Manulife Financial’s (MFC) board announced that president and CEO Roy Gori has informed them of his intention to retire, effective May 8, 2025, with Phil Witherington appointed as his successor and joining the board of directors at that time. To support this transition, following Gori’s retirement he has agreed to serve as an advisor through August 31, 2025. Witherington has been a member of the company’s executive leadership team since 2017, serving as CFO for five years until his appointment to his current role as president and CEO, Manulife Asia.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MFC:
- Manulife Financial price target raised to C$49 from C$39 at RBC Capital
- Manulife Financial price target raised to C$46 from C$42 at CIBC
- Manulife Financial price target raised to C$50 from C$47 at BMO Capital
- Manulife Financial price target raised to C$49 from C$48 at Scotiabank
- Manulife Financial Reports Strong Third-Quarter Earnings