Financial services company Sun Life Financial Inc. (NYSE: SLF) said Friday that Dean Connor will become its chief operating officer at the start of the new year, according to Associated Press.
Connor, who currently serves as president of Sun Life Financial Canada, will continue to oversee that group as well as Sun Life Financial Reinsurance when he takes on his new role.
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Kevin Dougherty will succeed Connor as president of Sun Life Financial Canada and will be assume operating responsibility for the group and Sun Life Financial Reinsurance. He will remain president of Sun Life Global Investments.
Connor will report to CEO Donald Stewart.
Sun Life also appointed two other executives: John Boscia, the President of Sun Life Financial, assumes responsibility for SLF Asia and UK, and Westley Thompson, President of Sun Life Financial U.S., assumes responsibility for all operations in the U.S.
Shares of Sun Life Financial rose 15 cents to $27.09 in midday trading.
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