Friday, September 04, 2009

 

Metlife's executive Weber steps down

Lisa Weber, MetLife Inc's (MET.N) Individual Business' president, resigned from the insurer on Thursday and will receive $5 million as part of a larger severance package, the company announced.

Weber, 46, oversaw MetLife's retail business, including individual insurance and the Auto & Home division, and had run the units since 2004. She is credited with being a key figure in integrating Travelers Life and Annuity into the company in 2005, after it was purchased from Citigroup for $11.5 billion...

Reuters: Metlife's executive Weber steps down

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