Robert Lamoureux, Chair of Foresters Financial Board of Directors, announced recently the appointment of James Boyle as Foresters new President and Chief Executive Officer, effective January 8, 2018.
Boyle has more than 30 years of financial services experience. He spent almost 20 years with Manulife Financial and John Hancock in a variety of operating roles, culminating in his being named President and CEO of John Hancock in 2008. He retired from John Hancock in 2012 and has subsequently been involved in private and venture capital investing and, most recently, was CEO of an early-stage healthcare technology startup, Zillion Group Inc. Boyle is a CPA and began his career at Coopers & Lybrand.
Boyle joined Foresters Board of Directors in June 2017 and will now lead the organization and evolve and implement its Purpose-driven strategy and set it on a path of sustainable, profitable growth.
“Jim Boyle is an exceptional financial services leader, who was selected by the Board following a rigorous internal and external search. Jim has proven himself to be an exemplary leader, clear communicator, and a very successful developer of talent,” said Lamoureux. “Foresters Board of Directors is confident that he is well suited for this important role.”
“The Board extends its appreciation to Board members, Sonia Baxendale and Mike Stramaglia, for stepping into the Co-Interim CEO role in July. Mike and Sonia will support Jim in the early phases of his transition and return to their Board Committee Chair roles on February 1, 2018.”
For more information about Foresters Financial, visit www.foresters.com.