Sun Life appoints Laurie Hylton to Board of Directors
Sun Life Financial Inc. (TSX: SLF) has appointed Laurie Hylton to its Board of Directors effective December 31, 2022. Hylton, a senior finance executive with over 25 years in the asset management industry, previously served as CFO for Eaton Vance Corp. Her experience includes strategic roles during Morgan Stanley's acquisition of Eaton Vance. The addition of Hylton increases the board's female representation to 55%, aligning with Sun Life's diversity commitments. The company aims for 25% of senior leaders to come from under-represented communities by 2025 and to achieve gender parity in senior management globally.
- Laurie Hylton's extensive experience in asset management may enhance strategic decision-making.
- Increased female representation on the board to 55% aligns with diversity goals.
- Potential concerns regarding continuity due to Hylton's change in the corporate environment.
TORONTO, Dec. 5, 2022 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) is pleased to announce the appointment of Laurie Hylton to the Sun Life Board of Directors, effective December 31, 2022.
Ms. Hylton is a senior finance executive with more than 25 years of experience in the asset management industry. Prior to retiring, Ms. Hylton was the Chief Financial Officer for Eaton Vance Corp., a global asset manager, where she was a member of the Executive Management Committee responsible for the strategic direction of the company.
Throughout her career at Eaton Vance Corp., Ms. Hylton held various roles including Chief Accounting Officer and Internal Auditor. She played a key role in Morgan Stanley's acquisition of Eaton Vance Corp. in 2021, providing strategic analysis and participating in merger agreement negotiations. Prior to joining Eaton Vance Corp., Ms. Hylton worked for Deloitte.
Ms. Hylton holds a Bachelor's Degree in English from Dartmouth College and has a Master of Business Administration degree from the University of New Hampshire's Peter T. Paul College of Business and Economics. Ms. Hylton resides in Massachusetts and currently holds two not-for-profit Board positions with the Newburyport Art Association and Theater in the Open.
Sun Life is a Catalyst Accord 2022 Signatory, a pledge made by Canadian boards and CEOs to accelerate the advancement of women in business with a focus on senior management and board of director roles. Sun Life is also a member of the
Diversity, equity and inclusion are key priorities for Sun Life's Chair and Board of Directors. In 2020, the company intensified its goal to have
About Sun Life
Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life 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 September 30, 2022, Sun Life had total assets under management of
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
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Rajani Kamath | Yaniv Bitton |
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Corporate Communications | Relations & Capital Markets |
T. 416-979-6070 | T. 416-979-6496 |
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SOURCE Sun Life Financial Inc.
FAQ
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