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MetLife Investment Management Announces Driscoll Retirement; Funk Named Interim President

1. MetLife Investment Management president Jude Driscoll retires effective May 2. 2. Brian Funk appointed interim president; strategic priorities may shift.

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FAQ

Why Neutral?

Leadership changes can cause uncertainties, but the impact is often temporary, as seen with past executive transitions.

How important is it?

Leadership changes can affect investor confidence and strategic direction, albeit temporarily.

Why Short Term?

The retirement's impact will likely stabilize quickly post-transition, similar to past instances in the industry.

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WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that after a distinguished career spanning decades in the asset management industry, including eight years at MIM, Jude Driscoll will be retiring from the company, effective May 2. Brian Funk has been appointed as MIM's interim president. Throughout his tenure, Driscoll played a critical role in advancing MIM's strategic priorities, buil.

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