Summary
This 8-K filing from The Hartford Financial Services Group, Inc. (HIG) on May 17, 2012, primarily announces a key executive change within its investment management division. Brion Johnson has been promoted to Chief Investment Officer and President of Hartford Investment Management Company, succeeding Hugh T. M. Whelan. Mr. Whelan, who had been acting in this capacity since October 2011, will retire after a transition period, fulfilling his initial intent when taking on the interim role. This change in leadership for the investment management arm could have implications for the company's investment strategy and performance.
Key Highlights
- 1Brion Johnson appointed Chief Investment Officer and President of Hartford Investment Management Company.
- 2Johnson succeeds Hugh T. M. Whelan in the leadership role.
- 3Hugh T. M. Whelan will retire from the company after a transition period.
- 4Whelan's retirement follows his role as acting head of Hartford Investment Management Company since October 2011.
- 5The filing is dated May 17, 2012, and reports an event on the same day.
- 6The company is The Hartford Financial Services Group, Inc. (HIG).