Mike Treske Appointed Head of Annuity Distribution for John Hancock and President of John Hancock Wood Logan
January 14 2010 - 10:15AM
PR Newswire (US)
Robert T. Cassato Assumes New, Senior Advisory Role In Global
Distribution For Parent, Manulife Financial BOSTON, Jan. 14
/PRNewswire/ -- John Hancock Financial today named Mike Treske as
head of Annuity Distribution for John Hancock and President of John
Hancock Wood Logan. In his new role, Mr. Treske will be responsible
for all aspects of retail distribution supporting the Fixed and
Variable annuities business units, including sales and sales
strategies. He will report to Marc Costantini, Executive Vice
President and General Manager, Variable Annuities. "Mike Treske has
a long record of leadership success with Manulife and John Hancock.
I am delighted that he is stepping into another important role with
our company," said Mr. Costantini. Since 2002, Mr. Treske has
served as head of the Variable Annuity Financial Planners channel.
He joined Manulife's Wood Logan annuity business in 1999 as
Southeast Division Sales Manager and subsequently was named
National Sales Manager for the Financial Planners channel. Mr.
Treske began his financial services career in 1987 as a wholesaler.
Prior to joining Manulife, he held positions with Fidelity and
Evergreen Funds. He is a graduate of the University of
Wisconsin-Eau Claire, and attended graduate school at Colorado
State University. Mr. Treske succeeds Robert T. Cassato, who will
assume a new role as a senior advisor to Manulife Chief Operating
Officer John D. DesPrez III on global distribution strategy. Mr.
Cassato also becomes Chairman of John Hancock Annuity Distribution,
succeeding Doug Wood, who becomes Chairman Emeritus. He will
continue to lead the U.S. National Accounts group. In the fall of
2009, Mr. Cassato was inducted into the Insured Retirement
Institute Hall of Fame in recognition of his contributions and
leadership in the variable annuity industry. "Over the course of
Bob's 20-year tenure with our company, he has been instrumental in
building one of the most powerful distribution networks in the
U.S., contributing greatly to our success as a company," said Mr.
DesPrez. "I am pleased that he will now bring his experience and
insight to Manulife in a broader capacity as we work to expand our
distribution in all geographies." John Hancock also announced that
Chris Mee will assume leadership of the Financial Planners channel,
reporting to Mr. Treske. Mr. Mee, who has been with the company
since 1998, most recently served as Divisional Sales Manager for
the Southeastern region. Before joining Manulife, he was a
financial advisor with A.G. Edwards & Sons and Prudential
Securities. About John Hancock Financial and Manulife Financial
Corporation John Hancock Financial is a unit of Manulife Financial
Corporation, a leading Canadian-based financial services group
serving millions of customers in 22 countries and territories
worldwide. The John Hancock unit, through its insurance companies,
comprises one of the largest life insurers in the United States.
John Hancock offers a broad range of financial products and
services, including life insurance, fixed and variable annuities,
fixed products, mutual funds, 401(k) plans, long-term care
insurance, college savings, and other forms of business insurance.
Additional information about John Hancock may be found at
http://www.johnhancock.com/. Operating as Manulife Financial in
Canada and in most of Asia, and primarily as John Hancock in the
United States, Manulife offers clients a diverse range of financial
protection products and wealth management services through its
extensive network of employees, agents and distribution partners.
Funds under management by Manulife Financial and its subsidiaries
were Cdn$437 billion (US$407 billion) as at September 30, 2009.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and
PSE, and under '945' on the SEHK. Manulife Financial may be found
on the Internet at http://www.manulife.com/. DATASOURCE: John
Hancock Financial CONTACT: Beth McGoldrick, +1-617-663-4751, Web
Site: http://www.johnhancock.com/
Copyright