The Hartford Appoints Christopher Swift as CFO

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March 1, 2010 Monday

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HEADLINE: The Hartford Appoints Christopher Swift as CFO

The Hartford Financial Services Group, Inc. recently announced that Christopher J. Swift will join the company as executive vice president and chief financial officer, effective March 1.

Swift joins The Hartford from American Life Insurance Company (ALICO), an operating company of American International Group (AIG), where he was Vice Chairman and CFO of the global life company. Swift, a 27-year insurance industry veteran, will report to The Hartford's Chairman, President and Chief Executive Officer Liam E. McGee. As previously announced, The Hartford's current CFO, Lizabeth Zlatkus, will assume the Chief Risk Officer role reporting to McGee on March 1.

"Chris's appointment is an important step on our path forward," said McGee. "He has held significant leadership roles in large, complex financial organizations and has a background that covers both the life and P&C industries. In addition to his strategic financial role at ALICO, Chris had a broad range of functional responsibilities, including capital management, and was instrumental in the company's repositioning. He will be an excellent addition to our leadership team. I also want to thank Liz for leading the finance and risk functions during this challenging period. Their work helped to effectively position the company for the future. I look forward to working with Liz to further strengthen the company's risk management practices."

Swift began his career as an auditor in the Chicago office of KPMG focused on financial services. He rose through the ranks at the firm to achieve partner by age 32. He then became Executive Vice President of Conning Asset Management, a subsidiary of General American, where he was responsible for finance, sales/marketing and information technology. After MetLife acquired Conning in 1999, Swift returned to KPMG and was eventually appointed head of Global Insurance Industry Practice for the firm. As leader of this segment, he worked with clients in both the life and P&C segments, globally and domestically. He was responsible for matters ranging from strategic and regulatory to audit, risk, advisory and tax services.

As Vice Chairman and CFO of ALICO, an operating company of AIG with $89 billion in assets and operations in 54 countries, Swift oversaw the unit's global financial operations. His responsibilities there included financial strategy and reporting, capital management, investments, risk management, treasury, product development and rating agency relationships, among others. He also served as CFO of Global Life Insurance and Retirement Services of AIG, CFO of AIG American General Life Companies and Head of Annuity Operations.

Hartford 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.

More Information: http://www.thehartford.com

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LOAD-DATE: March 1, 2010

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