Former Bacardi Ltd President and CEO Edward Shirley has been elected to the Board of Directors of New York Life Insurance Company effective 01 November, 2015, the company announced on Tuesday.
Shirley, who led Bacardi Ltd, the largest privately held spirits company in the world, from 2012 to 2014, is expected to utilize his extensive financial management experience and market expertise in New York Life’s deliberation as director.
Prior to leading Bacardi Limited, Mr. Shirley was vice chairman of Global Beauty and Grooming at The Procter and Gamble Company from 2008-2011, where he ran a portfolio of iconic, leading brands totaling $38 billion in sales that included the mass consumer brands of Gillette, Braun, Old Spice, Oral B, Crest, Pantene, CoverGirl, and Olay, as well as a number of luxury brands.
Shirley serves on the board of Time Warner Cable Inc. He holds a BBA in accounting from the University of Massachusetts. He resides with his wife in Arizona and Massachusetts.
New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States* and one of the largest life insurers in the world. – BusinessNewsAsia.com