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David F. D'Alessandro, former chairman and chief executive of John Hancock Financial Services, Inc., will join SeaWorld Parks & Entertainment as the company's chairman of the board. SeaWorld Parks & Entertainment owns and operates 10 U.S. theme parks, including SeaWorld, Discovery Cove and Busch Gardens.
D'Alessandro, 59, retired from Hancock in 2006. He led the financial services and insurance firm through a period of transformation from private mutual company to major publicly held corporation. D'Alessandro guided Hancock through a 2005 merger with Manulife Financial that created North America's second largest insurance conglomerate and the fourth largest in the world. The company achieved operating earnings growth under D'Alessandro's leadership that averaged 14 percent per year and average annual sales growth in excess of 15 percent.
Read the entire press release on MarketWatch.