BOSTON -- John Hancock Co. has made no decision yet to replace Lyle H. Davis, the president of Hancock subsidiary Independence International Associates Inc.
Mr. Davis has been missing for nearly a month. The small plane he was piloting alone disappeared April 4 along the New Jersey coast en route to Atlantic City. No wreckage has been found and Mr. Davis is presumed dead.
An avid pilot, Mr. Davis owned several classic and World War II aircraft.
Mr. Davis, 56, was a native of Portland, Ore. He began his career in 1966 at John Hancock Mutual Life Insurance Co.
In 1981 he joined State Street Bank & Trust Co., where he became chief investment officer and division head of institutional investments.
He left State Street in 1986 to create Boston International Advisors, which specialized in quantitative investing in international equities. John Hancock acquired the firm in 1996.
He is survived by his wife, Elizabeth, and his daughter, Margaret Maley.
A memorial service was held recently in Concord, Mass.