Hartford, Conn., July 7, 2015 – The Phoenix Companies, Inc. (NYSE:PNX) today announced that Gina Collopy O’Connell, senior vice president, has been named chief risk officer. She will be responsible for overall leadership and direction for enterprise risk management and will report to James D. Wehr, president and chief executive officer. She will succeed Mark Griffin, who is resigning from the company effective July 17, 2015.
“Gina has been with Phoenix for 30 years and played key roles in a number of corporate and business functions. A seasoned actuary with a breadth of operational and product experience, she has been very involved with managing operational and litigation risk and is a natural fit to lead enterprise risk management,” Mr. Wehr said.
Ms. O’Connell is currently senior vice president, Financial Planning and Analysis, and most recently played a significant role in the company’s restatement and remediation efforts. Previous areas of responsibility include oversight of the company’s quarterly forecast and annual financial plan processes and leading Life and Annuity Planning, Operations, Underwriting and Variable Products. She will continue to serve as a senior advisor to the actuarial student program. Ms. O’Connell joined Phoenix in 1985 as an actuarial assistant.
Ms. O’Connell holds a bachelor’s degree in mathematics from Boston College and is a Fellow of the Society of Actuaries (FSA) and a member of the Academy of Actuaries (MAAA). She serves on the finance committee of the YWCA Hartford Region.
The Phoenix Companies, Inc. (NYSE:PNX) helps financial professionals provide solutions, including income strategies and insurance protection, to families and individuals planning for or living in retirement. Founded as a life insurance company in 1851, Phoenix offers products and services designed to meet financial needs in the middle income and mass affluent markets. Its distribution subsidiary, Saybrus Partners, Inc. offers solutions-based sales support to financial professionals and represents Phoenix’s products among key distributors, including independent marketing organizations and brokerage general agencies. Phoenix is headquartered in Hartford, Connecticut, and its principal operating subsidiary, Phoenix Life Insurance Company, has its statutory home office in East Greenbush, New York. For more information, visit www.phoenixwm.com and www.saybruspartners.com.