Northwestern Mutual announces leadership changes, including new Chief of Staff, CFO.

Based in Milwaukee northwestern mutual announced Mike Carter Appointed Chief of Staff in the Office of Chief Executive Officer John Shlifsky Todd Jones was appointed Executive Vice President and Chief Financial Officer, effective January 1. Carter previously served as his CFO and Chief Risk Officer at the company, leading financial operations for 14 years. He currently chairs the company’s senior leadership team.

Jones previously served as Vice President and Controller. He will lead the company’s finance and risk functions, with responsibility for the company’s financial management and planning, budgeting, actuarial, investment risk and operations, enterprise risk management and resilience, and enterprise audit and fraud prevention teams. Jones joined Northwestern Mutual in 2003 and held leadership roles on the finance and risk team before assuming his current role. Schlifske said: “I would like to thank Mike for professionally leading our financial management for over a decade, especially during volatile times such as the Great Recession. Todd’s leadership experience, understanding of our business, and insurance Our commitment to deliver results to our contractors will help us take our next step: the future.”

Ron JoelsonThe executive vice president and president of Northwestern Mutual Investment Management Company will retire at the end of the year. He joined the company in 2012 as the company’s Chief Investment Officer, a position he held until December 2020. General Accounting for many years,” he said Schlifske. “At the same time, he is both an advocate and advocate for his team’s talent, resulting in a deep bench of leaders who will guide the company’s investments for decades to come.” Deb Schultz Current Vice President – ​​The new business will be the new Chief Risk Officer reporting to Jones. Schultz will rejoin the company’s financial leadership team, having previously led the company’s financial management department, responsible for treasury, budget and expense management, procurement and procurement, and insurance risk. Schultz joined Northwestern Mutual as his senior actuary in 2005 and has held several leadership roles at the company. Avim Koravol, currently Vice President – Financial Planning Excellence and Strategy, will become Chief Audit Officer leading the company’s internal audit function, which reports to Schultz. He will also continue executive oversight of sustained action for the company’s race equality initiatives, including budget and program performance. Kolawole he joined in 2003. Stephanie Lyons, currently Vice President and Chief Audit Officer, will become Vice President of Investment Risk and Operations, leading the team responsible for managing the firm’s investment risk, liquidity and cash movements, along with investment and operational reporting to Schultz. . She joined the company in 2008. Lisa Cadot, currently Vice President – ​​Investment Risk and Operations and Vice President – ​​Financial Planning and Analysis, will report to Jones. She leads the company’s financial planning and analysis, including sourcing and procurement, and organizational excellence. After she joined Northwestern Mutual Capital in 1996, she moved into the company’s financial operations. Ryan Heinemannow Vice President and Corporate Advisor, will succeed Chris Gowert Effective March 1, he has been appointed General Counsel to lead the company’s legal department. Gawart recently announced that he would be retiring after 12 years of service. Heinemann joined Northwestern He Mutual in 2012. Matt Sullivan, currently Vice President – ​​Planning Experience Preparation and Recruitment, will assume the role of Vice President – ​​Controller responsible for financial accounting, reporting, planning and analysis, budgeting, and expense management reporting to Jones. Sullivan joined the company in 2011.