Home Insurance John Hancock president & CEO to retire; successor named

John Hancock president & CEO to retire; successor named

John Hancock president & CEO to retire; successor named

Previous to his present function, Tingle held numerous management roles throughout advertising, technique, and operations for John Hancock Insurance coverage.

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

“I’m excited to welcome him to the chief management crew, and on behalf of our complete group, want Marianne one of the best in retirement.”

One of many largest life insurers within the US, John Hancock is a monetary companies agency that serves 10 million Individuals by way of a variety of monetary merchandise, together with life insurance coverage and annuities.

The Boston-based agency additionally affords funding capabilities, retirement planning, and administration experience to people and establishments.

‘Champion for colleagues’

Harrison had been president and CEO of John Hancock since 2017. Earlier than that, she served as president and CEO of Manulife’s Canada division, president and common supervisor of John Hancock’s long-term care enterprise, and Manulife’s Company Controller.

The corporate has praised her for being “a continuing champion for colleagues, a valued member of Manulife’s govt management crew, [and] a robust DEI advocate.”

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

“Marianne’s sturdy ardour for our individuals has been a trademark of her tenure. All through her time main John Hancock, she has helped rework the enterprise with an unwavering deal with our prospects, shareholders, and the communities wherein we function,” mentioned Gori.

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

Seamless transition

Harrison mentioned it had been an honor working with colleagues throughout Manulife over the past 20 years, and to have led John Hancock up to now 5 years.

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

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

Tingle, for his half, mentioned he was wanting ahead to a seamless transition.

“As a life insurer, we’ve a singular alternative and duty to assist individuals reside longer, more healthy, higher lives,” he mentioned.

“Doing so means we will create shared worth between our shareholders, prospects, and society – all aligned to improved longevity and higher well being outcomes.”   

What are your ideas on this story? Share them within the feedback beneath.