Steven
Kandarian was raised
in West Hartford, Connecticut; his parents Lillian and Albert Kandarian came
from Armenia. Steven received his B.A.
from Clark University. He earned his J.D. from Georgetown University Law Center
and obtained his M.B.A. from Harvard Business School.
He
began his career as an investment banker with Rotan Mosle, Inc., a company
based in Houston, Texas. Steven became a managing director at Lee Capital
Holdings and later founded and was managing partner of Orion Partners, LP, a
private equity firm headquartered in the Boston area.
He
was executive director of the Pension
Benefit Guaranty Corporation (PBGC) from 2001 to 2004 and helped lay the
groundwork for the enactment of the Pension Protection Act of 2006.
Steven
joined insurance company MetLife in April 2005 as executive vice president and
chief investment officer (CIO). He has
also overseen since 2007, the company’s enterprise-wide strategy, which
identified key areas of focus for the company. He played a major role in
MetLife’s reduction of exposure to sub-prime mortgaged-backed securities
keeping the company in sound financial footing after the crisis.
Steven
was appointed CEO of MetLife in May 1, 2011 and chairman on January 1,
2012. MetLife generated $68.2 billion in
revenue in 2013.
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