MetLife Names 2 to Board of Directors

Wal-Mart Stores President and CEO Eduardo Castro-Wright and Tupelo Capital Management CEO Lulu C. Wang have been named to the board of directors of New York-based MetLife Inc., the company said.

With the additions of Castro-Wright, 53, and Wang, 63, MetLife now has 16 board members.

MetLife CEO and Chairman Robert Henrikson praised the addition of the two, saying Castro-Wright’s experience in Latin America and Asia, and Wang’s work in financial services would aid the company in its expansion outside of the U.S.

Castro-Wright joined Wal-Mart in 2001 and worked in Mexico through 2005, first as president and later as chief executive officer of Wal-Mart de Mexico. He then joined Wal-Mart in the U.S. as chief operating officer of the Wal-Mart Stores division in early 2005 and was promoted to his current role later that year. He has also previously served in leadership positions at Honeywell International Inc. and Nabsico.

Wang founded New York-based investment management firm Tupelo Capital Management in 1997 and has been engaged in professional money management since 1972. Prior to founding Tupelo, she was a director and executive vice president of Jennison Associates Capital Corp.

Source: MetLife Inc.