The Hartford Financial Services Group, Inc. reported that David M. Johnson, executive vice president and chief financial officer, as well as a member of the company’s Office of the Chairman, intends to leave The Hartford.
Johnson, who has served in his role since May 2001, has agreed to remain as CFO until at least mid-2008 to ensure a smooth transition. A search for his successor is underway.
“After seven years at the helm of the company’s finance organization, I am confident about the opportunities ahead for The Hartford and am looking forward to the next challenge for me,” Johnson said.
Prior to joining The Hartford, Johnson was senior executive vice president and CFO of Cendant Corp., which he joined in 1998. He also had a 12-year career with Merrill Lynch where he served in a number of roles, including managing director in the investment banking division. In 2000, CFO Magazine named Johnson one of the leading CFOs in the U.S. under the age of 40 and Institutional Investor Magazine has named him one of The Best CFOs in America for 2004, 2005 and 2006. In addition, The Hartford received IR Magazine’s award for “Best Disclosure Policy” in 2007.
Source: The Hartford
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