Liam McGee - Mahony Partners

Mar

2012

Liam McGee Still Needs a Communication Strategy

Hartford Financial CEO Liam McGee on Wednesday announced plans to break up the company, largely along the lines recommended by hedge-fund activist John Paulson, whose funds own about 8.5% of the insurer. It looks like McGee never put up a serious effort to counter Paulson’s recommendation to separate Hartford’s property and casualty insurance business, despite saying such a split faced regulatory and market “challenges.” In an investor presentation Wednesday, McGee did a pretty good job of describing t... Read More

Feb

2012

Liam McGee needs a communication strategy – fast

Financial Services, Taking & Managing Risk

Insurance company earnings calls are normally staid affairs. But Hartford Financial Group had a sudden burst of excitement yesterday as its largest shareholder, hedge fund titan John Paulson, joined the call. He hammered CEO Liam McGee for not being more specific about his plans for increasing shareholder value at the company, which saw its shares sink by 39% last year. Paulson said: "I know you’re doing a strategic review but there’s no slide talking what about what the potential would be, just that there’s challenges. Goldman Sachs came out with, I think, a very goo... Read More