The Hartford Financial Services Group Inc. said that Thomas M. Marra, the company's president and chief operating officer, will retire effective July 3.
It was also announced that he has resigned from the company's board of directors effective immediately.
“Tom has been a dedicated and committed executive of The Hartford for nearly 29 years and has made substantial contributions to this organization over that time,” said Ramani Ayer, The Hartford's chairman and chief executive officer, noting Mr. Marra's role in expanding the company's life business and diversification of the company's operations.
The Hartford, Conn.-based insurer said Mr. Ayer will now directly oversee the company's property-casualty and life operations.
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