Liam E. McGee served as the CEO and Chairman of The Hartford Financial Services Group from 2009 until 2014. Before joining Hartford, he built a strong background at Bank of America. During his time there, he led the Consumer and...

Number of Employees

18.7K

Year

2014

Total Compensation

$4.45M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to promote long-term shareholder value creation and support the company's strategy by encouraging profitable growth consistent with prudent risk management, attracting and retaining key talent, and aligning pay with performance.

Bonus

$3.26M

Board Justification

The 2014 AIP award based on Mr. McGee's actual base salary earned during 2014 and the final company AIP funding factor without any adjustment to reflect individual performance or other factors.

Other

$188.47K

Board Justification

Includes perquisites and transition services valued at $50,387.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2014 as the performance share awards were forfeited upon his resignation and subsequent death.

Performance Metrics

Performance metrics included core earnings and total shareholder return relative to peers.

SEC Filing

From April 8, 2015

Liam E. McGee

Ex-CEO of The Hartford Financial Services Group

LE

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1959 - 66 years ago

Is Founder?

No

Tenure

4 years 8 months (Oct 2009 - Jun 2014)

Previous Experience

President, Bank of America Consumer and Small Business Bank