Edition:
United States

Manulife Financial Corp (MFC.TO)

MFC.TO on Toronto Stock Exchange

23.35CAD
1:29pm EDT
Change (% chg)

$0.03 (+0.13%)
Prev Close
$23.32
Open
$23.34
Day's High
$23.49
Day's Low
$23.23
Volume
1,445,039
Avg. Vol
5,497,178
52-wk High
$25.20
52-wk Low
$18.33

Summary

Name Age Since Current Position

John Cassaday

65 2018 Independent Chairman of the Board

Roy Gori

49 2017 President, Chief Executive Officer, Director

Philip Witherington

2018 Chief Financial Officer

Michael Doughty

2017 President and Chief Executive Officer, Manulife Canada

Marianne Harrison

56 2017 President and Chief Executive Officer, John Hancock

Paul Lorentz

2019 President and Chief Executive Officer, Global Wealth and Asset Management

Anil Wadhwani

2017 President and Chief Executive Officer, Manulife Asia

Linda Mantia

2018 Chief Operating Officer

Pamela Kimmet

60 2018 Chief Human Resource Officer

Scott Hartz

52 2019 Chief Investment Officer

Shamus Weiland

2019 Chief Information Officer

Cindy Forbes

2019 Interim Chief Marketing Officer

Rahim Badrudin Hassanali Hirji

2018 Chief Risk Officer

James Gallagher

2018 General Counsel

Steven Finch

2018 Chief Actuary

Naveed Irshad

2018 Head of North America Legacy Business

Stephani Kingsmill

2018 Senior Advisor to the Chief Executive Officer

Antonella Deo

2019 Secretary

Ronalee Ambrose

49 2017 Independent Director

Joseph Caron

71 2010 Independent Director

Susan Dabarno

66 2013 Independent Director

Sheila Fraser

68 2011 Independent Director

Tsun-yan Hsieh

66 2011 Independent Director

Paul Jenkins

59 2015 Independent Director

Donald Lindsay

60 2010 Independent Director

John Palmer

75 2009 Independent Director

Claude Prieur

67 2013 Independent Director

Andrea Rosen

64 2011 Independent Director

Lesley Webster

66 2012 Independent Director

Biographies

Name Description

John Cassaday

Mr. John M. Cassaday is Independent Chairman of the Board of Manulife Financial Corp. Mr. Cassaday was appointed as Chairman of the Board on May 4, 2018. Mr. Cassaday was previously President and Chief Executive Officer of Corus Entertainment Inc., a position he held since its inception in 1999 until his retirement on March 31, 2015. Prior to Corus, Mr. Cassaday was Executive Vice President of Shaw Communications, President and Chief Executive Officer of CTV Television Network and President of Campbell Soup Company in Canada and the United Kingdom. He also serves on the board of Irving Oil Ltd. (non-public company). Mr. Cassaday has an MBA (Dean’s List) from the Rotman School of Management at the University of Toronto as well as an Honorary Doctor of Laws from the University of Toronto and is a Member of the Order of Canada.

Roy Gori

Mr. Roy Gori is President, Chief Executive Officer, Director of Manulife Financial Corp. Mr. Gori started his career at Citibank in 1989, where he held progressively senior roles and was finally responsible for the company’s Asia Pacific retail business, which included its insurance and wealth management business. In 2015, Roy joined Manulife as President and Chief Executive Officer for Asia. In that role, he was responsible for operations in 12 markets across Asia, driving Manulife’s rapidly growing business in the region. As a champion for diversity and inclusion, Roy is the Chair of Manulife’s D&I Council. He is also a passionate advocate for health and wellness, promoting the benefits of behavioural insurance through award-winning products like Manulife Vitality and Manulife MOVE. He holds a Bachelor of Economics and Finance from The University of New South Wales, and an MBA from the University of Technology, Sydney. He is a member of the Geneva Association and the Business Council of Canada. A native Australian, Roy has worked and lived in Sydney, Singapore, Thailand, and Hong Kong, and is now based in Toronto.

Philip Witherington

Mr. Philip James Witherington is Chief Financial Officer of the Company. From June 2017 to January 1, 2018, Philip Witherington was Executive Vice President and Interim General Manager, Asia. From May 2014 to June 2017, he was Executive Vice President, Chief Financial Officer, Asia Division. Prior to May 2014, he was Asia Pacific Head of Business Finance, Retail Banking and Wealth Management at The Hong Kong and Shanghai Bank Corporation Limited. Mr. Witherington became Manulife’s Chief Financial Officer on January 1, 2018. He is responsible for managing Manulife’s financial affairs, including finance, accounting, capital, treasury, taxation, investor relations, financial regulation, and for our property and casualty reinsurance operations. Mr. Witherington joined Manulife in 2014 and was Interim President & Chief Executive Officer Manulife Asia prior to his January 2018 promotion. He is a member of Manulife’s executive leadership team.

