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July 9, 2018

The Power 50: Ann K. Tripp

ANN K. TRIPP

Senior vice president, chief investment officer, president for Opus Investment Management, Inc., member of The Partner Group, the company's most senior leadership team

The Hanover Insurance Group, Inc., Worcester

Residence: Rutland

Colleges: Franklin & Marshall College in Pennsylvania, Boston University

As SVP, CIO and president of Hanover subsidiary Opus, Tripp is responsible for the investment strategy of more than $10 billion in client assets. Her most visible role to the Greater Worcester economy comes in the Opus role, where she takes the lead for Hanover in the Worcester downtown revitalization effort known as CitySquare. From the beginning of the $565-million project, Hanover and Tripp have been the ones to get the ball moving, buying up rundown properties and fixing them up – or demolishing them – so developers could come in and create active uses for the neighborhood, like the 145 Front St. apartments and the AC Hotel by Marriott. Behind the scenes, Tripp's participation in the Hanover's Partner Group means she plays a key role in the development of the city's only publicly traded company with 1,800 employees and $5.2 billion in revenues.

What advice would you give up-and-comers? Be open to opportunities and find your passion. Work will be more fun and easier when you are naturally motivated and driven.

Land baron: I live on an 80-acre diversified farm. The equestrian program is the primary enterprise of the farm. Land uses at the farm include 50 acres of managed woodlot, a market garden, a small home fruit orchard and 16 acres of pasture for hay and animal grazing.

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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