Athene Holding Ltd. Announces Appointment of William J. Wheeler As New President

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PEMBROKE, Bermuda--(BUSINESS WIRE)-- Athene Holding Ltd. (“Athene Holding,” and together with its subsidiaries, “Athene” or the “Company”) announced today that it has appointed William J. Wheeler as President, effective September 28, 2015.

Mr. Wheeler brings 28 years of insurance and financial services experience to Athene. He joins the Company from MetLife, Inc. where he served most recently as President, Americas and oversaw the insurance and retirement businesses in the U.S. and Latin America. During his 17-year tenure at MetLife, he held various roles including EVP and Chief Financial Officer, and prior to the CFO role, oversaw product management and marketing for the individual business and financial reporting for the institutional business. In addition, Mr. Wheeler served as Treasurer where he played a key role in preparing MetLife to become a public company. He also served as an investment banker for 10 years at Donaldson, Lufkin & Jenrette. He holds an MBA from Harvard Business School and an A.B. from Wabash College.

Grant Kvalheim will continue in his role as CEO of Athene USA.

Athene Chairman and Chief Executive Officer Jim Belardi said, “I am pleased to have Bill join our strong executive team. He has a wealth of experience and an impressive background in the insurance industry and retirement savings sector. He is a talented executive with a wide range of capabilities, which we are confident will benefit Athene as we continue to grow our business. We look forward to working with him.”

Mr. Wheeler said, “I am excited to join the Athene executive team – a group that has already accomplished important milestones as it continues to expand on its prominent position in the retirement services industry. I look forward to working with the team to produce significant profitable growth, deliver strong financial results and help take the company public.”

About Athene Holding Ltd.

Athene Holding, through its subsidiaries, is a leading provider of products in the retirement savings market. Athene’s principal subsidiaries include Athene Annuity & Life Assurance Company and Athene Life Insurance Company, Delaware-domiciled insurance companies, Athene Annuity and Life Company, an Iowa-domiciled insurance company, Athene Annuity & Life Assurance Company of New York and Athene Life Insurance Company of New York, New York-domiciled insurance companies, and Athene Life Re Ltd., a Bermuda-domiciled reinsurer.

Athene Holding provides retirement solutions, including tax-efficient savings products, to support retirees as well as those saving for retirement. The products offered by Athene include:

  • Retail fixed and indexed annuity products
  • Institutional products, such as funding agreements
  • Co-insurance and reinsurance arrangements with third-party annuity providers

Further information about our companies can be found at www.athene.bm.

Athene Companies (U.S. operations)
Karen Lynn, 515-342-3910
KLynn@athene.com
or
Amanda Steward, 515-342-6403
ASteward@athene.com
or
Athene Holding Ltd. or Athene Life Re Ltd. (Bermuda)
Tab Shanafelt, +1 441-279-8414
enquiries@athene.bm

Source: Athene Holding Ltd.

Released September 3, 2015