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| | Former Hartford Chairman, President, And CEO, Liam E. McGee, Dies At Age 60
By Lonce LaMon - February 17, 2015
Liam E. McGee, the former Chairman, President and CEO of The Hartford, died the night of February 13th, last Friday, of cancer.
Liam most recently served as Executive Chairman of The Hartford, a position from which he stepped down on January 5, 2015. He previously held the additional roles of Chairman, President, and Chief Executive Officer from October 1, 2009, through July 1, 2014.
In October of 2009, the company faced significant financial and strategic challenges. Liam took bold, thoughtful actions to strengthen the company’s financial position, enhance risk management, build a high-performing, collaborative leadership team, and reposition the company for future growth and long-term shareholder value creation.
Before joining The Hartford, McGee spent more than three decades as a financial services business leader, most recently serving as president of the Consumer and Small Business Bank for Bank of America Corporation. In that role, he oversaw the bank’s more than 5,000 branches, then the largest network in the nation.
“Liam was a true visionary,” said Ken Lewis, former Chairman and CEO of Bank of America, where McGee held executive positions for more than two decades. “He had ideas about how things should be and would be in the future that were special and unique to him. He had an amazing ability to convey that vision; help others see their role in it and follow his leadership to achieve amazing results. We gave him huge challenges at Bank of America and had high expectations for what he would do. He exceeded those high expectations every time and left an indelible imprint on all with whom he worked. Liam was my good friend; a man I admired. I will miss him greatly.”
Connecticut Governor Dannel P. Malloy acknowledged Liam’s substantial contributions as a business and community leader, saying, “Liam set two missions when he came here, saving a great American company and improving the city in which it is headquartered. He accomplished both.”
Liam recently received the distinguished appointment of Professor in Residence at the University of San Diego, his alma mater, in both their School of Law and School of Business Administration. “With the passing of Liam McGee, the University of San Diego community has lost a great leader and cherished friend,” offered Mary E. Lyons, president of the University of San Diego.
Since resigning as The Hartford’s Chairman and CEO, McGee and his family relocated to his home state of California. In addition to his continued advisory role with The Hartford, McGee was actively writing and mentoring CEOs of not-for-profit organizations, based on his own lessons learned.
In lieu of flowers, the family requests that donations be made to the Liam E. McGee Memorial Fund in support of the Helen and Harry Gray Cancer Center at Hartford Hospital, 80 Seymour Street, Hartford, CT 06102, or online at https://giving.harthosp.org/tributegift or Junior Achievement of Southwest New England, 70 Farmington Avenue, Hartford, CT 06105.
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