Board of Trustees

This page provides information about the Board of Trustees of the funds offered by John Hancock Investment Management. Members of the board provide oversight of the funds and serve the interests of fund shareholders. Officers elected by the trustees manage the day-to-day operations of the funds and execute policies formulated by the trustees. The board’s oversight extends to:



Fund performance

The board periodically reviews each fund’s investment performance and the quality of other services provided to the funds.

Fund expenses

The board reviews the fees paid to John Hancock Investment Management and our affiliates as well as the overall operating expenses of each fund.

Trustee administration

The board selects an independent administrative staff, auditors, and legal counsel. These groups act independently of John Hancock Investment Management and our affiliates.



Independent trustees

Hassell H. McClellan

Hassell H. McClellan

Trustee, Chairperson of the Board

Hassell H. McClellan

Trustee, Chairperson of the Board

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Principal occupation(s) and other directorships during the past five years

Director, the Barnes Group (since 2010); trustee, Virtus Funds (2008-2020); associate professor, The Wallace E. Carroll School of Management, Boston College (retired 2013). Trustee (since 2005) and chairperson of the Board of Trustees (since 2017) of various trusts within the John Hancock fund complex.

Biography 

Mr. McClellan has extensive experience in strategic management and financial matters as a former dean and professor of finance and policy in the graduate management department of a major university, a commercial banker, current lead independent director of a public company, and former director of several privately held companies. He also has experience as a director of other investment companies not affiliated with the trusts.

Steven R. Pruchansky

Steven R. Pruchansky

Trustee, Vice Chairperson of the Board

Steven R. Pruchansky

Trustee, Vice Chairperson of the Board

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Principal occupation(s) and other directorships during the past five years

Managing director, Pru Realty (since 2017); managing director, Jon James, LLC (real estate) (since 2000); chairperson and chief executive officer, Greenscapes of Southwest Florida, Inc. (2014-2020); director and president, Greenscapes of Southwest Florida, Inc. (2000-2014); member, Board of Advisors, First American Bank (until 2010); partner, Right Funding, LLC (2014-2017); director, First Signature Bank & Trust Company (until 1991); director, Mast Realty Trust (until 1994). Trustee (since 1992), chairperson of the board (2011-2012), and vice chairperson of the board (since 2012) of various trusts within the John Hancock fund complex.

Biography 

Mr. Pruchansky has entrepreneurial, executive, and financial experience as a senior officer and chief executive of business in the retail, service, and distribution companies, and he is a current and former director of real estate and banking companies. He is a member of the Contracts, Legal, & Risk Committee.

Charles L. Bardelis

Charles L. Bardelis

Trustee

Charles L. Bardelis

Trustee

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Principal occupation(s) and other directorships during the past five years

Director, Island Commuter Corp. (marine transport). Trustee of various trusts within the John Hancock fund complex (since 1988).

Biography 

As a director and former chief executive of an operating company, Mr. Bardelis has experience with a variety of financial, staffing, regulatory, and operational issues. He also has experience as a director of publicly traded companies. He is a member of the Audit Committee.

James R. Boyle

James R. Boyle

Trustee

James R. Boyle

Trustee

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Principal occupation(s) and other directorships during the past five years

Chief executive officer, Foresters Financial (since 2018); chairperson and chief executive officer, Zillion Group, Inc.(formerly HealthFleet, Inc.) (healthcare) (2014-2018); executive vice president and chief executive officer, U.S. Life Insurance Division of Genworth Financial, Inc. (insurance) (January 2014-July 2014); senior executive vice president, Manulife Financial, president and chief executive officer, John Hancock (1999-2012); chairperson and director, John Hancock Investment Management LLC, John Hancock Investment Management Distributors LLC, and John Hancock Variable Trust Advisers LLC (2005-2010).  Trustee of various trusts within the John Hancock fund complex (2005-2014 and since 2015).

Biography

Mr. Boyle has extensive high-level and executive leadership and operational experience in the financial services industry, including in the development and management of registered investment companies, variable annuities, and retirement products. Mr. Boyle currently serves as president and CEO of a large insurance company and is a former president and CEO of Multi-line Life Insurance and Financial Services companies. He previously served as chairperson and director of the advisor, as well as a senior executive of the advisor's parent company, among other positions. Mr. Boyle began his career as a Certified Public Accountant. He is a member of the Contracts, Legal, & Risk Committee.

Peter S. Burgess

Peter S. Burgess

Trustee

Peter S. Burgess

Trustee

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Principal occupation(s) and other directorships during the past five years

Consultant (financial, accounting, and auditing matters) (since 1999); Certified Public Accountant; partner, Arthur Andersen (independent public accounting firm) (prior to 1999); director, Lincoln Educational Services Corporation (since 2004); director, Symetra Financial Corporation (2010-2016); director, PMA Capital Corporation (2004-2010). Trustee of various trusts within the John Hancock fund complex (since 2005).

Biography 

As a financial consultant, Certified Public Accountant, and former partner in a major international public accounting firm, Mr. Burgess has experience in the auditing of financial services companies and mutual funds. He also has experience as a director of publicly traded operating companies. He is a member of the Audit Committee.

