Northwestern Mutual CEO Among Highest Rated CEOs Of 2013
John E. Schlifske named in the top five of Glassdoor's annual "50 Highest
Rated CEOs" report
MILWAUKEE, March 15, 2013
MILWAUKEE, March 15, 2013 /PRNewswire/ --Northwestern Mutual Chairman and
Chief Executive Officer John E. Schlifske has been named one of the five
highest rated CEOs worldwide by Glassdoor – an online career and workplace
Schlifske received a 96% approval rating from Northwestern Mutual employees
and independently contracted financial representatives who participated in
Glassdoor's annual "50 Highest Rated CEOs" report released on March 15, 2013.
Glassdoor calculates CEO approval ratings similar to Presidential approval
ratings by asking employees: 'Do you approve or disapprove of the way your
CEO is leading the company?"
Schlifske joins other prominent CEOs in the top five: Mark Zuckerberg,
Facebook; Bill McDermott and Jim Hagemann Snabe, SAP; Dominic Barton, McKinsey
& Company; and Jim Turley, Ernst & Young.
"I don't view this as recognition for me, but for the entire Northwestern
Mutual organization. It's an acknowledgment of the excellent work that made
2012 one of the most successful years in our 156-year history," said
Schlifske. "It's an honor to represent those who know Northwestern Mutual
best – our employees and financial representatives. They are the driving force
behind our success."
The Glassdoor recognition comes on the heels of a record-breaking 2012 for
Northwestern Mutual. Achievements include a record dividend payout expected to
exceed $5 billion in 2013, sales records for the company's insurance and
annuity lines with annual insurance premium sales greater than $1 billion for
the first time in the company's history, and an increase in the company's
total surplus by more than $1.2 billion, totaling $19.4 billion at year end.
This is the second recognition Northwestern Mutual has received from Glassdoor
in recent months. In December 2012, Northwestern Mutual was the only company
in the insurance industry to rank on Glassdoor's Top 50 "Best Places to Work
in 2013" list.
About Northwestern Mutual
Northwestern Mutual is the marketing name for The Northwestern Mutual Life
Insurance Company, Milwaukee, WI, and its subsidiaries. Northwestern mutual
is among the "World's Most Admired" life insurance companies in 2013 according
to FORTUNE® magazine and has helped clients achieve financial security for 156
years. As a mutual company with $1.4 trillion of life insurance protection in
force, Northwestern Mutual has no shareholders. The company focuses solely and
directly on its clients and seeks to deliver consistent and dependable value
to them over time. Northwestern Mutual and its subsidiaries offer a holistic
approach to financial security solutions including: life insurance, long-term
care insurance, disability income insurance, annuities, investment products,
and advisory products and services. Subsidiaries include Northwestern Mutual
Investment Services, LLC, broker-dealer, registered investment adviser, member
FINRA and SIPC; the Northwestern Mutual Wealth Management Company, limited
purpose federal savings bank; Northwestern Long Term Care Insurance Company;
and Russell Investments.
SOURCE Northwestern Mutual
Contact: John Gardner, +1-800-323-7033, firstname.lastname@example.org
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