Arnott Succeeds Hartstein as CEO of John Hancock Funds


John Hancock Funds announced Keith F. Hartstein’s retirement and Andrew G. Arnott as his replacement as president and chief executive.


Arnott most recently was executive vice president of John Hancock Investment Management Services, which oversees all third-party and internal asset manager relationships across the John Hancock and Manulife investment platforms in the U.S. and Asia. Arnott worked closely with Hartstein on John Hancock’s mutual funds. The firm has a total of $170 billion under management in mutual funds, as well as annuities, college savings, retirement plans and insurance.

Arnott was also chief operating officer of John Hancock Funds, and has served in key executive positions in product management, development and marketing.

Succeeding Arnott as head of John Hancock Investment Management Services is Leo Zerilli, vice president. Zerilli joined John Hancock in 1997 and has worked in investment management for the past 12 years, building the group’s product development, fund implementation process, board reporting and marketing functions.

Arnott holds a Master’s degree in finance from Northeastern University and a Bachelor’s degree in business from Boston University. He serves on the Global Steering and Close-End Fund Committees of the Investment Company Institute (ICI), as well as the Mount Mansfield Educational Foundation Scholarship Committee.

Zerilli earned an MBA, Magna cum laude, from Boston University and a Bachelor’s degree from Colgate University. He is a Certified Investment Management Analyst and a member of the Investment Management Consultants Association.

Hartstein announced his plans to retire from John Hancock in May. He has served as president of John Hancock Funds for the past seven years, has been actively involved with the ICI and the Mutual Fund Education Alliance, and has earned numerous awards throughout his career. He will step down in September.