William H. Cunningham

William H. Cunningham

Trustee

William H. Cunningham

Trustee

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Principal occupation(s) and other directorships during the past five years

Professor, University of Texas, Austin, Texas (since 1971); former chancellor, University of Texas System, and former president of the University of Texas, Austin, Texas; chairperson (since 2009) and director (since 2006), Lincoln National Corporation (insurance); director, Southwest Airlines (since 2000); former director, LIN Television (2009-2014). Trustee of various trusts within the John Hancock fund complex (since 1986).

Biography 

Mr. Cunningham has management and operational oversight experience as a former chancellor and president of a major university. He regularly teaches a graduate course in corporate governance at the law school and at the Red McCombs School of Business at The University of Texas at Austin. He also has oversight and corporate governance experience as a current and former director of a number of operating companies, including an insurance company. He is a member of the Compliance Committee.

Grace K. Fey

Grace K. Fey

Trustee

Grace K. Fey

Trustee

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Principal occupation(s) and other directorships during the past five years

Chief executive officer, Grace Fey Advisors (since 2007); director and executive vice president, Frontier Capital Management Company (1988-2007); director, Fiduciary Trust (since 2009). Trustee of various trusts within the John Hancock fund complex (since 2008).

Biography 

Ms. Fey has significant governance, financial services, and asset management industry expertise based on her extensive nonprofit board experience, as well as her experience as a consultant to nonprofit and corporate boards, and as a former director and executive of an investment management firm. She is a member of the Compliance Committee.

Deborah C. Jackson

Deborah C. Jackson

Trustee

Deborah C. Jackson

Trustee

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Principal occupation(s) and other directorships during the past five years

President, Cambridge College, Cambridge, Massachusetts (since 2011); Amwell Board of Directors (since 2020); Board of Directors, National Association of Corporate Directors/New England (2015-2020); Board of Directors, Association of Independent Colleges and Universities of Massachusetts (2014-2018); chief executive officer, American Red Cross of Massachusetts Bay (2002-2011); Board of Directors of Eastern Bank Corporation (since 2001); Board of Directors of Eastern Bank Charitable Foundation (since 2001); Board of Directors of American Student Assistance Corporation (1996-2009); Board of Directors of Boston Stock Exchange (2002-2008); Board of Directors of Harvard Pilgrim Healthcare (health benefits company) (2007-2011). Trustee of various trusts within the John Hancock fund complex (since 2008).

Biography 

Ms. Jackson has extensive leadership, governance, management, and operational oversight experience as the lead director of a large bank, president of a college, and as the former CEO of a major charitable organization. She also has expertise in financial services matters and oversight and corporate and governance experience as a current and former director of various corporate organizations, including an insurance company, regional stock exchange, a publicly traded bank, and nonprofit entities. She is a member of the Compliance Committee.

James M. Oates

James M. Oates

Trustee

James M. Oates

Trustee

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Principal occupation(s) and other directorships during the past five years

Managing director, Wydown Group (financial consulting firm) (since 1994); chairman and director, Emerson Investment Management, Inc. (2000-2015); independent chairperson, Hudson Castle Group, Inc. (formerly IBEX Capital Markets, Inc.) (financial services company) (1997-2011); director, Stifel Financial (since 1996); director, Investor Financial Services Corporation (1995-2007); director, Connecticut River Bancorp (1998-2014); director/trustee, Virtus Funds (since 1988). Trustee (since 2004) and chairperson of the board (2005-2016) of various trusts within the John Hancock fund complex.

Biography 

As a senior officer and director of investment management companies, Mr. Oates has experience in investment management. He previously served as CEO of one bank and president and COO of another bank. He also has experience as a director of publicly traded companies and investment companies not affiliated with the trust. He is a member of the Audit Committee.

Frances G. Rathke

Frances G. Rathke

Trustee

Frances G. Rathke

Trustee

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Principal occupation(s) and other directorships during the past five years

Director, Northern New England Energy Corp. (since 2017); director, Audit Committee chair and Compensation Committee member, Green Mountain Power Corp. (since 2016); director, treasurer, and Finance and Audit Committee chair, Flynn Center for Performing Arts (since 2016); director, Audit Committee chair, and Compensation Committee member, Planet Fitness (since 2016); director, Citizen Cider, Inc. (high-end hard cider and hard seltzer company) (since 2016); chief financial officer and treasurer, Keurig Green Mountain, Inc. (2003–retired 2015); independent financial consultant, Frances Rathke Consulting (strategic and financial consulting services) (2001-2003); chief financial officer and secretary, Ben & Jerry’s Homemade, Inc. (1989-2000, including prior positions); senior manager, Coopers & Lybrand, LLC (independent public accounting firm) (1982-1989). Trustee of various trusts within the John Hancock fund complex (since 2020).

Biography 

Through her former positions in senior financial roles, as a former Certified Public Accountant, and as a consultant on strategic and financial matters, Ms. Rathke has experience as a leader overseeing, conceiving, implementing, and analyzing strategic and financial growth plans and financial statements. Ms. Rathke also has experience in the auditing of financial statements and related materials. In addition, she has experience as a director of various organizations, including a publicly traded company and a nonprofit entity.

