senior-leadership | Foresters Financial

James R. (Jim) Boyle

President and Chief Executive Officer

Jim Boyle was appointed President and CEO of Foresters Financial™ in January 2018. Jim has more than 30 years of financial services experience. He spent almost 20 years with Manulife Financial and John Hancock in a variety of operating roles, culminating in his being named President and CEO of John Hancock in 2008.

Andrew Adie

Global Chief Risk Officer

Andrew Adie is Global Chief Risk Officer for Foresters™. He has been responsible for enterprise-wide risk programs since February 2016. Andrew works closely with the executive leadership team to ensure all key initiatives employ risk-based decision making...

Euan Allison

Chief Executive Officer, United Kingdom

Euan Allison has been leading the U.K. business for Foresters Financial™ since February 2008. In this role, Euan leads a team of 145 Field Staff and 165 Head Office staff, serving over 1.3 million Foresters members in the U.K...

Patricia Colavita

Vice President and Chief Internal Auditor

Pat Colavita joined Foresters Financial in 2007, as AVP Risk Management and was appointed as Vice President and Chief Internal Auditor in 2012. In this position she is responsible for auditing Foresters operations in the US, Canada and the UK...

Mehul Kapadia

Chief Information Officer, Vice-President of IT and Business Transformation

Mehul Kapadia joined Foresters Financial™ in 2015 and was appointed Chief Information Officer in August 2016. In this role, he leads the Information Technology (IT) organization that supports Foresters’ North American Life Insurance and Annuity business and corporate functions, while also advising Foresters’ executive leadership team on technology matters...

David Longfritz

Global Chief Marketing Officer

David Longfritz was appointed Global Chief Marketing Officer at Foresters Financial™ in May, 2018. In this role, he provides leadership and oversight for all marketing, communications and public relations...

Blake Moore

President, North American Asset Management

Blake Moore was appointed President of North American Asset Management at Foresters Financial™ in January of 2018. In this role, he provides leadership and oversight of all asset management and related businesses, including Foresters Financial Services, Inc., a registered broker-dealer; Foresters Investment Management Company, Inc., a registered investment advisor for First Investors Family of Mutual Funds; and Foresters Asset Management, Inc., a Toronto-based asset management company...

Suanne Nielsen

Global Chief Administration Officer

With more than twenty years’ experience at Foresters Financial™, Suanne Nielsen serves as Global Chief Administration Officer, overseeing Human Resources, Employee Communications and Membership across Foresters...

Knut Olson

President, North American Life Insurance and Annuity

Knut Olson joined Foresters™ in January 2017 as President, North American Life Insurance and Annuity. In this role, he oversees Foresters U.S. and Canadian Distribution for life insurance, annuities and investment products, Insurance Operations, Product Development and Management and Foresters Equity Services...

Paul Reaburn

Chief Financial Officer

Paul Reaburn is Chief Financial Officer for Foresters™ where he has accountability for financial and actuarial functions and mergers and acquisitions across the enterprise...

Clark Wagner

President, Foresters Investment Management Company and Chief Investment Officer, Foresters Financial

Clark Wagner was appointed President, Foresters Investment Management Company and Chief Investment Officer, Foresters™ in 2016. He leads the U.S. investment, research and strategy, and fund accounting teams and oversees management of more than $15 billion in assets...

René Zanin

Global Chief Legal Officer, Chief Compliance Officer and Corporate Secretary

René oversees legal, compliance, special investigations and consumer complaint services enterprise-wide including all aspects of insurance law, litigation management, mergers and acquisitions, and general corporate commercial and employment law...

At Foresters, strong corporate governance helps us protect our members and the funds they invest with our organization. Our Board of Directors - elected every four years – is responsible for the business and fraternal affairs of Foresters. The Board oversees the strategic direction and management of our organization, and ensures that processes are in place to ensure the integrity and transparency of our financial reporting and that we conduct our affairs in compliance with laws and regulations. Our current Board of Directors was elected in 2017.

