updated 12/6/2010 3:45:43 PM ET 2010-12-06T20:45:43

NEW YORK, Dec. 6, 2010 (GLOBE NEWSWIRE) -- The Guardian Life Insurance Company of America (Guardian) one of the largest mutual life insurers and a leading provider of employee benefits today announced that Michael B. Cefole has been promoted to Senior Vice President and head of its Retirement Solutions business , which provides retirement products and services designed specifically for small business.

Cefole previously was Vice President and Chief Financial Officer of the Retirement Solutions business. He joined Guardian in 2009 with more than two decades experience in financial services, both in financial and operational leadership roles. He will report to Scott Dolfi, executive vice president, Business and Operations.

"Mike has made significant contributions to Guardian, making a noticeable impact both in financial and business matters," Dolfi said. "He further demonstrated tremendous leadership abilities when most recently he stepped in as interim head of Retirement Solutions. We look forward to Mike's continued contributions as he leads the business' ongoing growth agenda."

Cefole joined Guardian after 18 years with Hartford Life Insurance Company. He is a graduate of the University of Hartford and holds a Bachelor of Science degree in Accounting. He is a Certified Public Accountant.

About Guardian

A mutual insurer founded in 1860, The Guardian Life Insurance Company of America and its subsidiaries are committed to protecting individuals, business owners and their employees with life, long-term care, disability income, group medical and dental insurance products, and offer 401(k), annuities and other financial products. Guardian operates one of the largest dental networks in the United States, and protects more than six million employees and their families at 120,000 companies. The company has more than 5,400 employees in the United States and a network of over 3,000 financial representatives in more than 80 agencies nationwide.

For more information about Guardian, please visit: www.GuardianLife.com

CONTACT:  Guardian Life Insurance Company of America
          Media Inquiries:
          Richard Jones
          (212) 598-8338

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


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