The Hartford CEO Discusses Company Strategy At Shareholders’ Meeting
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.
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.
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