Roger Crandall: MassMutual CEO

Roger Crandall graduated with a bachelor’s degree in Economics from the University of Vermont. He is a Charter Financial Analyst (CFA) and obtained his MBA with honors from the Wharton School of Business at the University of Pennsylvania.

Roger’s career at Massachusetts Mutual Life Insurance Company (MassMutual) began in 1988 where he spent the first 12 years of his career in the Investment Management Department of the company.  Then he became part of Babson Capital Management LLC, a subsidiary of MassMutual in 2000. By 2002, Roger was appointed Managing Director at Babson Capital and head of the firm’s Corporate Bond Management, Public Bond Trading and Institutional Fixed Income units.

Roger was named Chairman of Babson Capital and Executive Vice President and Chief Investment Officer of MassMutual in June 2005. He became more directly involved with MassMutual in 2007 with his appointment as Co-Chief Operating Officer. Roger in this capacity was responsible for Babson Capital and two other MassMutual subsidiaries – Cornerstone Real Estate Adviser LLC and Baring Asset Management Limited and also of MassMutual’s Retirement and Financial Products businesses.

In December 2008 he took a step further up the executive ladder having been named President and Chief Operating Officer at the same time Roger also joined the Board of Directors and also gained oversight of MassMutual’s domestic insurance business which includes the company’s core product, whole life insurance – Enterprise Technology Organization and MassMutual International LLC.  He became the CEO of the MassMutual on January 1, 2010.

Roger serves on the Board of Directors of the American Council of Life Insurers and the Wharton Board of Leadership Advisors. He also serves on the CEO Roundtable as well as the Massachusetts Governor’s Council of Economic Advisors.

The company Roger leads has a long history having been founded on May 15, 1851. More than 160 years later it has provided financial and retirement security to millions of people, paid dividends to its participating policy owners continuously each year since the 1860s. It is also now one of the largest corporations on the planet.