Would have been nice to have a candidate come from HIG ranks. Ayer, who I thought has done a good job, came up from the company and brought a good perspective. Yes, HIG got zapped recently but they survived and things are looking better.
Hartford hired one person from the banking world around 2003 and she did not work out. Can’t remember her name, she was in charge of sales and tried to bring a banking sales culture into the insurance world. Her ideas were wacky and did not work, she left around 2007.
sold for $500 million, but u didn’t mention if that was profit. he had bills to pay out of that. i’ve had many years in the industry and have traction and can put color on the numbers
Dan, The author founded a firm that he eventually sold for $540 million. I don’t think he needs to work – the only grapes he has are the ones going into very expensive bottles of wine.
could one of you guru’s shed some light on why a new ceo was needed and whether the new guy has a reasonable chance of improving the fortunes of this apparently recuperating company?
Would have been nice to have a candidate come from HIG ranks. Ayer, who I thought has done a good job, came up from the company and brought a good perspective. Yes, HIG got zapped recently but they survived and things are looking better.
Hartford hired one person from the banking world around 2003 and she did not work out. Can’t remember her name, she was in charge of sales and tried to bring a banking sales culture into the insurance world. Her ideas were wacky and did not work, she left around 2007.
He is accustomed to government bailouts. He should fit in well at The Hartford.
sold for $500 million, but u didn’t mention if that was profit. he had bills to pay out of that. i’ve had many years in the industry and have traction and can put color on the numbers
…..author is a “consultant”, or better stated “unemployed”. maybe that’s why he doesn’t agree with HIG’s pick. i.e. it wasn’t him!!!
Dan, The author founded a firm that he eventually sold for $540 million. I don’t think he needs to work – the only grapes he has are the ones going into very expensive bottles of wine.
Haha…bills to pay out of $500 million! What is he, Latrell Spreewell? “I got kids to feed!”
could one of you guru’s shed some light on why a new ceo was needed and whether the new guy has a reasonable chance of improving the fortunes of this apparently recuperating company?