Chairman, President & CEO Massachusetts Mutual Life Insurance Company
Massachusetts Mutual Life Insurance Company
Roger W. Crandall is Chairman, President and Chief Executive Officer of Massachusetts Mutual Life Insurance Company (MassMutual), headquartered in Springfield, Mass.
During Mr. Crandall’s tenure as CEO, MassMutual has grown to serve more than five million customers, reached more than $640 billion in assets under management and strengthened its industry-leading position as a financially-strong mutual company run for the benefit of its policyowners and customers. MassMutual provides holistic financial solutions through a broad range of businesses, which include its domestic insurance and retirement businesses, asset management subsidiaries (including OppenheimerFunds, Babson Capital Management LLC, Cornerstone Real Estate Advisers LLC, Baring Asset Management Limited), and MassMutual International, which has insurance operations in China, Japan, and Hong Kong. MassMutual is a top 100 company on the FORTUNE 500.
Mr. Crandall first joined MassMutual in 1988 as a real estate investment trainee and spent the first 12 years of his career in the company’s Investment Management Department. In 2000, he joined Babson Capital, where he gradually assumed broader management responsibilities in such areas as public and private bonds, bank loans, and private equity investments. In 2005, Mr. Crandall was appointed Chairman of Babson Capital and MassMutual’s Chief Investment Officer, and in 2007 he added the role of Co-Chief Operating Officer. He was named MassMutual’s President and joined the company’s Board of Directors in 2008, and was named CEO in 2010.
In addition to his role at MassMutual, Mr. Crandall takes an active leadership role in industry, civic and economic development organizations. He is Immediate Past Chairman of the Board of Directors of the American Council of Life Insurers and a member of the Smithsonian National Board. Mr. Crandall also serves on the Wharton Board of Leadership Advisors, the Business Roundtable, the Massachusetts Competitive Partnership, the Massachusetts Governor’s Council of Economic Advisors, and the Corporate Advisory Board for The Boston Club, which promotes the advancement of women to leadership positions. Mr. Crandall, a Chartered Financial Analyst (CFA), is a graduate of the University of Vermont with a bachelor’s degree in Economics. He earned his MBA with honors from the Wharton School of Business at the University of Pennsylvania.