Gregory A. Russo

Gregory A. Russo

Trustee

Gregory A. Russo

Trustee

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Principal occupation(s) and other directorships during the past five years

Director and Audit Committee chairman (2012-2020), and member, Audit Committee and Finance Committee (2011-2020), NCH Healthcare System, Inc. (holding company for multi-entity healthcare system); director and member (2012-2018), and Finance Committee chairperson (2014-2018), The Moorings, Inc. (nonprofit continuing care community); vice chairman, Risk & Regulatory Matters, KPMG LLP (KPMG) (2002-2006); vice chairperson, Industrial Markets, KPMG (1998-2002); chairperson and treasurer, Westchester County, New York, Chamber of Commerce (1986-1992); director, treasurer, and chairperson of Audit and Finance Committees, Putnam Hospital Center (1989-1995); director and chairman of Fundraising Campaign, United Way of Westchester and Putnam Counties, New York (1990-1995). Trustee of various trusts within the John Hancock fund complex (since 2008).

Biography 

As a retired Certified Public Accountant, Mr. Russo served as a partner and global vice chairperson in a major independent registered public accounting firm as well as a member of its geographic boards of directors and international executive team. He has also served on a number of boards of directors for various operating entities. As a result of Mr. Russo’s diverse global responsibilities, he possesses accounting, finance, and executive operating experience. He is a member of the Contracts, Legal, & Risk Committee.


Non-independent trustees*

Andrew G. Arnott

Andrew G. Arnott

Trustee, President

Andrew G. Arnott

Trustee, President

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Principal occupation(s) and other directorships during the past five years

Head of wealth and asset management, United States and Europe, for John Hancock and Manulife (since 2018); director, president, and cheif executive officer, John Hancock Investment Management LLC (since 2005, including prior positions); director, president, and chief executive officer, John Hancock Variable Trust Advisers LLC (since 2006, including prior positions); director, president, and chief executive officer, John Hancock Investment Management Distributors LLC (since 2004, including prior positions); president of various trusts within the John Hancock fund complex (since 2007, including prior positions). Trustee of various trusts within the John Hancock fund complex (since 2017).

Biography 

Mr. Arnott is president and CEO of John Hancock Investment Management, head of wealth and asset management, United States and Europe, which is part of Toronto-based Manulife Financial Corporation. In 2014, in addition to his current role, he was appointed president of the John Hancock Group of Funds. Andrew is also a member of the Board of Directors of John Hancock Worldwide Investors. Prior to taking on his current role in 2012, Andrew served as EVP, Investment Management Services, at John Hancock. Previously, he held a variety of leadership positions at John Hancock, including executive vice president and COO. He graduated from Boston University with a B.S. in Business Administration and holds an M.S. in Finance from Northeastern University

Marianne Harrison

Marianne Harrison

Trustee

Marianne Harrison

Trustee

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Principal occupation(s) and other directorships during the past five years

President and chief executive officer, John Hancock (since 2017); president and chief executive officer, Manulife Canadian Division (2013-2017); member, Board of Directors, American Council of Life Insurers (ACLI) (since 2018); member, Board of Directors, CAE Inc. (since 2018); member, Board of Directors, John Hancock USA, John Hancock Life & Health, John Hancock New York (since 2017); member, Board of Directors, Communitech (an industry-led innovation center that fosters technology companies in Canada) (2017-2019); member, Board of Directors, Manulife Assurance Canada (2015-2017); board member, St. Mary’s General Hospital Foundation (2014-2017); member, Board of Directors, Manulife Bank of Canada (2013-2017); member, Standing Committee of the Canadian Life & Health Assurance Association (2013-2017). Trustee of various trusts within the John Hancock fund complex (since 2018).

Biography 

Ms. Harrison is president and CEO of John Hancock, the U.S. division of Toronto-based Manulife Financial Corporation; she is also a member of Manulife's executive leadership team. Before taking on her current role in 2017, Marianne served as president and CEO of Manulife Canada. Prior to assuming this role in 2013, she held several leadership positions across the company, including president and general manager for John Hancock Long-Term Care Insurance and executive vice president and controller for Manulife. Before joining Manulife, Marianne had been CFO of Wealth Management at TD Bank Group after holding various positions there; before that, she worked for PwC. Marianne currently serves as president and chair of the boards for John Hancock's insurance companies. She graduated from the University of Western Ontario with a B.A. in English and holds a diploma in accounting from Wilfrid Laurier University.

The business address for all trustees and officers is 200 Berkeley Street, Boston, Massachusetts 02116-5023. The "Statement of Additional Information" of the fund includes additional information about members of the Board of Trustees of the trust and is available, without charge, on request, by calling 800-225-5291.

Each trustee holds office until his or her successor is elected and qualified, or until the trustee’s death, retirement, resignation, or removal.

*The trustee is a nonindependent trustee due to current or former positions with the advisor and certain affiliates.