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Christopher J. Swift

Chairman and Chief Executive Officer at HARTFORD INSURANCE GROUP
Board
Since July 1, 2014
Age
63 years
Tenure
Joined HIG in 2010 as Executive Vice President and Chief Financial Officer, promoted to Chief Executive Officer on 07-01-2014, and appointed Chairman on 01-05-2015.

Also at HARTFORD INSURANCE GROUP

AMT
A. Morris Tooker
President
AMS
Amy M. Stepnowski
Executive Vice President and Chief Investment Officer
BAC
Beth A. Costello
Executive Vice President and Chief Financial Officer

About

Christopher J. Swift is a seasoned executive with over 30 years of experience in the financial services industry, with a strong focus on insurance and capital management. His career journey has spanned influential roles at major institutions, allowing him to develop a deep understanding of financial operations and strategic investments. Prior to his current leadership, he made significant impacts at organizations such as American International Group and KPMG, solidifying his reputation as a dedicated expert in the field.

In addition to his executive roles, he is a certified public accountant with extensive expertise in financial reporting and industry best practices. His background includes advancing complex projects and fostering growth initiatives while serving at renowned financial services companies, which has helped shape modern practices in the insurance and investment sectors.

Beyond his direct operational responsibilities, he has also contributed to the corporate governance landscape by serving on various boards, including a notable position with Citizens Financial Group. This involvement underscores his commitment to excellence in leadership and his ability to steer strategic direction in a competitive industry.

$HIG Performance Under Christopher J. Swift

Past Roles

Organization Role Date Range
The Hartford Financial Services Group, Inc. Executive Vice President and Chief Financial Officer 2010-2014
American International Group, Inc. Vice President and Chief Financial Officer, Life and Retirement Services 2003-2010
KPMG, LLP Partner 1999-2003
Conning Asset Management, General American Life Insurance Company Executive Vice President 1997-1999
General American Life Insurance Company Executive Vice President 1997-1999
KPMG, LLP Auditor 1983-1993

External Roles

Organization Role Date Range
Citizens Financial Group, Inc. Director 2021-present

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary $1,200,000 Annual [N/A]Fixed annual base salary
Contributions to Defined Contribution Plans $65,300 Per plan contribution period [N/A]Includes company contributions under The Hartford’s tax‐qualified 401(k) plan and the Excess Savings Plan
Perquisites $247,465 As incurred [N/A]Comprises personal use of corporate aircraft, commuting costs, executive physical expenses, and expenses for spouse’s attendance at business functions

Performance Compensation

Data from  FY 2023

Stock Awards

Metric/DetailValueNotes
Performance Metrics Total Shareholder Return (TSR) relative to 2023 Performance Peer Group and Compensation Core Return on Equity (ROE)Weighted equally at 50% each
Payout Ranges Threshold: 17.5% of target; Independent minimum for each measure: 35%; Target: 100%; Maximum: 200%Minimum payout not achieved if one measure falls below threshold
Grant Date February 28, 2023-
Grant Date Fair Value $5,747,175For performance shares
Grant Date Stock Price $78.28 per share-
Number of Shares Granted Threshold: 11,737; Target: 67,067; Maximum: 134,134Based on performance relative to metrics
Vesting Schedule Vest on December 31, 2025At end of three-year performance period

Option Awards

Metric/DetailValueNotes
Grant Date February 28, 2023-
Grant Date Fair Value $5,250,000-
Grant Date Stock Price / Exercise Price $78.28Exercise price equals fair market value
Vesting Schedule 1/3 per year on each anniversary; fully vested by February 28, 2026Time-based vesting, no performance conditions
Expiration Date February 28, 2033Options expire 10 years from grant date
Valuation per Option $21.09Determined using a hybrid lattice/Monte Carlo model; not adjusted for forfeitures

Non-Equity Incentive Plan Compensation (AIP)

Metric/DetailValueNotes
Threshold Payout $1,155,000Represents 35% of target
Target Payout $3,300,000-
Maximum Payout $9,900,000Capped at 300% of target
Actual Payout $3,861,000Achieved at 117% of target; based on company operating performance and individual goals
Performance Conditions Based on annual company operating performance against a predetermined target and individual performance goalsTied to Compensation Core Earnings target and strategic priorities
Payment Timing Paid out after fiscal year-end following Compensation Committee certificationCash-based award with no vesting schedule