New York Life Appoints Christopher D. Kastner to Board of Directors

NEW YORK--(BUSINESS WIRE)--New York Life, America’s largest¹ mutual life insurer, today announced that Christopher D. Kastner, president and chief executive officer of Huntington Ingalls Industries, Inc. (NYSE: HII), has joined the company’s board of directors, effective immediately. Kastner will serve as a member of the board’s Audit and Investment committees.

“The deep operational and financial expertise that Chris brings makes him a valuable addition to our board,” said Chair, President & CEO Craig DeSanto. “His strategic insights and broad experience will further strengthen our ability to deliver seamless experiences and unparalleled value to our policy owners, agents and advisors.”

Kastner was named president and CEO of HII in March 2022. He previously served as HII’s executive vice president and chief operating officer, as well as the company’s chief financial officer (CFO). Prior to joining HII’s senior executive team, Kastner was vice president and CFO for HII’s Ingalls Shipbuilding division. He spent over two decades at Northrop Grumman Corporation in various leadership roles before joining HII in connection with its 2011 spin-off from Northrop Grumman.

Kastner earned a bachelor’s degree in political science from the University of California, Santa Barbara and an MBA from Pepperdine University.

ABOUT NEW YORK LIFE

New York Life Insurance Company (www.newyorklife.com), a Fortune 100 company founded in 1845, is the largest¹ mutual life insurance company in the United States and one of the largest life insurers in the world. With headquarters in New York City, New York Life’s family of companies offers life insurance, and other solutions. New York Life has the highest financial strength ratings currently awarded to any U.S. life insurer from all four of the major credit rating agencies.²

¹Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/4/2024. For methodology, please see https://fortune.com/franchise-list-page/fortune-500-methodology-2024/.

²Individual independent rating agency commentary as of 10/4/2024: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).