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Deals & People June 30, 2010
The Hartford Names New President of Wealth Management
The Hartford Financial Services Group, Inc. has named David N. Levenson President of Wealth Management, effective July 1.
Reported by Rebecca Moore
John C. Walters, current president of Hartford Life, will leave The Hartford at the end of July to pursue other opportunities.
According to a press release, Levenson joined The Hartford in 1995 from Fidelity Investments, and since that time has worked in nearly every aspect of the company’s wealth management business. He led the development of The Hartford’s mutual funds operations and also ran the retirement plans business before heading the retail products business.
In 2005, he joined Hartford Investment Management Company (HIMCO) as Managing Director in charge of sales and marketing.
From 2006 to 2009 he was with Hartford Life Insurance K.K., the company’s Japan subsidiary, where he initially was charged with leading a turnaround as head of product and distribution and ultimately was named President and CEO. He returned from Japan in July 2009 to serve as executive vice president leading the company’s in-force domestic variable annuity business and its international and institutional business segments, the announcement said.
Levenson earned a bachelor’s degree from the Wharton School at the University of Pennsylvania and a master’s in business administration from Columbia Business School. He is a Fellow of the Society of Actuaries (FSA) and is a Chartered Financial Analyst (CFA).