MetLife Extends Kandarian’s Term to Handle ‘Dramatic Change’

  • Board lifts 65-year-old retirement policy for CEO role
  • Board’s Grise cites CEO’s ‘bold action’ to boost growth

MetLife Inc., the largest U.S. life insurer, extended Chief Executive Officer Steve Kandarian’s term by lifting the age-65 retirement policy as he works to simplify the company and fights to avoid stricter government oversight.

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