Industry veteran Louis J. Mannello, Jr., brings more than 25 years expertise to CFO position
GREENWOOD VILLAGE, Colo., July 10, 2014 — Great-West Financial has appointed Louis J. Mannello, Jr., Senior Vice President and Chief Financial Officer (CFO), as announced today by Robert L. Reynolds, President and CEO. As a vital partner to the organization, Mannello will help define and set strategic direction for the company from business and financial perspectives.
Mannello will be a valued strategic business partner to the executive management team. He will also provide leadership to a team of more than 250 professionals whose roles include developing and delivering timely and meaningful financial reports and analyses. In addition, Mannello will provide oversight for the capital management function, including the management of rating agencies, banking and investor relations.
Before joining Great-West Financial, Mannello was partner at KPMG LLP’s Chicago-based Accounting Advisory Services Practice, where he also served as global leader for the firm’s “Accounting Change for Insurers” initiative. From 2010 to 2014, he led KPMG’s Financial Services Industry Segment within its Accounting Advisory Services Practice.
From 2002 to 2008, Mannello held two roles at Zurich Financial Services. His most recent appointment at the global insurer was executive vice president and CFO for Zurich North America, in Schaumburg, Ill., Before that, he served in Zurich, Switzerland, as group controller from 2002 to 2006. Mannello also spent 16 years in increasingly responsible financial positions in the United States and Europe at Arthur Andersen, Shadow Lawn Savings Bank and Deloitte.
Mannello reports to Reynolds and to Bill Lovatt, who is Chief Financial Officer of Great-West Financial’s indirect parent company Great-West Lifeco Inc.
"We’re pleased that Louis is joining Great-West Financial at this important and exciting time in our growth strategy," said Reynolds. "His extensive global financial experiences combined with his strong leadership qualities will make an immediate positive contribution as we move forward.”
Mannello earned a bachelor’s in business administration with a major in accounting from the University of Notre Dame. He is a Certified Public Accountant.
About Great-West Financial
Great-West Financial® is a registered mark of Great-West Life & Annuity Insurance Company. Headquartered in metro Denver, Great-West Financial administers $243.5 billion in assets for its 5.4 million retirement, insurance and annuity customers.
Great-West Financial® refers to products and services provided by Great-West Life & Annuity Insurance Company (GWL&A), Corporate Headquarters: Greenwood Village, CO, its subsidiaries and affiliates. Recordkeeping information and rankings reflect all recordkeeping customers of GWL&A subsidiary FASCore, LLC: those of institutional partners, third-party administrator clients and Great-West Financial. The trademarks, logos, and registered marks used are owned by GWL&A. “A Member of the Power Financial Corporation Group of Companies” is the registered mark of Power Corporation of Canada.
Contact:
| Molly Schlax FleishmanHillard O: 312-729-3661 M: 847-309-9552 Molly.Schlax@fleishman.com |
Lisa Gigax Director, Corporate Communications Great-West Financial O: (303) 737-6290 lisa.gigax@greatwest.com |