Sun Life Financial Distributors has announced that president Kevin Hart will leave the company on March 31, 2008. Mr Hart's position will be filled by Michael Shunney, who is currently senior vice president and general manager of the employee benefits group at Sun Life Financial US.
Concurrent with this change, Sun Life will form a new distribution organization – Sun Life Financial (SLF) US Distribution Group – comprised of the company’s employee benefits group (EBG) distribution organization and SLFD, the wholesaling organization for Sun Life Financial’s US annuity business. The SLF US Distribution Group will allow the company to share best distribution practices and processes across the two organizations to capitalize on their momentum.
Janet Whitehouse, currently senior vice president of human resources and public relations for SLF US, will become senior vice president and general manager for SLF employee benefits group. In this role, he will have profit and loss responsibility for SLF EBG’s life, disability, stop-loss, dental, and worksite businesses.
Bob Salipante, president of Sun Life Financial US, said: Kevin Hart is an exceptional leader, and we have benefited greatly from his insight, vision, and enthusiasm. His contributions are of lasting significance to Sun Life. Sun Life has built a strong distribution infrastructure and developed relationships with some of the biggest and best distribution companies in the nation.