Roger W. Crandall has been named chief executive of Massachusetts Mutual Life Insurance Co. of Springfield. He will replace Stuart H. Reese Jan. 1.
The latter will assume the role of non-executive chairman of the board, and Mr. Crandall will remain president of the company once he becomes CEO.
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Most people don't take the time to envision what their lives will look like, post-paycheck
The bloom is off the rose in terms of Americans' attitude toward homeownership, according to a survey from the National Foundation for Credit Counseling.
Well-known value investor Christopher H. Browne has stepped down from his day-to-day activities as a member of the management and investment committees and as a managing director at Tweedy Browne Co. LLC of New York.
A financial adviser who allegedly defrauded clients out of millions of dollars is scheduled to appear in a Montreal court today after being arrested by Quebec provincial police, according to published reports.
A former Morgan Stanley executive is in jail after pleading guilty yesterday to stealing $2.5 million from the company over a period of seven years.
