Salvadore F. Farina, CLU®, CLF®, ChFC®, Named President of The American College Alumni Association

Bryn Mawr, PA - November 15, 2007 - Salvatore F. Farina, CLU®, CLF®, ChFC®, MSM , Managing Partner for New York Life’s Long Island General Office has been named the President of The American College Alumni Association.  Farina will be responsible for advising the Association on growth initiatives, developing alumni accomplishment recognition, and increasing educational opportunities for association members via the web.  Leading the association into its growth phase, he will also preside over annual alumni board meetings in Chicago in 2008, and in New York in 2009.

“We are delighted to be the beneficiaries of Sal’s leadership and vision.  His infectious enthusiasm and experience will help The American College Alumni Association grow and prosper,” said Russ Figueira, Vice President of Alumni Relations and Human Capital.  “His longstanding history with New York Life’s will help keep members current with timely and relevant education about changes in the regulatory environment of our industry, as well as offer them opportunities to earn continuing education credits.”

Farina began his career as a New York Life Agent in 1985, where he advanced from Sales Manager to eventual Managing Partner in 2002.  Along the way, he was awarded the Northeastern Zone’s Agency Growth Award for outstanding Sales Growth in 1992, promoted to Agency Vice President in 1993, and then Zone Vice President in 1996. 

By 1999, Sal was promoted to Senior Vice President for New York Life’s Northeastern Zone where he was directly responsible for 1,800 agents and over $75 million of agent first year commissions.  During his three-year tenure as Zone Senior, Farina took the territory through unprecedented life premium sales growth.  Life premium rose 18%, 11%, and 30% respectively, leading his receiving the New York Life Award of Excellence Trophy.   

Sal is a graduate of the New York Institute of Technology and has earned his Chartered Life Underwriter® (CLU®), Chartered Leadership Fellow® (CLF®), and Chartered Financial Consultant® (ChFC®) designations.  He has completed the Master of Science in Management with an Emphasis in Leadership (MSM) degree program at The College, and is also an Investment Advisor Representative with Eagle Strategies Corp., a Registered Investment advisor. 

All designation and degree graduates of The American College interested in becoming active volunteers with the Alumni Association can contact Russ Figueira directly at 610-526-1200 or via e-mail at [email protected]

New York Life Insurance Company, a fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States and on of the largest life insurers in the world.  New York Life has the highest possible financial strength ratings from all four of the major credit rating agencies.  Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments and long-term care insurance.  New York Life Investment Management LLC provides institutional asset management and retirement plan services.  Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.     

The American College is dedicated to leadership in innovative training and development that helps financial services companies and their employees succeed.  As a non-profit educational institution holding the highest level of academic accreditation, The College has served as a valued business partner to banks, brokerage firms, insurance companies, and others for 80 years.  The American College’s faculty represents some of the financial services industry’s foremost thought leaders.

For more information, visit www.TheAmericanCollege.edu.  

Contact: 

Ashley E. Snyder
Public Relations Associate
610-526-1453