Ohio National lays off chief distribution officer; president retires after three months on the job

November 22, 2018 by Greg Iacurci

Ohio National Financial Services Inc. laid off its chief distribution officer, H. Douglas Cooke, at the same time that president and chief operating officer Christopher Carlson has decided to retire, three months after being promoted.

The executive changes come less than two months after a controversial decision to stop paying trail commissions to advisers on some of the insurer’s annuity products.

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Originally Posted at InvestmentNews on November 20, 2018 by Greg Iacurci.