The Hartford Appoints Larry De Shon To Its Board Of Directors

Date : 12/12/2019 @ 9:15PM
Source : Business Wire
Stock : Hartford Financial Services Group Inc (HIG)
Quote : 49.95  -2.01 (-3.87%) @ 11:30PM
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The Hartford Appoints Larry De Shon To Its Board Of Directors

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The Hartford today announced the appointment of Larry De Shon to the company’s board of directors, effective Feb. 19, 2020. He will serve on the board’s Audit Committee and the Finance, Investment and Risk Management Committee.

“As a tenured CEO of a global company, Larry brings extensive C-suite experience and deep operating skills and international expertise,” said The Hartford’s Chairman and CEO Christopher Swift. “He successfully led organizations through times of disruption and global transformations, developed innovative solutions to strengthen his companies’ positions in the marketplace and modernized systems for better customer and employee experiences. We look forward to having Larry join the board as we advance our product capabilities and continue to enhance the customer experience.”

De Shon, 60, is retiring at the end of 2019 as president and CEO of Avis Budget Group, Inc., a leading global provider of mobility solutions. He has held roles of increasing responsibility since joining Avis Budget Group as executive vice president of operations in 2006. He was instrumental in reinventing the company to respond to changing consumer preferences and open up new revenue streams and business models through initiatives that include creating the first end-to-end digital car rental experience, migrating the platform to the cloud, and building one of the largest connected car fleets in the world. As president of Avis Budget Group International, De Shon oversaw the Avis, Budget, Zipcar, Payless, Maggiore and Apex businesses in Europe as well as businesses in the Middle East, Africa, Asia, Australia and New Zealand. Prior to joining Avis, he had a 28-year career with United Airlines rising through the ranks to senior vice president of airport operations. In his most recent role with United Airlines, he was in charge of ground operations, logistics, safety, security, customer processing and service, product development and internal communications, leading an organization of 23,000 employees in 29 countries.

De Shon earned bachelor’s degrees in both communications and sociology from the University of Missouri-Kansas City.

About The Hartford

The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com. Follow us on Twitter at @TheHartford_PR.

The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.

HIG-F

Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2018 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.

From time to time, The Hartford may use its website and/or social media outlets, such as Twitter and Facebook, to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com, Twitter account at www.twitter.com/TheHartford_PR and Facebook at https://facebook.com/thehartford. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.

Media Contact: Matthew Sturdevant 860-547-8664 matthew.sturdevant@thehartford.com Investor Contact: Susan Spivak Bernstein 860-547-6233 susan.spivak@thehartford.com

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