David F. D'Alessandro

DEFINITION of 'David F. D'Alessandro'

A former CEO, chairman and president of John Hancock Financial Services and former president and COO of Canadian insurer Manulife Financial Corporation. At John Hancock, D'Alessandro proved himself by creating a new ad campaign to gain clients and better connecting with existing ones. He led John Hancock's initial public offering in 1998 and its merger with Manulife in 2004.

BREAKING DOWN 'David F. D'Alessandro'

D'Alessandro was born in 1951 in New York State and earned his bachelor of science degree from Utica College in 1972. He then began working for public relations firm Daniel J. Edelman as an account supervisor. He joined Citibank Commercial Services in 1979 and began working for John Hancock in 1984, becoming its CEO and president in 1996 and its chairman in 2001. He became president and COO of Manulife when it acquired John Hancock in 2004 and retired shortly thereafter.


RELATED TERMS
  1. Chief Operating Officer - COO

    The senior manager who is responsible for managing the company's ...
  2. Jamie Dimon

    The chairman, CEO and former president of JPMorgan Chase & Co. ...
  3. E. Linn Draper Jr.

    A former chairman, CEO and president of Ohio-based public utility ...
  4. John T. Dillon

    A former president, chairman and CEO of International Paper Co., ...
  5. William E. Mitchell

    A chairman and CEO of Arrow Electronics. William E. Mitchell ...
  6. J. Harold Chandler

    The current COO of Univers Workplace Benefits and a former president, ...
Related Articles
  1. ETFs & Mutual Funds

    John Hancock Investments: Investment Manager Highlight

    Learn about John Hancock Investments, its leaders and its unique manager-of-managers approach to the asset management business.
  2. Financial Advisor

    Manulife Asset Management: Investment Manager Highlight (MFC)

    Read about Manulife Financial Corporation's global investment management unit, an operation with more than $300 billion in total assets under management (AUM).
  3. ETFs & Mutual Funds

    These are John Hancock’s Top Funds for Retirement

    John Hancock's fund lineup is vast, so here's a quick primer on what could be its best funds for your retirement portfolio.
  4. ETFs & Mutual Funds

    What's Hancock Horizon's Highest-Performing Mutual Fund? (HHBUX)

    Discover the Hancock Horizons Burkenroad Small Cap Fund, a unique fund that invests in companies located in the Gulf Coast region that analysts under-cover.
  5. Financial Advisor

    What Does a Chief Operating Officer (COO) Do?

    The Chief Operating Officer (COO) is usually considered the second-in-command at most corporations.
  6. Investing

    Life Insurance Stocks: Values or Value Traps?

    I'm always inspired by the story of legendary investor Shelby Cullom Davis who borrowed some money from his father-in-law to buy deeply, deeply undervalued stocks of insurance companies, eventually ...
  7. Markets

    The 5 Biggest Canadian Insurance Companies

    Learn more about the insurance industry as a whole, how it functions in Canada, and the five largest Canada-based insurance companies.
  8. Personal Finance

    Biggest Life Insurance Companies in the US (PRU, MET)

    Read about the top life insurance companies in the United States as measured by written premiums and learn a little more about their business operations.
  9. Managing Wealth

    What's Behind So Many Mutual Fund Share Classes?

    Despite the confusion they create, the number of share classes offered by mutual fund families will most likely continue to grow. Here's why.
  10. ETFs & Mutual Funds

    3 Mutual Funds to Avoid During U.S. Rate Hikes (FRBAX, FSRBX)

    Learn why banks may not receive the traditional benefits from rising interest rates, and discover three financial mutual funds to avoid.
RELATED FAQS
  1. What are the most popular mutual funds that invest primarily in the insurance sector?

    Understand why investors may be interested in investment opportunities in the insurance sector, and learn which mutual funds ... Read Answer >>
  2. Why is it less than ideal for a CEO of a company to also hold the position of COO?

    Learn the difference between a company's CEO and COO, and understand the division of labor that should be present between ... Read Answer >>
  3. Why is trading volume usually higher when the price of a security is changing?

    Understand the basic day-to-day responsibilities of a COO. Learn why specific types of COOs are brought on to fill specific ... Read Answer >>
  4. What are common mutual funds an investor should consider for investing in banks?

    Discover some of the mutual funds that are most popular with analysts and investor for investing in the banking industry ... Read Answer >>
  5. What is the difference between a president and a chief executive officer? Can there ...

    In general, the chief executive officer (CEO) is thought of as the highest ranking officer in a company while the president ... Read Answer >>
  6. Are Insurance checks paid to an estate via unclaimed funds taxable?

    My Aunt died in 1998. She was unaware of a life insurance policy that her late husband purchased. Her estate was resolved ... Read Answer >>
Hot Definitions
  1. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  2. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  3. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  4. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  5. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  6. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
Trading Center