Robert E. (Bob) Lamoureux

Chair of the Board, Chair - Human Capital and Governance Committee, Fraternal Committee

During his 35-year career with PricewaterhouseCoopers, Bob served as auditor for a wide range of private and public companies and developed a keen interest in corporate governance. He has served as Chairman of the Board of Royal Group Technologies...

Christopher J. (Chris) Stranahan

International Fraternal President, Chair - Fraternal Committee, Human Capital and Governance Committee

Christopher spent 37 years in a variety of roles at Nestle USA, before becoming the owner of Wild Birds Unlimited. His association with Foresters began in 1985 and he has held various Branch and Regional Council positions...

Katherine A. (Kathy) Bardswick

Audit and Compliance Committee, Fraternal Committee, Risk and Investment Committee

Following a career that spanned nearly four decades with The Co-operators Group Ltd., Kathy stepped down from her role as President and Chief Executive Officer in 2016. She began her career at Co-operators as an underwriting supervisor, rising through the ranks of management to executive leadership roles...

Sonia A. Baxendale

Chair - Human Capital and Governance Committee, Audit and Compliance Committee

Sonia Baxendale was most recently the President of CIBC Retail Markets. She led the Retail and Wealth Management businesses from 2005 to 2011...

James M. (Jim) Bowden

Risk and Investment Committee, Fraternal Committee

Jim Bowden started his 40-year working career in 1967 after receiving a Bachelor of Arts in Accounting with a Minor in Business Administration. After 15 years with the Internal Revenue Service as an agent excise tax specialist...

James R. (Jim) Boyle

President and Chief Executive Officer

Michael C. (Mike) Edge

Audit and Compliance Committee, Fraternal Committee

Mike is a self-employed vehicle distribution sub-contractor, specializing in inspecting, collecting and delivering vehicles through Vale Vehicle Movements of Bromsgrove UK, a fleet and vehicle movement and management service...

Daniel J. (Dan) Fortin

Risk and Investment Committee, Fraternal Committee

Dan is the former president of IBM Canada with more than 35 years of experience in the technology industry, and 15 years of leadership globally. As president, until his retirement in 2014, he guided IBM in helping Canadian organizations transform their businesses...

Richard P. Hennick

Human Capital and Governance Committee, Fraternal Committee

Richard is a licensed and certified Service Technician Manager with American Opti-Net Inc., a telecommunication infrastructure organization. He has been employed with American Opti-Net for 29 years...

Frank N.C. Lochan

Risk and Investment Committee, Audit and Compliance Committee

Frank has over 25 years' experience in the life and property and casualty industries at the investor level. He had a 30-year career with Brookfield Asset Management Inc. (formerly Brascan Limited), holding a variety of executive positions in corporate planning...

Mike Lombardi

Risk and investment Committee, Audit and Compliance Committee

With over 40 years’ experience in the insurance industry, Mike is currently president of Mike Lombardi Business Consulting (MLBC), providing advice to insurance companies on business strategies, merger and acquisitions opportunities and corporate financial challenges...

Martha E. Marcon

Chair - Audit and Compliance Committee, Human Capital and Governance Committee

Martha was a partner in the Los Angeles office of KPMG until her retirement in 2006 after 31 years of service. She spent over eight years with the firm's top technical resource partner on accounting and financial reporting...

Michael P. Stramaglia

Chair - Risk and Investment, Audit and Compliance Committee

Michael is a professional corporate director and President/Owner of Matrisc Advisory Group Inc., a risk management consulting company. He currently serves on the boards of the Equitable Bank, Economical Insurance Group and Munich Re Canada...

Wendy A. Watson

Audit and Compliance Committee, Human Capital and Governance Committee

Wendy has over 40 years of experience in the financial services industry, retiring in 2009 from State Street as Executive Vice President, Global Services where she led the company’s initiative to advance all aspects of cost leadership worldwide...

Robert W. (Rob) Wight

Audit and Compliance Committee, Fraternal Committee

Rob was employed as a Maintenance Mechanic with O-I Canada for 38 years before retiring in 2006. His extensive volunteer experience with Foresters includes positions in both the Branch and Regional President.

