He may be aiming to raise $100,000 as part of the Pan-Mass Challenge for the Dana-Farber Cancer Institute in Boston, but the head of John Hancock Funds’ cycling team says charity isn’t his only motivation.
“It’s not a race,” says Keith Hartstein, president and CEO of John Hancock Funds. “But those of us who are type A’s treat it as a race. It’s quite competitive, with asset managers from MFS Investment Management to Fidelity Investments participating.”
Some 5,000 cyclists were expected to raise $27 million by riding early this month in the two-day event, which ran 192 miles from Sturbridge, Massachusetts, to Provincetown. Hartstein, 50, covered the 109-mile, first-day leg in less than five and a half hours, averaging 20.4 miles an hour.
