Builds and sustains strategic approach to John Hancock Group
of Funds Board looking toward the future of fund management
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stated
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BOSTON, Sept. 20,
2022 /PRNewswire/ - John Hancock Investment
Management, a company of Manulife Investment Management, announced
today the appointment of four new trustees to the Board of Trustees
of the John Hancock Group of Funds, including three new independent
trustees. The new trustees have extensive combined experience in
financial services, regulatory and compliance management,
technology, and evolving investor markets, while collectively
bringing a strategic focus on the future of fund management. The
new trustees are:
Noni L. Ellison — Ms.
Ellison currently serves as senior vice president, general counsel,
and corporate secretary at Tractor Supply Company and has more than
25 years of executive leadership, legal and compliance experience.
In addition to managing Tractor Supply's legal department, she also
oversees the company's risk management, government relations,
licensing, and quality assurance/customs compliance, as well as the
company's environmental, social and governance efforts. Ms. Ellison
received her bachelor of arts degree from Howard University, magna cum laude. She earned her
law degree and M.B.A. from the University of
Chicago.
Dean Garfield — Mr.
Garfield is currently vice president of public policy and a member
of the executive leadership team at Netflix, where he oversees
global public policy and regulatory affairs. Prior to joining
Netflix in 2019, he served in multiple executive roles at
information technology and entertainment companies providing
significant global operational, governance, regulatory, and
leadership experience. He was appointed by President Obama and then
re-appointed by President Trump to the President's Trade Advisory
Council and was recently appointed to the Department of
Transportation Advisory Committee on Automation. Mr. Garfield
received a joint Juris Doctor and master's degree from New York University School of Law and the Woodrow
Wilson School of Public Administration and International Affairs at
Princeton University. He earned his
undergraduate degree in English language and literature at
Middlebury College.
Patricia Lizarraga —
Ms. Lizarraga is currently the managing partner of Hypatia Capital
Group, an asset management firm that focuses on sponsoring women
CEOs and investors. She has more than 25 years of global and
merchant banking experience and has founded several successful
companies. Ms. Lizarraga has expertise in financial services and
investment matters, as well as operational and risk oversight. Ms.
Lizarraga also has strong corporate governance and regulatory
experience in the investment management industry. She earned a
bachelor of arts degree, cum laude, from Yale
University and her M.B.A. from Harvard
Business School.
Paul Lorentz — Mr. Lorentz
is a member of Manulife's executive leadership team and is
president and CEO at Manulife Investment Management. He has direct
oversight over the global wealth and asset management business,
including retirement, retail, and asset management solutions for
investors worldwide. Prior to his current role, Mr. Lorentz served
as general manager of individual wealth management and insurance
for Manulife's Canadian division and has held a variety of roles of
increasing responsibility throughout 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're very excited to onboard these new trustees at this
pivotal time for the asset management industry," said Dr.
Hassell McClellan, chairperson of
the board of trustees of the John Hancock Group of Funds. "The John
Hancock Funds Board is a highly strategic asset for the funds and
shareholders and the new trustees will enhance and strengthen the
board. The new trustees are exceptional individuals, accomplished
professionals, and experts in their respective fields, with diverse
backgrounds and personal experiences that will provide the board
with additional leadership resources, expertise, and
viewpoints."
"A strong board is and will remain a key to the success of fund
shareholders," said Andrew G.
Arnott, CEO, John Hancock Investment Management and head of
U.S. and Europe, Manulife
Investment Management and president, John Hancock Funds Board.
"We're pleased to share the approach taken to recruit such an
exemplary group of new trustees. Their expertise and deep
backgrounds in such important subject areas will bring continued
success to our shareholders."
"Evolution in the investment landscape requires fund boards to
be even more strategic with their board composition and structure,"
added Dr. McClellan. "We are committed to ensuring that the John
Hancock Group of Funds Board is composed of individuals with
complementary skills to assist investors with their investment and
savings goals. Our objective is to prepare and 'future proof' 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 comprises 12 independent trustees and three interested trustees
with a broad skillset and knowledge. In selecting the new
additions, the John Hancock Group of Funds Board reviewed a broad
and extensive pool of candidates to select the additive 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 see over the
next decade and beyond.
About John Hancock Investment
Management
A company of Manulife Investment Management, we serve investors
through a unique multimanager approach, complementing our extensive
in-house capabilities with an unrivaled network of specialized
asset managers, backed by some of the most rigorous investment
oversight in the industry. The result is a diverse lineup of
time-tested investments from a premier 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 segment of Manulife Financial
Corporation. We draw on more than a century of financial
stewardship and the full resources of our parent company to serve
individuals, institutions, and retirement plan members worldwide.
Headquartered in Toronto, our
leading capabilities in public and private markets are strengthened
by an investment footprint that spans 19 geographies. We complement
these capabilities by providing access to a network of unaffiliated
asset managers from around the world. We're committed to investing
responsibly across our businesses. We develop innovative global
frameworks for sustainable investing, collaboratively engage 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
retirement plans. Today, plan sponsors around the world rely on our
retirement plan administration and investment expertise to help
their employees plan for, save for, and live a better retirement.
Not all offerings are available in all jurisdictions. For
additional information, please visit manulifeim.com.
Fund characteristics will vary over time.
No investment strategy or risk management technique can
guarantee returns or eliminate risk in any market environment.
This material does not constitute tax, legal, or accounting
advice, is for informational purposes only and is not meant as
investment advice. Please consult your tax or financial
professional before making any investment decisions.
John Hancock Investment Management Distributors LLC
▪ Member FINRA, SIPC
200 Berkeley Street ▪ Boston, MA ▪
800-225-6020 ▪ jhinvestments.com
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