Develops and maintains a strategic approach to the John Hancock Group of Funds Board of Directors looking to the future of fund management
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BOSTON, September 20, 2022 /PRNewswire/ – John Hancock Investment Management, a Manulife Investment Management company, today announced the appointment of four new directors to the board of directors of the John Hancock Group of Funds, including three new independent directors. The new directors have extensive combined experience in financial services, regulatory and compliance management, technology and evolving investor markets, while collectively providing strategic direction on the future of fund management . The new trustees are:
Noni L. Ellison — Ms. Ellison is currently Senior Vice President, General Counsel and Corporate Secretary at Tractor Supply Company and has over 25 years of executive, legal and compliance leadership experience. In addition to managing Tractor Supply’s legal department, she also oversees risk management, government relations, licensing and quality assurance/customs compliance, as well as corporate environmental, social and governance efforts. Ms. Ellison received her Bachelor of Arts from Howard University, magna cum laude. She earned her law degree and MBA from University of Chicago.
Dean Garfield — Mr. Garfield is currently Vice President of Public Policy and a member of the Executive Team at Netflix, where he oversees global public policy and regulatory affairs. Prior to joining Netflix in 2019, he held several executive positions in information technology and entertainment companies, providing significant global experience in operations, governance, regulation and leadership. He was nominated by President Obama, then reappointed by President Trump to the President’s Business Advisory Council and was recently appointed to the Department of Transportation’s Automation Advisory Committee. Mr. Garfield holds a Juris Doctor and a Masters of New York University School of Law and the Woodrow Wilson School of Public Administration and International Affairs in princeton university. He earned his undergraduate degree in English Language and Literature at Middlebury College.
Patricia Lizarraga — Ms. Lizarraga is currently Managing Partner of Hypatia Capital Group, an asset management firm that focuses on sponsoring female CEOs and investors. She has over 25 years of experience in global and corporate banking and has founded several successful businesses. Ms. Lizarraga has expertise in financial services and investment matters, as well as operations and risk monitoring. Ms. Lizarraga also has a strong background in corporate governance and regulation in the investment management industry. She graduated with a Bachelor of Arts, cum laude, from Yale University and his MBA from Harvard Business School.
Paul Lorentz — Mr. Lorentz is a member of Manulife’s management team and President and Chief Executive Officer of Manulife Investment Management. He directly oversees global wealth and asset management businesses, including retirement, retail and asset management solutions for investors worldwide. Prior to his current role, Mr. Lorentz was Managing Director of Wealth Management and Individual Insurance for the Canadian division of Manulife and held various positions of increasing responsibility across the firm’s Canadian operations. Mr. Lorentz is a Fellow of the Canadian Institute of Actuaries and earned his undergraduate degree in mathematics at University of Waterloo.
“We are delighted to welcome these new directors at this pivotal time for the asset management industry,” said Dr. Hassell McClellan, chairman of the board of the John Hancock Group of Funds. “The John Hancock funds board is a highly strategic asset to the funds and shareholders and the new directors will enhance and strengthen the board. The new directors are exceptional people, accomplished professionals and experts in their respective areas, with varied personal backgrounds and experiences, which will provide the Board with additional leadership resources, expertise and perspectives.”
“A strong board is and will remain key to fund shareholder success,” said Andrew G. ArnottCEO, John Hancock Investment Management and Head of US Business and Europe, Manulife Investment Management and Chairman of the John Hancock Funds. “We are pleased to share the approach taken to recruiting such an exemplary group of new directors. Their expertise and deep knowledge in such important areas will bring continued success to our shareholders.”
“The changing investment landscape requires fund boards to be even more strategic with their composition and structure,” Dr. McClellan added. “We are committed to ensuring that the Board of Directors of the John Hancock Group of Funds is made up of people with complementary skills to help investors achieve their investment and savings goals. Our aim is to prepare and “future-proofing” the board for an increasingly competitive, global, regulatory-impacted and technology-driven investment environment.”
With this announcement, the John Hancock Group of Funds board now includes 12 independent directors and three interested directors with a wide range of skills and knowledge. In selecting new members, the John Hancock Group of Funds Board reviewed a large pool of candidates to select the additional and complementary skills needed to build a thoughtful and strategically composed Board to meet the challenges and take advantage of the opportunities that the asset management industry will experience over the next decade and beyond.
About John Hancock Investment Management
As a Manulife Investment Management company, we serve investors through a unique multi-manager approach, complementing our extensive in-house capabilities with an unrivaled network of specialist asset managers, backed by some of the most rigorous investment oversight in the industry. industry. The result is a diverse range of proven investments from a leading asset manager with a heritage of financial stewardship.
About Manulife Investment Management
Manulife Investment Management is the global brand for the global wealth and asset management business of Manulife Financial Corporation. We draw on more than a century of financial stewardship and all the resources of our parent company to serve individuals, institutions and pension plan members around the world. Based at Toronto, our industry-leading public and private market capabilities are bolstered by an investment footprint that spans 19 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers around the world. We are committed to investing responsibly in our business. We develop innovative global frameworks for sustainable investing, collaborate with companies in our securities portfolios and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace pension plans. Today, plan sponsors around the world rely on our expertise in pension plan administration and investment to help their employees plan, save and live a better retirement. Not all offers are available in all jurisdictions. For more information, please visit manulifeim.com.
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SOURCE John Hancock Investment Management