Eileen McDonnell is now the chief executive officer of Penn Mutual Life Insurance Company.
McDonnell succeeds Robert Chappell as CEO of Penn Mutual, Horsham, Pa. Chappell will continue to be the chairman of the company’s board.
McDonnell began working for Penn Mutual as the company’s chief marketing officer in February 2008. She has been president of New England Financial, a unit of MetLife Inc., New York (NYSE:MET).