John Hancock Retirement Plan Services Announces Regional VP Moves

BOSTON, June 1 /PRNewswire-FirstCall/ -- John Hancock Retirement Plan Services (RPS) announced today that two regional vice presidents (RVPs) will take on new territories. Effective immediately, Howard Joelson will become the RVP for San Diego and Hawaii regions and Bridgette Rutter will become the RVP for Orange County. Joelson was previously responsible for sales and service in Orange County, while Rutter was responsible for RPS's Bank Channel.

Joelson brings more than two decades' worth of financial services experience to his new territories. A 23-year veteran of John Hancock, he assumes the former post of Cheney Hunt, who was recently named Regional Sales Manager for John Hancock Retirement Plan Services' Midwest Region. Joelson will be based in the company's San Diego sales office.

"Howard has earned a reputation as one of our most knowledgeable and well-respected sales professionals," said Tom Bruns, Divisional Vice President, Western Division, John Hancock Retirement Plan Services. "The specialized expertise and leadership experience he brings will serve as key assets to our clients in San Diego and Hawaii. We congratulate him on this opportunity."

Rutter, who has an extensive background in sales, most recently served as RVP of Retirement Plan Services Bank Channel. In her new position, she will be based in the company's Irvine sales and service office. She holds a Bachelor of Science in Industrial Engineering from Purdue University.

"Bridgette first joined John Hancock as a sales associate in the Bank Channel and quickly established herself as one of our company's up and coming stars. As Bank Channel RVP, she was able to grow new revenue by an impressive 30 percent," said Bruns. "We congratulate her on this move and have every confidence that her drive and enthusiasm will be well received by our clients in the Orange County region."

About John Hancock Retirement Plan Services

John Hancock Retirement Plan Services is the largest provider of 401(k) plans across all plan sizes among banks, mutual funds and insurers, according to CFO Magazine. (CFO Magazine 2009 401(k) Providers Survey, for year-end 2008. Published in May 2009).

About John Hancock Financial and Manulife Financial

Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 22 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners.  Funds under management by Manulife Financial and its subsidiaries were Cdn$446 billion (US$440 billion) as at March 31, 2010. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, fixed and variable annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at www.johnhancock.com.

Both John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York do business under certain instances using the John Hancock Retirement Plan Services name. Group annuity contracts and recordkeeping agreements are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02210 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595.  Product features and availability may differ by state.

NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT INSURED BY ANY GOVERNMENT AGENCY

© 2010 John Hancock. All rights reserved.

SOURCE John Hancock Retirement Plan Services

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