Northwestern Mutual Board Elects John Balboni as New Trustee

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Wed May 27, 2009 1:00pm EDT

MILWAUKEE, May 27 /PRNewswire/ -- The board of trustees of Northwestern Mutual
has elected John N. Balboni to serve on the company's board. Balboni is senior
vice president and chief information officer of International Paper Company,
the world's largest paper and packaging company, based in Memphis, Tennessee. 

"John's expertise in strategic information technology, as well as his strong
management, finance and analytical background, makes him a solid addition to
the Northwestern Mutual board," said Edward J. Zore, chairman and chief
executive officer of Northwestern Mutual. "His career also demonstrates a
great deal of flexibility, a skill that is particularly crucial now as all
companies find themselves adapting to new environments."

Balboni previously served as chairman of Northwestern Mutual's Policyowners'
Examining Committee, an independent group appointed each year to take an
impartial and unrestricted look at the company's operations, management and
strategic planning. 

In addition to his current position at International Paper Company, Balboni
has held various roles over a 21-year career with the company. Prior to this,
he spent nine years in management roles at Kendall Company, a division of
Colgate Palmolive, and United Brands Company, formerly United Fruit Company -
Chiquita.

In addition to his seat on Northwestern Mutual's Board of Trustees, Balboni
also serves on the boards of Liaison Technologies, a leader in integration and
data management, as well as his local chapter of United Way. He received his
BA and MBA from Boston College.

View or download an image of Balboni on the Northwestern Mutual news site.

About Northwestern Mutual
The Northwestern Mutual Life Insurance Company - Milwaukee, WI (Northwestern
Mutual) has helped clients achieve financial security for more than 150 years.
As a mutual company with over $1 trillion of life insurance protection in
force, Northwestern Mutual seeks to share its gains with policyowners and
deliver consistent and dependable value to clients over time.

Northwestern Mutual is an industry leader in total individual life insurance
and disability insurance dividends paid to participating policyowners. Though
dividends are not guaranteed, are reviewed annually and are subject to change,
the company has paid life insurance dividends every year since 1872.

Northwestern Mutual and its subsidiaries offer a holistic approach to
financial security solutions including: life insurance, long-term care
insurance, disability insurance, annuities, investment products, and advisory
products and services. Subsidiaries include Northwestern Mutual Investment
Services, LLC, broker-dealer, registered investment adviser, member FINRA and
SIPC; the Northwestern Mutual Wealth Management Company, limited purpose
federal savings bank; and Northwestern Long Term Care Insurance Company; and
Russell Investment Group. Further information can be found at
http://www.northwesternmutual.com.



SOURCE  Northwestern Mutual Financial Network

Jean Towell of Northwestern Mutual, 1-800-323-7033,
mediarelations@northwesternmutual.com
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