New York Life Insurance Company announced this week that Michael Gordon has been promoted to senior vice president in charge of the newly formed Agency-Life Operations (ALO) organization, which was created to better align the company’s life product manufacturing with its career agency distribution. He reports to Paul Pasteris, senior vice president and chief operating officer of U.S. Life Insurance.
Gordon is responsible for overseeing ALO’s eight sub-units: Affluent Market, Mass & Retirement Markets, Cultural Markets, Competitive Markets, ALO Actuarial, ALO Systems & Operations, Special Projects, and Advanced Services units. Included in the Affluent Market unit are NYLIFE Securities and Eagle Strategies, the company’s broker-dealer and registered investment advisor divisions.