New York Life Appoints Howard Grosfield to Board of Directors

Core Insights - New York Life has appointed Howard Grosfield, Group President of U.S. Consumer Services at American Express, to its board of directors, effective immediately [1] - Grosfield will be a member of the board's Audit and Insurance & Operations committees, bringing expertise in consumer financial services and digital innovation [1] Company Developments - The appointment of Howard Grosfield is seen as a strategic move to enhance New York Life's leadership in consumer financial services [1] - Grosfield's background in large-scale business transformation is expected to contribute positively to the company's operational strategies [1]