April 5, 2012
The 2012 pay package for Liam E. McGee, chairman and CEO of The Hartford Financial Services Group, was more than double what he received in 2011, according to documents filed Friday afternoon with the U.S. Securities and Exchange Commission.
McGee had a total compensation of $4.17 million last year, not including options and stock awards valued at $7.5 million, which vest later and are based on the performance of the company's stock. Separately, the value of his pension increased by $148,287.
Pay More Than Doubles For The Hartford's CEO, Liam McGee