MetLife General Counsel to Step Down After Beating U.S. in Court

  • He will retire at the end of June, serve as an adviser to CEO
  • Anzaldua designed, carried out FSOC challenge, Kandarian says
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MetLife Inc. General Counsel Ricardo Anzaldua is stepping down after he helped win a court battle that reversed the government’s designation of the insurer as too big to fail.

Anzaldua’s last day in the post will be June 30, and he’ll continue to advise Chief Executive Officer Steve Kandarian through the end of the year, the CEO said Thursday in a memo to staff. Stephen Gauster, who is senior vice president and chief counsel, will become interim general counsel while the New York-based company searches for Anzaldua’s replacement.