| Business Summary | | John
Hancock
Financial
Services,
Inc.
is
a
financial
services
company,
providing
a
broad
array
of
insurance
and
investment
products
and
services
to
retail
and
institutional
customers,
primarily
in
North
America.
The
Company
operates
its
business
in
five
segments.
Two
segments
primarily
serve
retail
customers,
and
two
segments
serve
institutional
customers.
The
Company's
fifth
segment
is
the
Corporate
and
Other
Segment.
The
Company's
retail
segments
are
the
Protection
Segment
and
the
Asset
Gathering
Segment.
The
Protection
Segment
offers
variable
life,
universal
life,
whole
life,
term
life
and
individual
and
group
long-term
care
insurance
products.
The
Asset
Gathering
Segment
offers
variable
and
fixed,
deferred
and
immediate
annuities
and
mutual
funds.
The
Company's
retail
business
also
includes
its
retail
distribution
and
customer
service
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | John
Hancock
Financial
Services
provides
both
retail
and
institutional
customers
with
an
array
of
insurance
and
investment
products
and
services,
including
life
insurance,
annuities
and
mutual
funds.
For
the
six
months
ended
6/30/01,
total
revenues
fell
2%
to
$3.77
billion.
Net
income
before
accounting
change
fell
19%
to
$341.5
million.
Results
reflect
increased
net
investment
losses,
lower
investment
management
revenues
and
increased
amortization. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David D'Alessandro, 50 Chairman,
Pres, CEO | $3.9M | Thomas Moloney, 57 CFO | 1.5M | John DeCiccio, 52 Exec.
VP, CIO | -- | Robert Walters, 52 Exec.
VP, CIO | -- | Wayne Budd, 59 Exec.
VP, Gen. Counsel, Director | 2.1M | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|