New York-based Metropolitan Life will restructure its executive management team, effective Jan. 1, to recognize recent acquisitions that have made it "more than an insurance company," President and Chief Executive John J. Creedon said. Two executive vice presidents, Philip Briggs and Pierre Maurer, will become vice chairmen and, together with Creedon and Chairman Robert G. Schwartz, will function as an officer-director group monitoring, directing and planning the activities of the company and its subsidiaries.
William C. Poortvliet, senior vice president and chief actuary, who has served as chief coordinator of the Baldwin-United negotiating team, was promoted to executive vice president with responsibility for corporate actuarial and corporate controller structures and tax departments. (Poortvliet served as chief coordinator of the Baldwin-United negotiating team.)
Other appointments: Stewart G. Nagler, an executive vice president in charge of pensions, was named senior executive vice president in charge of multiple-business lines; Ted Athanassiades, a senior vice president, became executive vice president in charge of pensions; Robert E. Chappell Jr., 48, became executive vice president of corporate-investment operations; Charles E. Lavezzoili will become executive vice president for personal insurance; J. Austin Lyons Jr. was named executive vice president and general counsel and John D. Moynahan Jr., senior vice president of group life and health operations, was appointed executive vice president in charge of group operations.