Allianz Life Names Howard Woolley to Board of Directors

Woolley Brings Expertise in Risk Management, Public Policy, and Diversity and Inclusion as Well as More Than 20 Years of Board Experience

MINNEAPOLIS – May 7, 2020 Allianz Life Insurance Company of North America (Allianz Life®) announced today that Howard Woolley has joined its board. Woolley will sit on the Audit Committee as well as the Nomination, Evaluation and Compensation Committee.  A leader in the fields of regulatory risk management, public policy, and government affairs, he currently is president of Howard Woolley Group LLC, a strategic business and public policy firm serving leading technology clients. Prior to that, Woolley served as senior vice president for wireless public policy and strategic alliances for Verizon Communications. In that position, he served as public policy advisor to all CEOs of Verizon Wireless from the founding of the company in 2000 until his retirement.

“Howard is a key addition to the Allianz Life Board,” said Jackie Hunt, board chair of Allianz Life and member of the Board of Management of Allianz SE. “He brings a wealth of experience and insights in several areas, including risk management, that will help Allianz Life continue its growth trajectory and further its position as a leading US retirement provider.”

Woolley brings more than 20 years of extensive board experience to Allianz Life. He serves as chair of the Nominations and Governance Committee and is a member of the Audit Committee for telecommunications company, SOMOS Inc. Woolley also currently serves on the board of trustees for Johns Hopkins Medicine as well as for Syracuse University. He has served past terms on the boards of the National Urban League as well as the National Council of La Raza (UnidosUS), specializing in diversity and inclusion strategy.

Woolley holds a Bachelor of Science degree from the Newhouse School of Public Communications at Syracuse University and a Master of Administrative Sciences degree from Johns Hopkins University. He is active in medical, education and arts philanthropy.

About Allianz Life Insurance Company of North America

Allianz Life Insurance Company of North America, one of the FORTUNE 100 Best Companies to Work For® in 2020, has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products. In 2019, Allianz Life provided additional value to its policyholders via distributions of more than $10.4 billion. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with over 147,000 employees in more than 70 countries. Allianz Life is a proud sponsor of Allianz Field® in St. Paul, Minnesota, home of Major League Soccer’s Minnesota United.