Michael Doughty

Mr. Michael James Doughty is President and Chief Executive Officer, Manulife Canada of the Company. From May 24, 2017 to October 1, 2017, Michael Doughty was Executive Vice President and Interim General Manager, U.S. Division. Prior to May 24, 2017, he was Executive Vice President, John Hancock Insurance, U.S. Division.

Marianne Harrison

Ms. Marianne Harrison serves as President and Chief Executive Officer, John Hancock of Manulife Financial Corp. Prior to January 2013, Marianne Harrison was Executive Vice President and General Manager of John Hancock Long-Term Care Insurance. Ms. Harrison joined Manulife Financial in 2003, and prior to John Hancock Long-Term Care, had served as Executive Vice President and Controller. Before that she was Chief Financial Officer, Wealth Management at TD Bank Financial Group. Prior to that, she served as Vice President, Performance Management, TD Canada Trust. Ms. Harrison is a Chartered Accountant and holds a Bachelor of Arts in English from the University of Western Ontario and a Diploma in Accounting from Wilfrid Laurier University.

Paul Lorentz

Mr. Paul Raymon Lorentz serves as President and Chief Executive Officer, Global Wealth and Asset Management of the Company. He has been appointed President and Chief Executive Officer, Global Wealth and Asset Management effective March 1, 2019. Until such time as that appointment is effective he remains Head, Global Wealth and Asset Management. Prior to October 1, 2017, Paul Lorentz was Executive Vice President and General Manager Retail (Individual Life and Wealth Management (Canadian Division)).

Anil Wadhwani

Mr. Anil Wadhwani is President and Chief Executive Officer, Manulife Asia of the Company. From July 2016 to November 13, 2017, Anil Wadhwani was Global Consumer Bank Operations Head at Citibank N.A. Prior to July 2016, he was Chief Executive Officer, Consumer and Commercial Bank, EMEA at Citibank N.A. Mr. Wadhwani joined Manulife as President and CEO of Manulife Asia on November 13, 2017. He is responsible for the overall management of Manulife’s operations in 12 markets across Asia, including Japan, Singapore, mainland China, Hong Kong, Macau, Taiwan, Indonesia, Vietnam, the Philippines, Malaysia, Cambodia and Thailand. He also operates as a matrix leader to the Global WAM business in Asia, which has primary accountability into the Global WAM segment. He is a member of Manulife’s executive leadership team.

Linda Mantia

Ms. Linda P. Mantia serves as Chief Operating Officer of the Company. She was Chief Operating Officer, Senior Executive Vice President of Manulife Financial Corp., effective Oct. 3, 2016. Most recently, Ms. Mantia served as Executive Vice President of Digital, Payments and Cards at Royal Bank of Canada (RBC), Canada's biggest lender. She was responsible for RBC's award-winning credit card business, as well as the bank's mobile and online banking platforms. Before joining RBC, Ms. Mantia worked at global management consulting firm McKinsey & Co., and prior to that, she practiced corporate securities law at Davies Ward Phillips & Vineberg LLP. She holds a law degree from Queen's Law School in Canada.

Pamela Kimmet

Ms. Pamela O. Kimmet serves as Chief Human Resource Officer of the Company. Ms. Kimmet is the Chief Human Resources Officer at Cardinal Health, Inc., a health care services company which distributes pharmaceuticals and medical products, manufactures medical and surgical products and provides logistics and other services designed to improve the costeffectiveness of healthcare. Prior to July 1, 2016, Ms. Kimmet was the Senior Vice President, Human Resources, Coca-Cola Enterprises, Inc., a position she held since 2008. Ms. Kimmet has extensive human resources leadership experience, including in the financial services industry with senior positions at Bear, Stearns & Company, Inc. and Citigroup, Inc. Ms. Kimmet is a fellow of the National Academy of Human Resources, Vice Chair of the HR Policy Association and Chair of its Center for Executive Compensation, former Chair of the National Business Group on Health, and a member of the Personnel Roundtable. She holds an MBA from Michigan State University and a Bachelor of Science in Industrial and Labor Relations from Cornell University.

