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MetLife Foundation is MetLife's independent charitable and grant-awarding foundation. It was founded in 1976 [ 137 ] and had provided over $650 million in grants by January 2015. [ 137 ] The foundation has partnered with and donated to a variety of organizations, including Habitat for Humanity since 2010 [ 138 ] and the Martin Luther King, Jr ...
A subsidiary, Executive Life Insurance Company of New York (ELNY), was seized by the state of New York, who sold the majority of the business to MetLife, retaining the structured settlement book of business. Due to mismanagement, ELNY was ordered to liquidate. [9]
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Carl "Rob" Robert Henrikson (born May 21, 1947) was the Chairman of the Board, president and chief executive officer of MetLife, Inc. Henrikson was appointed CEO on March 1, 2006 and Chairman of the Board on April 25, 2006. Henrikson was succeeded by Steven A. Kandarian as Chair, President and CEO of MetLife, Inc. in 2011.
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The sale was finalized in 1981 when Pan Am transferred stock in the building to MetLife, a move that let the airline avoid paying most of the estate transfer tax. [ 98 ] [ 237 ] Pan Am normally would have paid a $4 million tax, but it ultimately paid only $125. [ 98 ]
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