John Hancock president & CEO to retire; successor named

Previous to his present function, Tingle held numerous management positions in advertising, technique and operations at John Hancock Insurance coverage.

-Commercial-

“Brooks is a extremely revered chief in our trade who brings a deep ardour for our work,” Gori mentioned in a press launch.

“I’m happy to welcome him to the management workforce and on behalf of our total group I want Marianne all the very best in her retirement.”

One of many largest life insurers in the USA, John Hancock is a monetary companies firm providing a spread of economic merchandise, together with life insurance coverage and annuities, to 10 million Individuals.

The Boston-based firm additionally provides funding alternatives, retirement planning and administrative experience to people and establishments.

“Champion for colleagues”

Harrison has served as President and CEO of John Hancock since 2017. Previous to that, she was President and CEO of Manulife’s Canada division, President and Common Supervisor of John Hancock’s long-term care enterprise, and Company Controller of Manulife.

The corporate has recommended her for being “a continuing advocate for colleagues, a valued member of Manulife’s management workforce, [and] a robust DEI proponent.”

She additionally efficiently guided John Hancock by the complexities of the COVID-19 pandemic.

“Marianne’s robust ardour for our individuals was a trademark of her tenure. All through her time on the helm of John Hancock, she has helped rework the corporate with an unwavering deal with our clients, shareholders and the communities wherein we function,” mentioned Gori.

“I’m assured that given their shared ardour for our mission, she and Brooks will easily hand over management to John Hancock.”

Clean transition

Harrison mentioned it has been an honor to have labored with colleagues throughout Manulife for the previous 20 years and to have led John Hancock for the previous 5 years.

She additionally praised her successor’s “daring imaginative and prescient” for the trade and dedication to clients.

“I’m assured [Tingle] will make John Hancock a fair stronger group, poised for future success,” mentioned Harrison.

For his half, Tingle mentioned he’s trying ahead to a seamless transition.

“As a life insurer, now we have a novel alternative and duty to assist individuals stay longer, more healthy and higher lives,” he mentioned.

“By doing so, we will create shared worth between our shareholders, clients and society – all targeted on longer lifespans and higher well being outcomes.”

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2023-03-03 14:00:00

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