Scott Hartz

Mr. Scott Sears Hartz is Chief Investment Officer of the Company effective March 1, 2019. Previously, Mr. Hartz oversaw all U.S. balance sheet investments for Manulife, a post he assumed in 2007. From 2004 to 2007, he was Senior Vice President and head of the Bond & Corporate Finance Group, overseeing all U.S. bond assets, having been the lead portfolio manager for the General account since 1998. He began his career with John Hancock in 1983. Mr. Hartz is a graduate of Colby College and is both a Chartered Financial Analyst (CFA) and Fellow of the Society of Actuaries (FSA).

Shamus Weiland

Cindy Forbes

Ms. Cindy L. Forbes is Interim Chief Marketing Officer of Manulife Financial Corp. She has been Executive Vice President since August 6, 2010. Ms. Forbes is Chief Financial Officer for Manulife's Asia Division and prior to that, was CFO for the Company's Japanese business. Before her assignment to Asia, she was CFO of Reinsurance and she worked in Manulife's Investment and U.S. Pensions divisions.

Rahim Badrudin Hassanali Hirji

Mr. Rahim Badrudin Hassanali Hirji serves as Chief Risk Officer of the Company. He was Executive Vice President, Chief Risk Officer of Manulife Financial Corp. Prior to August 11, 2011, Rahim Hirji was Senior Vice President and Chief Financial Officer, Canadian Division.

James Gallagher

Mr. James David Gallagher is General Counsel of the Company. He has been Executive Vice President, Interim General Counsel at Manulife Financial Corporation since October 20, 2016. Mr. Gallagher has held a variety of legal, compliance and other business support roles with Manulife in the U.S., Canada and globally over the course of his career. Most recently, he was the Executive Vice President, General Counsel and Chief Administrative Officer of Manulife's U.S. Division, responsible for John Hancock's legal and compliance operations. As Chief Administrative Officer, he was also responsible for other functions, including John Hancock's government, public and community relations, as well as brand, communications and sports and events marketing. Prior to joining Manulife in Boston in 1994, Mr. Gallagher was Vice President and Associate General Counsel for the Canadian Operations of Prudential Insurance Company of America and also served as Assistant General Counsel with Prudential at its Newark, NJ, headquarters. Jim graduated with a B.A in Political Science from St. Michael's College, University of Toronto and earned a J.D. from Ohio Northern University College of Law.

Steven Finch

Mr. Steven A. Finch is Chief Actuary of Manulife Financial Corporation. From April 2016 to January 1, 2018, Steve Finch was Executive Vice President and Chief Actuary. Prior to April 2016, he was Executive Vice President and Chief Financial Officer – U.S. Division, John Hancock Financial Services.

Naveed Irshad

Mr. Naveed Irshad is Head of North America Legacy Business of the Company. From May 2014 to January 1, 2018, Naveed Irshad was Senior Vice President and General Manager, Manulife Singapore. Prior to May 2014, he was Senior Vice President, Global Accounts at Reinsurance Group of America, Incorporated.

Stephani Kingsmill

Ms. Stephani E. Kingsmill is Senior Advisor to the Chief Executive Officer of Manulife Financial Corporation. Prior to May 2010, Stephani Kingsmill was Senior Vice President and General Manager, Real Estate. Prior to January 1, 2018, Stephani Kingsmill was Executive Vice President, Human Resources.

Antonella Deo

Ronalee Ambrose

Ms. Ronalee Hope Ambrose is Independent Director of the Company. Ms. Ambrose has been a corporate director since retiring as a Member of Parliament of Canada in July 2017. Ms. Ambrose is a former Leader of Canada’s Official Opposition in the House of Commons and a former leader of the Conservative Party of Canada. She worked as Minister across nine Canadian government departments, and her service included the role of Vice Chair of the Treasury Board and chair of the cabinet committee for public safety, justice and aboriginal issues. She also served as the Minister responsible for the Status of Women, and is a recognized champion for the rights of women and girls. In addition to serving as a corporate director, Ms. Ambrose is a Global Fellow at the Wilson Center’s Canada Institute in Washington, D.C., focusing on Canada-U.S. bilateral trade and North American competitiveness issues. In addition to the public companies listed to the right, she also serves on the board of Coril Holdings Ltd. (a private company) and the advisory board of the Canadian Global Affairs Institute. Ms. Ambrose has a Bachelor of Arts from the University of Victoria and a Master of Arts from the University of Alberta. She is also a graduate of the Harvard Kennedy School of Government Senior Leaders Program.

