Hartford Financial: Search for New CEO Making Progress

Hartford Financial Services Group's (HIG) search for a new chief executive is moving along, despite the restrictions placed on the company because of its acceptance of government funding.

"The search committee has been directed by the board and they have been very pleased with their progress," said Ramani Ayer, Hartford chairman and chief executive, during the company's second quarter earnings conference call Thursday. Ayer said nearly two months ago he plans to retire by the end of the year.

Hartford Financial: Search for New CEO Making Progress
Source: CNN Money
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