Adam Hodes to Join MetLife as Head of Mergers & Acquisitions
September 19 2011 - 8:50AM
Business Wire
MetLife, Inc. (NYSE: MET) announced today that Adam M. Hodes has
joined the company as senior vice president and head of mergers and
acquisitions (M&A). In this role, Hodes will oversee a team of
professionals that are focused on identifying strategic
transactions that can have a positive impact on MetLife’s
businesses and financial performance. Hodes reports to William J.
Wheeler, executive vice president and chief financial officer.
“With more than 20 years of experience in financial services
transactions, Adam will provide strong leadership of this important
area for MetLife,” said Wheeler. “Adam has an ideal background for
his new position at MetLife, having advised numerous clients in
prior M&A roles he has held, including assisting us with our
acquisition of Alico in 2010.”
Most recently, Hodes was managing director in the investment
banking department of Credit Suisse Securities, LLC, where he
served as co-head of financial institutions M&A. Since joining
Credit Suisse in 2006, he was responsible for supporting the bank’s
financial institutions group on transaction execution, idea
generation and best practices, with a specific focus on insurance
companies and asset management firms. He was also a member of the
company’s fairness and opinion committee.
Hodes has also held leadership roles in strategic planning and
M&A at WellChoice, Inc. and CNA Financial Corporation. Earlier
in his career, he worked in the financial institutions groups at
Donaldson, Lufkin & Jenrette Securities Corporation and Salomon
Brothers Inc.
Hodes received a J.D. degree from Columbia University Law School
and a bachelor of science degree in economics from The Wharton
School of the University of Pennsylvania.
MetLife, Inc. is a leading global provider of insurance,
annuities and employee benefit programs, serving 90 million
customers in over 50 countries. Through its subsidiaries and
affiliates, MetLife holds leading market positions in the United
States, Japan, Latin America, Asia Pacific, Europe and the Middle
East. For more information, visit www.metlife.com.
This press release may contain or incorporate by reference
information that includes or is based upon forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements give expectations or
forecasts of future events. These statements can be identified by
the fact that they do not relate strictly to historical or current
facts. They use words such as “anticipate,” “estimate,” “expect,”
“project,” “intend,” “plan,” “believe” and other words and terms of
similar meaning in connection with a discussion of future operating
or financial performance. In particular, these include statements
relating to future actions, prospective services or products,
future performance or results of current and anticipated services
or products, sales efforts, expenses, the outcome of contingencies
such as legal proceedings, trends in operations and financial
results.
Any or all forward-looking statements may turn out to be wrong.
They can be affected by inaccurate assumptions or by known or
unknown risks and uncertainties. Many such factors will be
important in determining the actual future results of MetLife,
Inc., its subsidiaries and affiliates. These statements are based
on current expectations and the current economic environment. They
involve a number of risks and uncertainties that are difficult to
predict. These statements are not guarantees of future performance.
Actual results could differ materially from those expressed or
implied in the forward-looking statements. Risks, uncertainties,
and other factors that might cause such differences include the
risks, uncertainties and other factors identified in MetLife,
Inc.’s most recent Annual Report on Form 10-K (the “Annual Report”)
filed with the U.S. Securities and Exchange Commission (the “SEC”)
and Quarterly Reports on Form 10-Q filed by MetLife, Inc. with the
SEC after the date of the Annual Report under the captions “Note
Regarding Forward-Looking Statements” and “Risk Factors”, MetLife,
Inc.’s Current Report on Form 8-K dated March 1, 2011 and other
filings MetLife, Inc. makes with the SEC. MetLife, Inc. does not
undertake any obligation to publicly correct or update any
forward-looking statement if we later become aware that such
statement is not likely to be achieved. Please consult any further
disclosures MetLife, Inc. makes on related subjects in reports to
the SEC.
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