Business

MetLife’s president of the Americas to retire in August

New York-based insurer MetLife said Bill Wheeler, president of the Americas since 2011, will retire in August to pursue “other interests.”

Wheeler has held the position of president since 2011 and has been with MetLife for 17 years.

In a statement released Tuesday, the company didn’t name a successor.

“Bill made a significant contribution to MetLife’s success. Most recently, as our first President of the Americas, Bill took on some of our biggest challenges, and he has done an excellent job delivering on them. Bill has driven solid financial and operational performance,” MetLife Chairman, president and CEO Steve Kandarian said.

Kandarian credited Wheeler with completing one of MetLife’s strategic pillars, the “successful restructuring and transformation” of the company’s U.S. retail businesses, which is headquartered in Charlotte.

MetLife, the largest U.S. life insurer, earlier this month said it had reached its goal of creating more than 1,300 jobs at its Charlotte headquarters after it announced plans in 2013 to establish a hub in the city.

“I am so proud of the accomplishments the team has made in the transformation and successful repositioning of the U.S businesses,” Wheeler said.

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