MiB: John Schlifske, Northwestern Mutual CEO
This week, we speak with John E. Schlifske CEO of Northwestern Mutual. The 160-year old firm underwrites over $2 trillion in life insurance, and has about $300 billion in client assets; they are ranked #102 on the Fortune 500. Schlifske joined Northwestern Mutual in 1987 as an investment specialist, and climbed through the ranks, becoming CEO 11 years ago. The firm announced a record $6.2 billion dividend in 2021. We discuss how he began scraping paint off of trucks for his father’s small trucking business, and it made him want to go to college ands work in an office. Northwestern was...
Source: ritholtz.com