By Colin Kellaher
Sun Life Financial Inc. on Wednesday said Dean Connor plans to retire as president and chief executive next year.
The Toronto financial-services company said Kevin Strain, currently executive vice president and chief financial officer, would succeed Mr. Connor.
Sun Life said Strain would become president and a member of the board on Feb. 15 and take the helm as CEO upon Mr. Connor's retirement in August.
Sun Life said it plans to name a new chief financial officer in the first half of 2021.
The company said Mr. Connor, who joined Sun Life in 2006 and has been president and CEO since December 2011, would also retire from the board.
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(END) Dow Jones Newswires