from their current residence in McLean, Virginia.
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, 6/16/14. For methodology, please see http://fortune.com/fortune500/.
**Individual independent rating agency commentary as of 8/13/14.
***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.
