A news release about the appointment said it is effective January 4, 2010. Schub is now a senior executive with New York Life Investments , where he is responsible for overseeing Retirement Plan Services, Strategy and Mergers & Acquisitions. Schub will report to Ted Mathas, chairman, president and CEO of New York Life.
Immediately before joining New York Life Investments in 2001 (see NYLIM Names New Head of Retirement Services), Schub was a vice president at E*TRADE Group Inc., with responsibility for institutional and retail retirement products as well as college savings programs. Before joining E*TRADE, he was president of a subsidiary of United Asset Management that offered services for defined contribution plans.
As part of his new role Schub is also joining New York Life’s Executive Management Committee.
Schub holds an MBA degree from Babson College and completed his undergraduate work at Brown University.