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===Executive Salaries & Compensation=== | |||
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Revision as of 05:09, 29 March 2006
Company type | Public |
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Industry | Finance and Insurance |
Founded | 1868 |
Headquarters | New York, NY |
Key people | Rob Henrikson, President and CEO |
Products | Insurance |
Revenue | 43.3 Bil |
Net income | 2,539,000,000 United States dollar (2022) |
Number of employees | 54000 |
Website | www.metlife.com |
MetLife, Inc. NYSE: MET is the holding corporation for the Metropolitan Life Insurance Company or MetLife for short. The firm was founded on March 24, 1868. MetLife is one of the world's most illustrious firms, with a rich history.
For most of its life the company was a mutual organization, but it went public in 2000.
In 1981, the company purchased the building owned by Pan American World Airways (Pan Am). The building would be renamed the MetLife Building in 1992, after Pan Am went out of business. This building is currently the domiciliary headquarters of the company and is the location of its historic board room; the leadership of MetLife is based in Long Island City, NY. Until 2005 MetLife was headquartered ast One Madison Avenue, a location that includes two buildings that include the MetLife Tower. The MetLife Tower was the world's tallest building at the time of its completion in 1909. MetLife in 2005 sold the former Pan Am building and the two buildings at One Madison Acenue--including the MetLife Tower. They own space in at least 30 buildings in the US and 1 proposed building in Mexico. The company also had offices on the 89th floor of One World Trade Center in the North Tower.
With its 2005 acquisition of Travelers Life and Annuity from CitiGroup for $11.8 billion, MetLife became the nation's largest life insurance company. Prior acquisitions included New England Financial (the New England) and General American Insurance (GenAm).
The company's mascot is Snoopy, from the Peanuts comic strip. MetLife has used the Peanuts characters in its advertising for more than two decades.
The company's tagline is "Have you met life today?". Their previous tagline was "Get Met, it pays."
Employees
Famous
- Alfred J. Lotka - Statistician (1924 until retirement)
- Francis Glenn Adney - Actuary from 1933 to retirement in 1966.
Diversity
Metlife received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign starting in 2003, the second year of the report. In addition, the company was named one of the 100 Best Companies for Working Mothers in 2004 by Working Mothers magazine.
Conference calls
- January 31, 2005 - MetLife to Acquire Travelers Life & Annuity from Citigroup (presentation) (audio)