New York Life Insurance Company has picked Troy Glover to succeed Michael Gallo as the senior vice president in charge of the company’s long-term care insurance (LTCI) operations.
Gallo, who took over as head of the unit in April 2009, will stay in Austin for a transition period. He later will return to the New York Life home office in New York, “where he will work on key initiatives for the insurance group,” the company said.
Glover has a bachelor’s degree from Brandeis University and a master’s degree in business from Cornell University.
He started out working at Merrill Lynch and Prudential, then began to work as a director in the New York Life variable products service center in 2000. He has been chief operating officer at the LTCI unit since 2009.