The Hartford’s board of directors has elected Chief Executive Officer
Christopher J. Swift, 53, chairman of the board effective Jan. 5, 2015.
Swift succeeds Liam E. McGee, who stepped down as CEO of The Hartford in
July 2014, and who is resigning from the board effective Jan. 5, 2015.
Christopher Swift, Chairman and CEO, The Hartford (Photo: Business Wire)
“Over the past six months, The Hartford has executed a seamless and
highly successful leadership transition,” said Thomas A. Renyi,
independent presiding director for The Hartford. “The company has made
tremendous progress advancing its strategy and we look forward to Chris’
leadership as both CEO and chairman. We believe this is the optimal
governance structure for the organization to continue to deliver against
its business strategy and create value for shareholders. On behalf of
the board of directors and everyone at The Hartford, I would like to
thank Liam for his leadership and turnaround of this iconic insurer.”
“It has been an honor and a privilege to lead The Hartford through a
successful strategic transformation and seamless leadership transition,”
said McGee. “I am proud of what the team has accomplished together and I
am confident that now is the right time for Chris to assume this broader
leadership role. I look forward to the company’s continued achievements.”
Swift has been CEO of The Hartford since July 2014. He joined the
company in 2010 as executive vice president and chief financial officer.
Previously he held various senior leadership and finance roles at
American International Group (AIG) and began his career in public
accounting at KPMG LLP focused on financial services and was eventually
appointed head of the Global Insurance Industry Practice. Swift earned a
bachelor's degree in accounting from Marquette University and is a CPA.
He serves on the Dean's Advisory Board at the Villanova School of
Business and is a member of the International Insurance Society. Swift
also serves as chairman of the board of the American Insurance
Association and is a member of the Business Roundtable and The Financial
Services Roundtable.
About The Hartford
With more than 200 years of expertise, The Hartford (NYSE: HIG) is a
leader in property and casualty insurance, group benefits and mutual
funds. The company is widely recognized for its service excellence,
sustainability practices, trust and integrity. More information on the
company and its financial performance is available at www.thehartford.com.
Join us on Facebook at www.facebook.com/TheHartford.
Follow us on Twitter at www.twitter.com/TheHartford.
HIG-C
Some of the statements in this release may be considered forward-looking
statements as defined in the Private Securities Litigation Reform Act of
1995. We caution investors that these forward-looking statements are not
guarantees of future performance, and actual results may differ
materially. Investors should consider the important risks and
uncertainties that may cause actual results to differ. These important
risks and uncertainties include those discussed in our 2013 Annual
Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the
other filings we make with the Securities and Exchange Commission. We
assume no obligation to update this release, which speaks as of the date
issued.
From time to time, The Hartford may use its website to disseminate
material company information. Financial and other important information
regarding The Hartford is routinely accessible through and posted on our
website at http://ir.thehartford.com.
In addition, you may automatically receive email alerts and other
information about The Hartford when you enroll your email address by
visiting the “Email Alerts” section at http://ir.thehartford.com.
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