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July 16, 2007
INDUSTRY VETERAN, MARGARET W. SKINNER, TO LEAD GUARDIAN'S INDIVIDUAL PRODUCTS DISTRIBUTION
New Executive Vice President Appointment Underscores Guardian's Commitment to Distribution Growth
| For media inquiries, contact:
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Kristin Mastrandrea
The Guardian Life Insurance Company of America
Tel: 212.919.3965
Fax: 212.919.2790
kristin_mastrandrea@glic.com
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| Anayo Afolabi
The Guardian Life Insurance Company of America
Tel: 212.598.8329
Fax: 212.919.2790
anayo_afolabi@glic.com
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NEW YORK, July 16, 2007 — The Guardian Life Insurance Company of America (Guardian) today announced that Margaret W. (Meg) Skinner would join the firm as Executive Vice President, Individual Products Distribution. With more than 20 years of experience in executive management positions in several insurance and financial industry leaders, she joins Guardian from Principal Financial, where she most recently served as Senior Vice President, Life and Health Distribution.
She will be responsible for all aspects of Guardian's individual products distribution and will report directly to the CEO, Dennis J. Manning.
"We are pleased to welcome Meg to our leadership team," said Dennis J. Manning, president and CEO of Guardian. "She brings a wealth of management experience in individual life, equity and group distribution to Guardian. Meg's experience will be a great asset to Guardian as we continue to build on our already strong distribution systems."
Added Manning, "As a mutual life insurance company, we are committed to growing our business for the benefit of our policyholders. With the appointment of Meg Skinner, we are in a great position to continue to improve our already strong market position".
About Guardian
Founded in 1860, The Guardian Life Insurance Company of America, New York, NY (Guardian) is one of the largest mutual life insurance companies in the United States. As of December 31, 2006, Guardian and its subsidiaries had $39.5 billion in assets (on a consolidated statutory basis). With more than 5,000 employees and 3,000 financial representatives, as well as more than 80 agencies nationwide, Guardian and its subsidiaries protect individuals, businesses, and their employees with life, disability, health, long-term care, and dental insurance products, and offer 401(k), annuities and other financial products and trust services. More information about Guardian can be obtained at: www.GuardianLife.com.
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