MetLife to repurchase $1B in common stock MetLife announced that it will resume share repurchases and intends to repurchase up to $1B in MetLife common stock. The company will utilize existing authorizations from the board of directors to repurchase MetLife, Inc. common stock. The last time MetLife repurchased shares was 2008.
Wheeler retirement adds uncertainty to MetLife CEO succession, says Wells Fargo Wells Fargo said the retirement of Metlife's President of the Americas Bill Wheeler was unexpected and adds uncertainty around the issue of CEO succession, since Wheeler was widely viewed as a possible successor to CEO Steve Kandarian. Wheeler's exit leaves the company with no clear front runner to next take up the CEO post, said the firm, which has an Outperform rating on Metlife shares.