Larry Burton Joins ACLI As Chief Operating Officer
September 16, 2015 by American Council of Life Insurers
Washington, D.C. (August 17, 2015) — American Council of Life Insurers (ACLI) President and CEO Dirk Kempthorne announced today the appointment of Larry Burton as chief operating officer. He will join ACLI on August 24.
Mr. Burton will coordinate ACLI’s state, federal and international advocacy and report to Governor Kempthorne.
“This is a new position at ACLI, reflecting the increasing insurance regulatory connections among the states, federal authorities and international standard setters. In this role, Larry will enhance our work in support of the industry and the 75 million American families that rely on our products for peace of mind, long-term savings and a guarantee of lifetime income in retirement,” said ACLI President & CEO Dirk Kempthorne.
“Larry will bring his broad government and private-sector experience to this position. He will be an invaluable asset for ACLI and our efforts to further inform policy-makers about the vital role life insurers play in Americans’ financial and retirement security and the nation’s economy,” Gov. Kempthorne said.
From 2012 to 2015, Mr. Burton was senior vice president of government affairs at CVS Health. Prior to that, starting in 2004, he served as executive director of the Business Roundtable.
In 1987, Mr. Burton began a 17-year career at BP America, rising to the position of vice president of external affairs.
Mr. Burton also has extensive Capitol Hill and federal government experience. He held senior positions with U.S. Rep. Don Young (R-Alaska) and former U.S. Senate Assistant Majority Leader Ted Stevens (R-Alaska). He also was a special assistant and associate director for the U.S. Office of Management and Budget, where he served as senior liaison to the Senate on budget and regulatory matters.
Mr. Burton received a Bachelor of Arts degree in political science and government from Lewis and Clark University and a Masters of Business Administration in finance from The George Washington University.
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The American Council of Life Insurers (ACLI) is a Washington, D.C.-based trade association with approximately 300 member companies operating in the United States and abroad. ACLI advocates in federal, state, and international forums for public policy that supports the industry marketplace and the 75 million American families that rely on life insurers’ products for financial and retirement security. ACLI members offer life insurance, annuities, retirement plans, long-term care and disability income insurance, and reinsurance, representing more than 90 percent of industry assets and premiums. Learn more at www.acli.com.
