July 9, 2018

The Power 50: John C. Roche

JOHN C. ROCHE

President & CEO

The Hanover Insurance Group, Inc., Worcester

Residence: Hopkinton

College: University of Connecticut

Roche joined Hanover in 2006 as vice president of underwriting and product management for commercial lines, with previous stops at other insurers, including Travelers in Hartford. By November when Roche became the company's CEO, the only publicly traded company inside Worcester city limits was at an important inflection point. His predecessor as Hanover CEO lasted only 16 months after restructuring the company and was much less visible publicly than Fred Eppinger, the CEO who transformed Hanover over 13 years. The company's profits in the third quarter dropped 87 percent, largely due to payouts for hurricane damages. Since becoming CEO, Roche has reasserted Hanover's role in the Central Massachusetts community – including serving on the board of the local chapter of the United Way – and seen strong financial results: a 16-percent increase in stock price and a market cap exceeding $5.1 billion.

What advice would you give up-and-comers? Find something aligning with your passions and skills, and be assertive in your pursuit of a challenging and fulfilling career while making a meaningful impact on society.

Happy face in the crowd: I'm a huge country music fan and enjoy attending summer concerts.

Read about the WBJ's 2018 Power Players:

Retail

Harry Kokkinis, Table Talk Pies

Steve Rotman, Rotman's Furniture & Vystar

Ernie Herrman, TJX Cos.

Michael Dundas, Sira Naturals

Ralph Crowley Jr., Polar Corp.

Christopher Baldwin, BJ's Wholesale Club

Amy Lynn Chase, Crompton Collective & Haberdash

Food & Culture

Robb & Madeline Ahlquist, Worcester Restaurant Group

Troy Siebels, The Hanover Theatre

Karim El-Gamal, Rail Trail Flatbread Co., New City Microcreamery, Less Than Greater Than

Eric, Sam & Jack Hendler, Jack's Abby Brewing

Lynn Cheney, Lettuce Be Local

Sandy Dunn, DCU Center

Higher Education & Nonprofits

Ann T. Lisi, Greater Worcester Community Foundation

Rev. Philip L. Boroughs, College of the Holy Cross

Javier Cevallos, Framingham State University

Michael F. Collins, University of Massachusetts Medical School

Jill Dagilis, Worcester Community Action Council

Dr. David A. Jordan, Seven Hills Foundation

Laurie Leshin, Worcester Polytechnic Institute

Corner Office

Kate Sharry, Group Benefits Strategies

Tina M. Sbrega, GFA Federal Credit Union

John C. Roche, The Hanover Insurance Group

Elaine Osgood, Atlas Travel

Michael P. Angelini, Bowdtich & Dewey

Susan Mailman, Coghlin Electrical Contractors

Edward F. Manzi Jr., Fidelity Bank

Manufacturing

Dinesh Wadhwani, ThinkLite

Ravi Vig, Allegro Microsystems

Nobuhiko Tamura, Sunovion Pharmaceuticals

Daniel McGahn, AMSC

Michael Mahoney, Boston Scientific

Jeannie Hebert, Blackstone Valley Chamber of Commerce

Valentin Gapontsev, IPG Photonics

Chris Coghlin, Coghlin Cos.

Health care

Kevin O'Sullivan, Massachusetts Biomedical Initiatives

Kurt Isaacson, Spectrum Health Systems

Tarek Elsawy, Reliant Medical Group

Jeffrey M. Welch, Saint Vincent Hospital

Eric Dickson, UMass Memorial Health Care

Holly Chaffee, VNA Care

Richard P. Burke, Fallon Health

Economic Development

Ann K. Tripp, Opus Investment Management

Robert Walker, RA Ventures

Yvonne Spicer, City of Framingham

Cliff Rucker, Worcester Railers Hockey Club

Sherri Greene Pitcher, Fidelity Bank

Timothy P. Murray, Worcester Regional Chamber of Commerce

Anthony Consigli, Consigli Construction Co.

Jennie Lee Colosi, E. T. & L. Corp.

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