-

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+).

Contacts

Elizabeth Renehan
New York Life
(475) 333-9237
elizabeth_b_renehan@newyorklife.com

Industry:

New York Life

Release Versions
English

Contacts

Elizabeth Renehan
New York Life
(475) 333-9237
elizabeth_b_renehan@newyorklife.com

More News From New York Life

New York Life Announces Record $2.78 Billion Dividend for 2026

NEW YORK--(BUSINESS WIRE)--New York Life, the nation’s largest1 mutual life insurer, today announced that the company will pay an estimated $2.78 billion in dividends to eligible participating policy owners in 2026 — the largest dividend payout in New York Life’s 180-year history and its 172nd consecutive annual dividend. “Dividends are a tangible expression of our mutuality,” said Craig DeSanto, Chair, President & Chief Executive Officer. “Our focus is simple and consistent: make long-term...

New York Life Group Benefit Solutions Study Reveals Gaps in Workplace Support for Caregivers of People With Special Needs

NEW YORK--(BUSINESS WIRE)--A new study from New York Life Group Benefit Solutions (NYL GBS) highlights the growing realities faced by caregivers of people with special needs — an often-overlooked workforce segment balancing demanding care responsibilities with their professional lives. The findings reveal that the time dedicated to caregiving, and emotional and financial pressures these caregivers face, take a meaningful toll on their wellbeing and highlight the ongoing challenge of balancing p...

New York Life Appoints Howard Grosfield to Board of Directors

NEW YORK--(BUSINESS WIRE)--New York Life, America’s largest1 mutual life insurer, today announced that Howard Grosfield, Group President of U.S. Consumer Services at American Express Company (NYSE: AXP), has joined the company’s board of directors, effective immediately. Grosfield will serve as a member of the board’s Audit and Insurance & Operations committees. “Howard is a visionary leader with expertise in consumer financial services, digital innovation and large-scale business transform...
Back to Newsroom