Life Insurance

Dossier: Barry Schub, Morristown, SVP, New York Life Insurance Co.

(DAILY RECORD) - Morristown resident has been appointed senior vice president in charge of human resources at New York Life Insurance Co., effective Jan. 4. Schub is currently a senior executive at New York Life Investments, a wholly owned subsidiary, where he is responsible for overseeing Retirement Plan Services, Strategy and Mergers & Acquisitions.

As part of his new role, Schub is joining New York Life’s Executive Management Committee, which is comprised of New York Life’s senior executive leadership and assists the CEO in setting policy for the company. The appointment to the committee
is effective immediately.

“I’m looking forward to doing something entirely different at this late stage in my career and to be at the heart of the elements of people management,” Schub said.

The economy: “The asset-management business has gone through tough times the last year or so with the markets down. New York Life did better than most,” Schub said.

Career advice for college grads: “Do what you’re passionate about and train for specific skills, which the job market is looking for — that’s the trend now,” he said.

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