Liam McGee

The Hartford had survived more than 200 years of economic ups and downs, but when the financial crash of 2008 brought the stalwart old company to its knees, the board called on Liam McGee to bring it back from the brink of disaster. The former Bank of America executive knew he faced daunting challenges, but he had a strong commitment to the mission and was humble enough to know that things could go wrong. With little time to waste, he restructured the leadership team, divested the company of its life and wealth business and focused on its core property-casualty, group benefits and mutual fund businesses. He strengthened the balance sheet and instilled a culture of accountability and risk-management discipline. Six months after he arrived, Hartford repaid its $3.5 billion federal stimulus loan.

McGee and his wife, Lori, were dedicated to the surrounding community of Hartford and Asylum Hills, where the company was headquartered. During his tenure, The Hartford contributed $7 million to attack blight, rebuild homes, nurture and educate children, and support families.

McGee was born in County Donegal, Ireland, and grew up in southern California. He earned a degree in biology from the University of San Diego, where he later served as chairman of the board of trustees. He also earned an MBA from Pepperdine University and a JD from Loyola Law School.

He was chairman of the United Way of Greater Los Angeles and Junior Achievement of Southern California, and he held numerous other community positions. He was also awarded the distinguished appointment of Professor in Residence at the University of San Diego.

McGee stepped down as chairman, president and CEO of the Hartford in 2014, following a diagnosis of brain cancer. He served as executive chairman of The Hartford until January 2015. He died the following month.