Marianne Harrison to Retire After
Twenty Distinguished Years at Manulife and Five as President and
CEO of John Hancock
TSX/NYSE/PSE: MFC SEHK: 945
BOSTON, March 3,
2023 /PRNewswire/ -- Today, John Hancock, a unit of Manulife (NYSE: MFC),
announced that Marianne Harrison has
decided to retire after twenty distinguished years with the company
and that Brooks Tingle will become
President and CEO of John Hancock,
effective April 1st, 2023.
Mr. Tingle will join Manulife's executive leadership team and
report to Roy Gori, President and
CEO of Manulife.
Ms. Harrison has led numerous leadership positions throughout
her tenure, including as President and CEO of John Hancock since 2017. Before that, she served
as President and CEO of Manulife's Canada division, President and General Manager
of John Hancock's Long-Term Care
business, and Manulife's Corporate Controller. She has been a
constant champion for colleagues, a valued member of Manulife's
executive leadership team, a strong DEI advocate, and successfully
led John Hancock through the
complexities of the COVID-19 pandemic.
Mr. Tingle currently serves as President and CEO of John Hancock
Insurance and as the global leader of behavioral insurance for
Manulife. Notably, he led John
Hancock to embrace and implement the company's now
market-leading position in behavioral insurance, which offers
customers significant savings and rewards for living healthy. Prior
to his current role, Mr. Tingle held various leadership roles
across Marketing, Strategy, and Operations for John Hancock
Insurance, building strong advanced analytics and overseeing new
business, underwriting, claims, information technology, policy
administration, customer service, and reinsurance
administration.
Mr. Tingle serves on the boards of John
Hancock's insurance companies, including John Hancock Life
Insurance Company and John Hancock Life Insurance Company of
New York. He is a member of the
Board of The Partnership, Inc., LL Global, and the Tufts Nutrition
Council for the Gerald J. and Dorothy R.
Friedman School of Nutrition Science and Policy. He received
an MBA from Boston University and a
B.A. in Economics from the University of New Hampshire.
Roy Gori, President and CEO of
Manulife said: "Marianne's strong passion for our people has
been a hallmark of her tenure. Throughout her time leading
John Hancock, she has helped
transform the business with an unwavering focus on our customers,
shareholders, and the communities in which we operate. I'm
confident that she and Brooks will smoothly transition leadership
of John Hancock, given their shared
passion for our mission. Brooks is a highly respected leader in our
industry who brings a deep passion for the work we do. Thanks to
his creativity, Brooks has led the evolution of our approach to
behavioral insurance and introduced innovations to our product
line, like our recently announced collaboration with
GRAIL. I'm excited to welcome him to the Executive Leadership
Team, and on behalf of our entire organization, wish Marianne the
best in retirement."
Ms. Harrison said: "It has been an honor working with my
colleagues across Manulife over the last twenty years, and to have
led John Hancock these past five
years. I can't think of a better person than Brooks to lead
John Hancock. He has a bold vision
for our industry and an unsurpassed commitment to customers. I'm
confident he will make John Hancock
an even stronger organization poised for future success."
Mr. Tingle said: "It's a privilege to be John Hancock's next President and CEO and join
Manulife's leadership team. I am grateful to have learned so much
from Marianne and look forward to working with her on a seamless
transition. As a life insurer, we have a unique opportunity and
responsibility to help people live longer, healthier, better lives.
Doing so means we can create shared value between our shareholders,
customers, and society – all aligned to improved longevity and
better health outcomes. This is a concept we believe in so
fundamentally that it is now a cornerstone of how we do business,
and one that we intend to help shape the future of our company and
industry."
About John Hancock and
Manulife
John Hancock is a unit of Manulife
Financial Corporation, a leading international financial services
provider that helps people make their decisions easier and lives
better by providing financial advice, insurance, and wealth and
asset management solutions. Manulife Financial Corporation
trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK.
Manulife can be found at manulife.com.
One of the largest life insurers in the United States, John Hancock supports more than ten million
Americans with a broad range of financial products, including life
insurance and annuities. John
Hancock also supports US investors by bringing leading
investment capabilities and retirement planning and
administration expertise to individuals and institutions.
Additional information about John
Hancock may be found at johnhancock.com.
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SOURCE John Hancock