|
MetLife
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. The firm was founded on March 24, 1868. MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. On January 6, 1915, MetLife completed the mutualization process, changing from a stock life insurance company owned by individuals to a mutual company operating without external shareholders and for the benefit of policyholders. After 85 years as a mutual company, MetLife demutualized into a publicly traded company with an initial public offering in 2000. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia's Pacific region, Europe, and the Middle East. MetLife s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MetLife Stadium
MetLife Stadium is a multi-purpose stadium at the Meadowlands Sports Complex in East Rutherford, New Jersey, 5 mi (8 km) west of New York City. Opened in 2010 to replace Giants Stadium, it serves as the home for the New York Giants and New York Jets of the National Football League (NFL). At an approximate cost of $1.6 billion, it was the most expensive stadium built in the United States at the time of its completion. MetLife Stadium is one of only two NFL stadiums shared by two teams. The other, SoFi Stadium in Inglewood, California, is home to the Los Angeles Rams and Los Angeles Chargers. Los Angeles' Crypto.com Arena, which is home to the Clippers and the Lakers of the National Basketball Association (NBA), is only the third facility to currently house two teams from the same sports league in the United States (the Clippers are expected to move into the Intuit Dome in 2024). Additionally, MetLife Stadium is the fourth building in the New York metropolitan area to b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MetLife Building
The MetLife Building (also 200 Park Avenue and formerly the Pan Am Building) is a skyscraper at Park Avenue and 45th Street, north of Grand Central Terminal, in the Midtown Manhattan neighborhood of New York City. Designed in the International style by Richard Roth, Walter Gropius, and Pietro Belluschi and completed in 1962, the MetLife Building is tall with 59 stories. It was advertised as the world's largest commercial office space by square footage at its opening, with of usable office space. , the MetLife Building remains one of the 100 tallest buildings in the United States. The MetLife Building contains an elongated octagonal massing with the longer axis perpendicular to Park Avenue. The building sits atop two levels of railroad tracks leading into Grand Central Terminal. The facade is one of the first precast concrete exterior walls in a building in New York City. In the lobby is a pedestrian passage to Grand Central's Main Concourse, a lobby with artwork, and a park ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Demutualization
Demutualization is the process by which a customer-owned mutual organization (''mutual'') or co-operative changes legal form to a joint stock company. It is sometimes called stocking or privatization. As part of the demutualization process, members of a mutual usually receive a "windfall" payout, in the form of shares in the successor company, a cash payment, or a mixture of both. Mutualization or mutualisation is the opposite process, wherein a shareholder-owned company is converted into a mutual organization, typically through takeover by an existing mutual organization. Furthermore, re-mutualization depicts the process of aligning or refreshing the interest and objectives of the members of the mutual society. The mutual traditionally raises capital from its customer members in order to provide services to them (for example building societies, where members' savings enable the provision of mortgages to members). It redistributes some profits to its members. By contrast, a joint ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charlotte, North Carolina
Charlotte ( ) is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 16th-most populous city in the U.S., the seventh most populous city in the South, and the second most populous city in the Southeast behind Jacksonville, Florida. The city is the cultural, economic, and transportation center of the Charlotte metropolitan area, whose 2020 population of 2,660,329 ranked 22nd in the U.S. Metrolina is part of a sixteen-county market region or combined statistical area with a 2020 census-estimated population of 2,846,550. Between 2004 and 2014, Charlotte was ranked as the country's fastest-growing metro area, with 888,000 new residents. Based on U.S. Census data from 2005 to 2015, Charlotte tops the U.S. in millennial population growth. It is the third-fastest-growing major city in the United States. Residents are referr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Vice President
A vice president, also director in British English, is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vice president is on the executive branch of the government, university or company. The name comes from the Latin term ''vice'' meaning "in place of" and typically serves as '' pro tempore'' (Latin: ’for the time being’) to the president. In some countries, the vice president is called the ''deputy president''. In everyday speech, the abbreviation ''VP'' is used. In government In government, a vice president is a person whose primary responsibility is to act in place of the president on the event of the president's death, resignation or incapacity. Vice presidents are either elected jointly with the president as their running mate, or more rarely, appointed independently after the president's election. Most governments with vice presidents have one perso ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Financial Officer
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting. In some sectors, the CFO is also responsible for analysis of data. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries, finance directors (FD) typically report into the CFO and FD is the level before reaching CFO. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO directly assists the chief operating officer (COO) on all business matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding. Qualification Most CFOs of large companies hav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wall Str
A wall is a structure and a surface that defines an area; carries a load; provides security, shelter, or soundproofing; or, is decorative. There are many kinds of walls, including: * Walls in buildings that form a fundamental part of the superstructure or separate interior rooms, sometimes for fire safety *Glass walls (a wall in which the primary structure is made of glass; does not include openings within walls that have glass coverings: these are windows) * Border barriers between countries * Brick walls * Defensive walls in fortifications * Permanent, solid fences * Retaining walls, which hold back dirt, stone, water, or noise sound * Stone walls * Walls that protect from oceans (seawalls) or rivers (levees) Etymology The term ''wall'' comes from Latin ''vallum'' meaning "...an earthen wall or rampart set with palisades, a row or line of stakes, a wall, a rampart, fortification..." while the Latin word ''murus'' means a defensive stone wall. English uses the same word to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Compensation Committee
Executive compensation is composed of both the financial compensation (executive pay) and other non-financial benefits received by an executive from their employing firm in return for their service. It is typically a mixture of fixed salary, variable performance-based bonuses (cash, shares, or call options on the company stock) and benefits and other perquisites all ideally configured to take into account government regulations, tax law, the desires of the organization and the executive. The three decades from the 1980s saw a dramatic rise in executive pay relative to that of an average worker's wage in the United States, and to a lesser extent in a number of other countries. Observers differ as to whether this rise is a natural and beneficial result of competition for scarce business talent that can add greatly to stockholder value in large companies, or a socially harmful phenomenon brought about by social and political changes that have given executives greater control over thei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Rutherford, New Jersey
East Rutherford is a borough in Bergen County, New Jersey, United States. As of the 2020 U.S. census, the borough's population was 10,022, reflecting an increase of 1,109 (+12.4%) from the 8,913 counted in the 2010 census.DP-1 - Profile of General Population and Housing Characteristics: 2010 for East Rutherford borough, Bergen County, New Jersey . Accessed July 29, 2012. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brighthouse Financial
Brighthouse Financial, Inc. () is one of the largest providers of annuities and life insurance in the U.S., with $219 billion in total assets and approximately 2.6 million insurance policies and annuity contracts in-force (as of March 31, 2018). Overview On August 4, 2017, Brighthouse Financial completed its separation from MetLife and began trading on the Nasdaq stock exchange on August 7, 2017, under the symbol "BHF." Upon completion of the separation, MetLife retained a 19.2% stake in the company. In 2018, MetLife divested its remaining interest through a debt-for-equity exchange with four financial institutions that owned MetLife debt. Headquartered in Charlotte, North Carolina, the company began selling annuity and life insurance under the Brighthouse Financial brand on March 6, 2017. Separation from MetLife In January 2016, MetLife, Inc. announced its intention to separate a substantial portion of the company’s U.S. Retail segment, which focused on selling life insuran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
