Foresters
Tony Garcia, president and CEO of Foresters, recently announced the appointment of Cheryl Neal to the role of executive vice president, and president, North American Life Insurance. Foresters is a leading international financial services provider with $28 billion of funds under management.
In this new role, Neal will be responsible for leading Canadian and U.S. distribution, insurance operations, and product development and pricing. The role was created by Garcia in 2014 as part of strategic restructuring designed to realize the organization’s full potential and create long term value for employees, customers and sales partners.
“When I joined this organization last year, I identified the need for a visionary leader to helm the new North American Life Insurance division,” says Garcia. “With extensive financial services experience and a proven track record of building performance-driven teams, I know Neal is the right choice to help lead Foresters into sustainable, profitable growth.”
Since 2008, Neal has served as executive vice president, individual markets and president, individual life at Liberty Mutual Insurance. Previously she held progressively senior roles with leading financial services organizations including HSBC, Morgan Stanley and Discover Card. She has a Bachelor of Science degree in marketing and an MBA from the University of Illinois.
For more than 140 years Foresters has fulfilled its purpose to enhance family well-being for its members and the communities where they live. A fraternal benefit society, Foresters offers quality life insurance and investment products, unique member benefits and inspiring community activities.
