South Burlington, Vt., resident Michele S. Gatto, president of the Association of Life Insurance Counsel (ALIC), was host to the Association’s 148th annual meeting at Ch?teau ?lan Resort outside of Atlanta May 22-25.

The annual meeting theme: “Charting the Future Amidst Challenge & Change: New Rules, New Regulation and New Risks” has been an integral component in Gatto’s leadership at the ALIC.

“Michele has proven to be accomplished in her ability to reach goals and ensure the organization’s stability and depth,” said Karen Shaff, executive vice president and general counsel of Principal Financial Group and past president of ALIC. “She has substantially preserved and enhanced the hallmarks of the ALIC: professionalism, legal scholarship, and fellowship.” The ALIC was founded in 1913 to promote these principles as the bar association for lawyers in the life insurance industry.

A donation was presented at the annual meeting slated for the Center for Women at St. Michael’s College – Gatto’s chosen organization to receive the donation in recognition of her service as President, presented by the ALIC.

“One of Michele’s priorities has been to assure the future of the Association through taking a very proactive approach to growing the membership. Under her leadership a record 15% increase has resulted – a strong value testament,” said Cynthia Shoss, co-chair of ALIC Membership Committee and partner at Dewey & LeBoeuf.

Gatto is executive vice president – corporate services & chief legal officer at National Life Group in Montpelier, Vt. She currently serves on the board of directors of Vermont Mutual Insurance Group and the Association of Corporate Counsel (ACC), as well as the board of trustees of St. Michael’s College. She was recently elected to the board of trustees of Vermont Law School.

“Through her outstanding leadership, ALIC President Michele Gatto has successfully completed a number of important achievements for the association, including the development of a compelling 2010 legal seminar for life insurance industry lawyers, excellent budgeting capabilities for the 2010 annual meeting, and identification of a theme, topics and speakers for the meeting that reflect the demanding legislative and regulatory developments confronting the industry,” said Carl Wilkerson, vice president & chief counsel, securities & litigation, American Council of Life Insurers. “The ALIC is stronger thanks to Michele.”