Joseph Caron

Mr. Joseph Peter Caron is Independent Director of Manulife Financial Corporation. Mr. Caron is the former Principal and Founder of Joseph Caron Incorporated, a consulting business established in 2010 to provide strategic counsel to Asian businesses seeking to grow in Canada and Canadian businesses and organizations focused on development in Asia. His experience includes four years with HB Global Advisors Corporation, the international consulting firm of Heenan Blaikie LLP (2010 to 2013), and almost four decades with the Government of Canada where he served in a number of key diplomatic posts, including Ambassador to the People’s Republic of China (2001 to 2005), Ambassador to Japan (2005 to 2008) and High Commissioner to the Republic of India (2008 to 2010). He also serves on the board of the Vancouver International Airport. Mr. Caron holds a Bachelor of Arts in Political Science from the University of Ottawa. He holds honorary degrees from York University and Meiji Gakuin University, and has been named a Distinguished Fellow of the Asia Pacific Foundation and an Honorary Research Associate of the University of British Columbia’s Institute of Asian Research.

Susan Dabarno

Ms. Susan F. Dabarno is Independent Director of Manulife Financial Corporation. Ms. Dabarno has been a corporate director since 2011. She has extensive wealth management and distribution expertise and served from 2009 to 2010 as Executive Chair, and from 2003 to 2009 as President and Chief Executive Officer, of Richardson Partners Financial Limited, an independent wealth management services firm. Before joining Richardson Partners Financial Limited, Ms. Dabarno was President and Chief Operating Officer at Merrill Lynch Canada Inc. She is a former director of the Toronto Waterfront Revitalization Corporation (government funded organization) and Bridgepoint Health Foundation (not-for-profit). Ms. Dabarno is a Fellow of Chartered Professional Accountants (FCPA) and holds a Class II Diploma from McGill University.

Sheila Fraser

Ms. Sheila Sarah Margaret Fraser serves as Independent Director of Manulife Financial Corporation. Fraser served as Auditor General of Canada from 2001 to 2011 and, prior to joining the Office of the Auditor General in 1999 as Deputy Auditor General, she was a partner at Ernst & Young LLP for 18 years. Ms. Fraser’s contributions to the accounting and auditing profession include her current role as a Trustee of the International Financial Reporting Standards (IFRS) Foundation. She has also chaired two committees of the International Organization of Supreme Audit Institutions as well as the Public Sector Accounting Board of the Canadian Institute of Chartered Accountants and, until December 31, 2013, was a member of the International Federation of Accountants-International Public Sector Accounting Standards Board. She also serves on the board of the International Institute for Sustainable Development – Experimental Lakes Area (not-for-profit) as well as the board of the International Federation of Accountants (IFAC). Ms. Fraser holds a Bachelor of Commerce from McGill University. She is an Officer of the Order of Canada and is a Fellow of the Institute of Chartered Professional Accountants of Ontario and the Ordre des comptables professionnels agréés du Québec.

Tsun-yan Hsieh

Mr. Tsun-yan Hsieh serves as Independent Director of Manulife Financial Corporation. He is Chairman of LinHart Group PTE Ltd., a firm he founded in 2010 to provide leadership services internationally. Mr. Hsieh, a resident of Singapore, has extensive consulting experience in business strategy, leadership development and corporate transformation. Mr. Hsieh joined McKinsey & Company in 1980 and was elected a director from 1990 to 2008, when he retired. During his tenure, he served as Managing Director of Canada and ASEAN practices and led McKinsey’s Organization and Leadership Practice globally. At the National University of Singapore, Mr. Hsieh holds the joint appointment of Provost Chair Professor at the Business School and the Lee Kuan Yew School of Public Policy. He serves on the board of the following non-public companies and not-for-profit and other organizations: Duke-NUS Graduate Medical School Singapore, LinHart Group PTE Ltd. (Chairman/Director), Manulife US Real Estate Management Pte Ltd. (Chair), National University of Singapore Business School (Management Advisory Board), Singapore Institute of Management (Member of Governing Council) and Singapore Institute of Management Pte Ltd. Mr. Hsieh has a Bachelor of Science in Mechanical Engineering from the University of Alberta and an MBA from Harvard Business School.

