The Hartford CEO Discusses Company Strategy At Shareholders’ Meeting
May 20 2015 - 4:25PM
Business Wire
Shareholders approve board of directors, accounting firm and
compensation-related proposals
The Hartford has a clear direction and a focused portfolio of
businesses that are positioned to serve its customers and create
value for shareholders, The Hartford’s Chairman and CEO Christopher
Swift said today at the Annual Meeting of Shareholders.
“Over the past several years, we have worked hard to transform
our company into a more focused, financially stronger
organization,” said Swift. “We have competitive advantages in each
of our markets, a strong balance sheet, financial flexibility and a
substantially improved risk profile. We are optimistic and excited
about the future, and are determined to increase value for our
shareholders and build confidence for our customers, partners, and
colleagues.”
Going forward, the company is focused on expanding product and
underwriting capabilities, extending distribution, improving the
customer experience, operating more efficiently and managing
capital effectively.
“Our progress should be credited to our talented employees, a
dedicated leadership team and a committed board,” said Swift. “We
appreciate our shareholders’ support and the tremendous effort our
employees give every day.”
During the business portion of the annual meeting, The
Hartford’s shareholders voted on the following actions:
- All of The Hartford's directors were
reelected to the Board with each director receiving the support of
at least 95 percent of the shares entitled to vote at the meeting,
excluding abstentions;
- Shareholders ratified the selection of
Deloitte & Touche LLP as the company's independent registered
public accounting firm with support from 98 percent of shares
entitled to vote at the meeting;
- Shareholders approved the compensation
of the company's named executive officers as disclosed in the proxy
statement with support from approximately 95 percent of shares
entitled to vote at the meeting.
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-F
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 2014 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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version on businesswire.com: http://www.businesswire.com/news/home/20150520006560/en/
The HartfordMedia Contacts:Shannon Lapierre,
860-547-5624shannon.lapierre@thehartford.comorThomas Hambrick,
860-547-9746thomas.hambrick@thehartford.comorInvestor
ContactsSabra Purtill, CFA,
860-547-8691sabra.purtill@thehartford.comorSean Rourke,
860-547-5688sean.rourke@thehartford.com
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