John Hancock Names First Female CEO and President

NEC member John Hancock recently appointed Marianne Harrison as CEO and President, the first time a woman has filled that role at the company.

Harrison will take over for Michael Doughty, who will assume her position at Manulife Financial Corporation, John Hancock’s Canadian parent company. Harrison’s career spans three decades in the financial services industry including time as TD Banks’s CFO of wealth management.  She led Manulife’s long-term care division for nearly five years, which will be especially helpful in her new role as John Hancock grapples with how to address challenges with their long-term care division. The move will be official on October 1, 2017.

“Marianne has done a tremendous job [focusing] our business around the holistic needs of our customers and [she] successfully led the acquisition and integration of Standard Life’s Canadian operations. She is a collaborative leader who has attracted and developed strong talent to our organization,” a company spokesperson said. “Importantly, she spent almost five years leading our U.S. long-term care business, which gives her unique insight into the opportunities and challenges we face in the U.S. market.”

The New England Council congratulates Marianne Harrison and wishes her luck in her new position.  Read more in The Boston Globe and Life Annuity Specialist.

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