Board committees

Four standing Committees support our Board of Directors in its stewardship of Foresters Financial. From time to time, ad hoc or temporary committees are formed such as the Nominating Committee and the Constitution Committee, which are constituted in advance of each International Assembly, or are a committee to manage a special project, or acquisition. The Board can form other committees on a standing or ad hoc basis as necessary in order to fulfill its stewardship responsibilities.

The primary accountabilities for each of the Board committees are described below:

Audit and Compliance Committee
Martha E. Marcon, Chair
Katherine A. (Kathy) Bardswick
Sonia A. Baxendale
Michael C. Edge
Frank N.C. Lochan
Mike Lombardi
Michael P. Stramaglia
Wendy A. Watson
Robert W. (Rob) Wight

Human Capital and Governance Committee
Sonia A. Baxendale, Chair
Richard P. Hennick
Robert (Bob) E. Lamoureux, Chair
Martha E. Marcon
Christopher J. (Chris) Stranahan
Wendy A. Watson

Fraternal Committee
Christopher J. (Chris) Stranahan, Chair
Katherine A. (Kathy) Bardswick
James M. (Jim) Bowden
Michael C. (Mike) Edge
Daniel J. (Dan) Fortin
Richard P. Hennick
Robert (Bob) E. Lamoureux
Robert W. (Rob) Wight

Risk and Investment Committee
Michael P. Stramaglia, Chair
Katherine A. (Kathy) Bardswick
James M. (Jim) Bowden
Daniel J. (Dan) Fortin
Frank N.C. Lochan
Mike Lombardi

Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society) and its subsidiaries.

412580 CAN/US/UK (05/18)

Senior leadership

James R. (Jim) Boyle

President and Chief Executive Officer

Andrew Adie

Global Chief Risk Officer

Euan Allison

Chief Executive Officer, United Kingdom

Patricia Colavita

Vice President and Chief Internal Auditor

Mehul Kapadia

Chief Information Officer, Vice-President of IT and Business Transformation

David Longfritz

Global Chief Marketing Officer

Blake Moore

President, North American Asset Management

Suanne Nielsen

Global Chief Administration Officer

Knut Olson

President, North American Life Insurance and Annuity

Paul Reaburn

Chief Financial Officer

Clark Wagner

President, Foresters Investment Management Company and Chief Investment Officer, Foresters Financial

René Zanin

Global Chief Legal Officer, Chief Compliance Officer and Corporate Secretary

Robert E. (Bob) Lamoureux

Chair of the Board, Chair - Human Capital and Governance Committee, Fraternal Committee

Christopher J. (Chris) Stranahan

International Fraternal President, Chair - Fraternal Committee, Human Capital and Governance Committee

Katherine A. (Kathy) Bardswick

Audit and Compliance Committee, Fraternal Committee, Risk and Investment Committee

Sonia A. Baxendale

Chair - Human Capital and Governance Committee, Audit and Compliance Committee

James M. (Jim) Bowden

Risk and Investment Committee, Fraternal Committee

James R. (Jim) Boyle

President and Chief Executive Officer

Michael C. (Mike) Edge

Audit and Compliance Committee, Fraternal Committee

Daniel J. (Dan) Fortin

Risk and Investment Committee, Fraternal Committee

Richard P. Hennick

Human Capital and Governance Committee, Fraternal Committee

Frank N.C. Lochan

Risk and Investment Committee, Audit and Compliance Committee

Mike Lombardi

Risk and investment Committee, Audit and Compliance Committee

Martha E. Marcon

Chair - Audit and Compliance Committee, Human Capital and Governance Committee

Michael P. Stramaglia

Chair - Risk and Investment, Audit and Compliance Committee

Wendy A. Watson

Audit and Compliance Committee, Human Capital and Governance Committee

Robert W. (Rob) Wight

Audit and Compliance Committee, Fraternal Committee

Board committees