Guardian Life Names Industry Veteran Jonathan Mayhew Head of Group Benefits
The Guardian Life Insurance Company of America® (Guardian Life) announced Jonathan Mayhew as Head of Group Benefits, reporting to Chief Executive Officer and President Andrew McMahon. Mayhew will lead a team of three thousand dedicated colleagues working to inspire well-being for employees and family members of Guardian customers.
“Jonathan is a proven leader with extensive experience in employer-sponsored health benefits and a strong track record of growth, execution, and innovation. His rich experience and purpose-driven leadership style make him the right leader to drive growth in Guardian’s Group Benefits and to support our continued success,” said McMahon.
Through its Group Benefits business, Guardian is helping employers to attract and retain top talent by offering high quality employee benefits. Guardian’s offerings include Dental, Vision, Life, Disability and Absence Management, Mental Wellness through Spring Health, and Supplemental Health products such as Hospital Indemnity Insurance, which provides financial protection against potentially devastating hospital bills.
Guardian continues to strengthen foundational capabilities and bring new offerings to market. Most recently the company launched innovative Dental plans that include Diminishing Deductible, which reduces each year the member is on the plan until it’s $0 after three years, and Early Smiles, providing 100% network coverage for preventive, basic, and major care for children through age 12. This year Guardian also launched a national partnership with Spring Health, providing access to mental health professionals and a wide range of solutions clinically proven to reduce recovery times and help companies decrease employee turnover and increase productivity.1
Mayhew brings extensive experience in employer-sponsored health benefits and a strong track record of growth, execution, and innovation, including overseeing $52B in revenue and $4.3B in Operating Income as President of US Markets for Aetna. Most recently, Jonathan was CEO of Ontrak and previously served as Chief Transformation Officer at CVS Health. In prior roles, Jonathan led strategy, business development, product marketing and field operations, including sales and account management of dental and disability products.
“I’m excited to join Guardian and lead the Group Benefits business at a time when employers are increasingly focused on supporting, engaging, and retaining talent,” said Mayhew. “I look forward to working with our colleagues, brokers, professional employer organizations, and medical partners to continue to distinguish Guardian as a partner of choice.”
Eileen Murray elected to Guardian Board of Directors
The Guardian Life Insurance Company of America® (Guardian Life), a Fortune 250 mutual company and a leading provider of life, disability, dental, and other benefits for individuals, at the workplace and through government sponsored programs, announced that Eileen Murray has been elected to its board of directors.
Ms. Murray is the incoming Chair of the Financial Industry Regulatory Authority (FINRA), starting August 2020. She served as Co-Chief Executive Officer of Bridgewater Associates from 2011 until April 2020. She previously served as Bridgewater’s Co-President and Chief Operating Officer. Prior to joining Bridgewater, she held several senior executive roles at Morgan Stanley from 1998 until 2002 and 2005 until 2007, including Controller, Treasurer, Global Head of Technology and Operations, and member of the Management Committee for the firm, as well as Chief Operating Officer for its Institutional Securities Group. From 2002 until 2005, she served as head of global technology, operations and product control at Credit Suisse First Boston, where she was the first woman to serve on its Executive Board.
Currently, Ms. Murray also serves on the boards of financial services firm HSBC Holding plc; Compass, a real estate technology company; and the Irish Arts Center.
“We are delighted to welcome Eileen to Guardian’s board as an independent director. Eileen’s operational, technological and innovation experience, coupled with her knowledge of the financial markets and corporate strategy, will bring great value to Guardian,” said CEO Deanna Mulligan. “We look forward to Eileen sharing her insights as we work to deliver on our mission to be the trusted mutual partner for our customers.”
Ms. Murray earned a Bachelor of Science degree in Accounting and was awarded an honorary doctoral degree from Manhattan College, where she was the first female graduate to be honored with its De La Salle Medal of Honor.