Paul Jenkins

Mr. Paul Thomas (Tom) Jenkins is Independent Director of Manulife Financial Corporation., effective March 1, 2015. Mr. Jenkins is Chairman of the Board of OpenText Corporation. From 2005 to 2013, Mr. Jenkins was Chief Strategy Officer of OpenText. Prior to 2005, Mr. Jenkins was President and Chief Executive Officer of OpenText. Mr. Jenkins has served as a Director of OpenText since 1994 and as its Chairman since 1998. He is a former director of BMC Software, Inc., a non-public software corporation based in Houston, Texas, and serves on the board of the following not-for-profit organizations: World Wide Web Foundation (Chair) and Ontario Global 100 Network (Chair). Mr. Jenkins received an MBA from the Schulich School of Business at York University, a Masters of Applied Sciences from the University of Toronto and a Bachelor of Engineering & Management from McMaster University. Mr. Jenkins received an honorary doctorate of laws from the University of Waterloo and an honorary doctorate of Military Science from the Royal Military College of Canada. He is an Officer of the Order of Canada and a Fellow of the Canadian Academy of Engineering.

Donald Lindsay

Mr. Donald Richard Lindsay serves as Independent Director of Manulife Financial Corporation. He is President and CEO of Teck Resources Limited, Canada’s largest diversified mining, mineral processing and metallurgical company, a position he has held since 2005. Mr. Lindsay’s experience includes almost two decades with CIBC World Markets Inc., where he ultimately served as President after periods as Head of Investment and Corporate Banking and Head of the Asia Pacific Region. Mr. Lindsay earned a Bachelor of Science in Mining Engineering from Queen’s University and holds an MBA from Harvard Business School.

John Palmer

Mr. John R. V. Palmer serves as Independent Director of Manulife Financial Corporation. Mr. Palmer was Chairman and a founding director of the Toronto Leadership Centre, an organization focused on leadership in financial supervision, until June 2018. Mr. Palmer was the Superintendent of Financial Institutions, Canada from 1994 to 2001, following his career at KPMG LLP (Canada) where he held senior positions, including Managing Partner and Deputy Chairman. He was also the Deputy Managing Director of the Monetary Authority of Singapore and has advised other regulators including the Australian Prudential Regulation Authority. He serves on the boards of the following non-public companies: Sageco Advisory Services Inc. and Tenaugust Properties Inc. Mr. Palmer holds a Bachelor of Arts degree from the University of British Columbia. He is a Fellow of the Institutes of Chartered Professional Accountants of Ontario and British Columbia and is a Member of the Order of Canada.

Claude Prieur

Mr. Claude James Prieur is Independent Director of Manulife Financial Corporation. He has been a corporate director since 2011 and, prior to that time, Mr. Prieur served as Chief Executive Officer and director of CNO Financial Group, Inc. from 2006 until his retirement in 2011. CNO Financial Group is a life insurance holding company focused on the senior middle income market in the U.S. Prior to joining CNO Financial Group, Mr. Prieur was President and Chief Operating Officer of Sun Life Financial, Inc. from 1999 to 2006 where he had previously led operations in Asia, Canada, United States, and the United Kingdom. He serves on the board of the Alberta Investment Management Corporation, a Crown corporation of the Province of Alberta, as well as the following not-for-profit organizations: President’s Circle of the Chicago Council on Global Affairs, and The Pacific Council on International Policy and its China Committee. Mr. Prieur is a Chartered Financial Analyst and holds an MBA from the Richard Ivey School at Western University and a Bachelor of Arts from the Royal Military College of Canada.

Andrea Rosen

Ms. Andrea Sarah Rosen is Independent Director of Manulife Financial Corporation. She has been a corporate director since 2006. Prior to January 2005, her experience includes more than a decade with TD Bank Financial Group, where she ultimately served as Vice Chair, TD Bank Financial Group and President of TD Canada Trust. Earlier in her career, she held progressively senior positions at Wood Gundy Inc. and was Vice President at Varity Corporation. She serves on the board of the Institute of Corporate Directors (not-for-profit). Ms. Rosen has an LLB from Osgoode Hall Law School, an MBA from the Schulich School of Business at York University and a Bachelor of Arts from Yale University.

Lesley Webster

Dr. Lesley Daniels Webster serves as Independent Director of Manulife Financial Corporation. She is President and founder of Daniels Webster Capital Advisors, an enterprise risk management consulting firm established in 2006. Ms. Webster has extensive financial industry experience and was Executive Vice President of JP Morgan Chase’s firm-wide Market and Fiduciary Risk Management from 1994 until 2005. Prior to that, she was global head of U.S. Dollar Fixed Income Derivatives at UBS Securities, Inc. and head of Fixed Income Arbitrage trading at Chase Manhattan Bank. Ms. Webster earned a PhD in Economics from Stanford University and a Bachelor of Arts in Economics from the University of Illinois at Urbana.