The Hartford Financial Services Group, Inc. (NYSE: HIG) today announced
that Edward J. "Ned” Kelly, III, Vice Chairman of Citigroup Inc., will
retire from The Hartford’s Board of Directors. Kelly, who has served on
The Hartford’s Board since 2001, will serve out the balance of his
current term but will not stand for reelection at the Company’s annual
shareholders’ meeting in May. According to the Company, Kelly made the
decision in light of other obligations and demands on his time.
"On behalf of all the directors and the management of The Hartford, I
want to thank Ned for his commitment to representing the company’s
shareholders for the past nine years,” said Liam E. McGee, Chairman,
President and Chief Executive Officer of The Hartford. "Ned played a
critical role in helping The Hartford through this challenging economic
period and putting the company on a strong path forward. We thank him
for his contributions.”
About The Hartford
Celebrating nearly 200 years, The Hartford (NYSE: HIG) is an
insurance-based financial services company that serves households,
businesses and employees by helping to protect their assets and income
from risks, and by managing wealth and retirement needs. A Fortune 500
company, The Hartford is recognized widely for its service expertise and
as one of the world's most ethical companies. More information on the
company and its financial performance is available at www.thehartford.com.
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 Quarterly Reports
on Form 10-Q, our 2009 Annual Report on Form 10-K 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.
