John Hancock president & CEO to retire; successor named

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Previous to his present position, Tingle held varied management roles throughout advertising and marketing, 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 total group, want Marianne the very best in retirement.”

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

The Boston-based agency additionally gives 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 relentless champion for colleagues, a valued member of Manulife’s government management crew, [and] a powerful DEI advocate.”

She additionally efficiently led John Hancock via 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 concentrate on our prospects, shareholders, and the communities by which 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 during the last 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 novel alternative and duty to assist individuals dwell longer, more healthy, higher lives,” he mentioned.

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

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