DEFINITION of 'David F. D'Alessandro'

David F. D'Alessandro is a former CEO, chairman, and president of John Hancock Financial Services. He is also the former president and COO of Canadian insurer Manulife Financial Corporation. At John Hancock, D'Alessandro distinguished himself by creating a new ad campaign and rebranding the company. He also led John Hancock through a transitional time, demutualizing the company and taking it public. The firm's initial public offering was in 1998.

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. During the company rebranding, a commercial he designed won an award at the Cannes Film Festival. He led the company through a difficult period of shifting focus during its journey to go public. He became president and COO of Manulife when it acquired John Hancock in 2004. D'Alessandro retired shortly thereafter.

RELATED TERMS
  1. Chief Operating Officer - COO

    The chief operating officer is tasked with the day-to-day administration ...
  2. E. Linn Draper Jr.

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

    John T. Dillon is a senior managing director with Evercore Inc. ...
  4. Demutualization

    Demutualization is when a mutual company owned by its members ...
  5. Morris Chang

    The founder, chairman and CEO of Taiwan Semiconductor Manufacturing ...
  6. Julian C. Day

    The CEO and chairman of technology retailer Radio Shack since ...
Related Articles
  1. Investing

    AIG CEO Peter Hancock to Step Down

    Insurance powerhouse AIG (NYSE: AIG) has announced that its CEO has served notice he will resign. Peter Hancock, who also serves as the company's president, will depart once his successor is ...
  2. Insights

    Manulife Appoints New President

    The Canadian insurance and investment firm hired its man in Asia to the top role.
  3. Insurance

    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.
  4. Investing

    Top 3 Mid Cap Mutual Funds

    Understand how investing in mid-cap mutual funds benefits overall asset allocation, and learn the best mid-cap mutual funds for the upcoming year
  5. Investing

    Vanguard's John Bogle on Starting First Index Fund

    Vanguard founder John Bogle shares how he started the investment management company over 40 years ago.
  6. Insurance

    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.
  7. Investing

    Top 4 Papa John's Shareholders (PZZA)

    Get the deep dish on how much stock "Papa" John and his company insiders hold with this list of the top Papa John's shareholders.
  8. Investing

    Is Sluggish Papa John's Now a Good Value?

    Papa John's has been left behind in 2017, while other casual eateries keep growing. What does valuation tell us?
  9. Financial Advisor

    The 6 Biggest Life Insurance Companies in Canada (GWO.TO, SLF)

    Read about the biggest life insurance companies in Canada, and learn about their business operations and the types of products they offer.
RELATED FAQS
  1. What is the difference between a president and a CEO?

    In corporate governance and structure, the roles of both CEO and president often vary across firms. Read Answer >>
  2. What is Tim Cook's career and educational background? (AAPL)

    Discover where Tim Cook studied and worked before joining Apple and what roles he played in the company before taking over ... Read Answer >>
Hot Definitions
  1. Yield Curve

    A yield curve is a line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but ...
  2. Portfolio

    A portfolio is a grouping of financial assets such as stocks, bonds and cash equivalents, also their mutual, exchange-traded ...
  3. Gross Profit

    Gross profit is the profit a company makes after deducting the costs of making and selling its products, or the costs of ...
  4. Diversification

    Diversification is the strategy of investing in a variety of securities in order to lower the risk involved with putting ...
  5. Intrinsic Value

    Intrinsic value is the perceived or calculated value of a company, including tangible and intangible factors, and may differ ...
  6. Current Assets

    Current assets is a balance sheet item that represents the value of all assets that can reasonably expected to be converted ...
Trading Center