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November 30, 2005
Joseph A. Caruso Promoted to Executive Vice President of The Guardian Life Insurance Company of America
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Anayo Afolabi
The Guardian Life Insurance Company of America
Tel: 212.598.8329
anayo_afolabi@glic.com
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NEW YORK, N.Y., November 30, 2005 — The Guardian Life Insurance Company of America (Guardian) announced the promotion of Joseph A. Caruso to Executive Vice President and Corporate Secretary effective January 1, 2006. Mr. Caruso was previously Senior Vice President and Corporate Secretary at Guardian. He was appointed to Guardian's Board of Directors in January 2005.
In Mr. Caruso's new role, he will assume additional corporate responsibilities as he continues to serve as Corporate Secretary and Chief of Staff for Guardian's Board of Directors and President and CEO, Dennis J. Manning. Also, the Company's Business Advisory Services (BAS) unit will continue to report to him and the Internal Audit department will continue to report to the President and CEO through him.
"I am pleased to announce the promotion of Joseph Caruso," said Guardian's President and CEO, Dennis J. Manning. "He is an invaluable senior officer who has served the company for nearly thirty years. Joe's dedication and experience have strengthened the Guardian's leadership team, and his breadth of knowledge of both the industry and the Company will continue to advance Guardian's goal of enriching lives."
Mr. Caruso, an industry veteran, joined the company in 1976 and built a diverse background with management positions in marketing and operations. He has spent more than a decade in ascending leadership roles in the Office of the Corporate Secretary.
In addition to his membership on Guardian's Board of Directors, Mr. Caruso is also a Director or Trustee of various Guardian subsidiaries and affiliated companies including The Guardian Trust Company, FSB, The Guardian Insurance and Annuity Company, Inc., Guardian Investor Services, LLC, Park Avenue Securities, LLC, The Guardian Life Pension Trust, The Guardian Employees' Incentive Savings Plan and First Commonwealth, Inc.
Mr. Caruso is married and resides in New Providence, New Jersey with his wife, Judith, and daughter.
About Guardian
Founded in 1860, The Guardian Life Insurance Company of America, New York, NY (Guardian) is the fourth largest mutual life insurance company in the United States. As of December 31, 2004, Guardian and its subsidiaries had $39.5 billion in assets. With more than 5,000 employees and 2,900 financial representatives, as well as over 80 agencies nationwide, Guardian and its subsidiaries protect individuals, businesses and their employees with life, disability, health and dental insurance products, and offer 401(k), financial products and trust services. More information about Guardian can be obtained at: www.guardianlife.com.
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