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MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), [3] better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. [4] [5] The firm was founded on March 24, 1868. [6]
Conduent Inc. is an American business services provider company headquartered in Florham Park, New Jersey. It was formed in 2017 as a divestiture from Xerox . [ 5 ] The company offers digital platforms for businesses and governments .
In 2018, MetLife divested its remaining interest through a debt-for-equity exchange with four financial institutions that owned MetLife debt. [ 4 ] Headquartered in Charlotte, North Carolina , the company began selling annuity and life insurance under the Brighthouse Financial brand on March 6, 2017.
Buck Consultants, which was one of the businesses spun off, was renamed Conduent HR Services. [8] In May 2018, Conduent announced that it would sell the Buck Consultants portion of its business to H.I.G. Capital, starting the clock on a 90-day transition period in which it hoped to complete the sale. [9]
Before the home office at Madison Square was completed, the Metropolitan Life Insurance Company (now MetLife) had been headquartered at three buildings in Lower Manhattan, [24] [84] [85] all of which have been demolished. [86] Its first headquarters was at 243 Broadway, which the company occupied between 1868 and 1869.
MetLife announced in 2015 that it was consolidating its operations at 200 Park Avenue, with 500,000 square feet (46,000 m 2) in its namesake building. [ 247 ] [ 252 ] At the time, Donald Bren, the billionaire owner of the real estate firm Irvine Company , held a 97.3 percent ownership stake in the building.
Affiliated Computer Services, Inc. (ACS) was founded by Darwin Deason and Charles M. Young, both former MTech Communications executives, in 1988. [6] Deason had served as CEO at MTech and decided to launch another data processing firm after a management buyout bid of him and other executives had lost to another bid in 1988.
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.