Bill Anderson to succeed Jim
Sutcliffe following Annual Meeting
TORONTO, Feb. 15, 2017 /CNW/ - Sun Life Financial Inc. (TSX:
SLF) (NYSE: SLF) announced today that James H. Sutcliffe will retire as Chairman and from the
Board of Directors following the Company's Annual Meeting on May 10, 2017. He will be succeeded as
Chairman by William D. Anderson who has been a Director since 2010 and currently chairs the
Company's Audit and Conduct Review Committee.
Mr. Sutcliffe joined the Board in 2009 following a distinguished career in international financial services and became
Chairman in December 2011. "It has been an honour to work with Dean
Connor, his leadership team, and the talented employees at Sun Life over the past eight years. During my tenure I've
watched Sun Life create tremendous momentum for the future across its four pillar strategy, and the Company is well positioned to
deliver value for Clients and shareholders in the years ahead," said Mr. Sutcliffe. "I've enjoyed working alongside my Board
colleagues and I'm pleased to be passing the baton to Bill. He is highly respected by the Board as a natural team builder who
will provide strong leadership, oversight and continuity."
Mr. Anderson is a Corporate Director and has an extensive background in business and finance. He was an executive in the BCE
organization, including President of its BCE Ventures strategic investment unit and Chief Financial Officer of BCE Inc. and
Bell Canada. He was previously a partner at accounting firm KPMG. Mr. Anderson is a Fellow of the
Institute of Chartered Professional Accountants of Ontario and a Fellow of the Institute of
Corporate Directors.
"It is a privilege to be selected by the Board as incoming Chairman and I look forward to helping contribute to the impressive
legacy Sun Life has built over more than 150 years," said Mr. Anderson. "On behalf of the Board, I would like to extend our
advance thanks to Jim for his many contributions to Sun Life's strategic direction and growth. He has played an instrumental role
in guiding the Board and the management team during a period of significant progress in the Company."
About Sun Life Financial
Sun Life Financial is a leading international financial services organization providing a diverse range of insurance, wealth and
asset management solutions to individuals and corporate Clients. Sun Life Financial has operations in a number of markets
worldwide, including Canada, the United States, the United
Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia,
India, China, Australia,
Singapore, Vietnam, Malaysia
and Bermuda. As of December 31, 2016, Sun Life Financial had total assets under management
of $903 billion. For more information please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New
York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.
Note to Editors: All figures in Canadian dollars.
Media Relations Contact:
Gannon Loftus
Manager, Media & PR
Corporate Communications
T. 416-979-6345
gannon.loftus@sunlife.com
Investor Relations Contact:
Greg Dilworth
Vice-President
Investor Relations
T. 416-979-6230
investor.relations@sunlife.com
SOURCE Sun Life Financial Inc.
To view this news release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/February2017/15/c6842.html