Hartford names President Mo Tooker CEO effective March 1; Swift to executive chair
The Hartford Insurance Group laid out its next CEO handoff. In a Wednesday Form 8-K and press release, the insurer said President A. Morris “Mo” Tooker will become chief executive officer on March 1, 2027, succeeding Christopher Swift, who will move to executive chair and intends to leave that role in the second half of 2027. Tooker was also elected a director effective Oct. 1, 2026, and will join the Finance, Investment and Risk Management Committee without extra board pay.
Tooker, 57, has been president since Feb. 1, 2025, overseeing business and personal insurance, employee benefits, claims, risk services, and sales and distribution. He joined The Hartford in 2015 as chief underwriting officer after serving as president of General Reinsurance Corporation. Lead independent director Trevor Fetter framed the plan as preserving strategic continuity.
The board set Tooker’s target total annual compensation opportunity, effective March 1, 2027, at $12 million: $1.1 million base salary, a $2.75 million annual incentive target, and an $8.15 million long-term incentive target. Until the handoff, Swift continues as CEO on existing pay. As executive chair from March 1, 2027, he will receive a $1.2 million base salary, remain eligible for a 2027 AIP award with a $2.4 million target (prorated on company performance), and receive a 2027 LTI award with a $7.4 million target, per a transition agreement summarized in the 8-K.
By the numbers
- CEO effective date: March 1, 2027
- Tooker board start: Oct. 1, 2026
- Tooker target total comp: $12 million ($1.1M salary; $2.75M AIP; $8.15M LTI)
- Swift as executive chair base: $1.2 million; 2027 AIP target $2.4 million; 2027 LTI $7.4 million
- Swift expects to leave executive chair: second half of 2027
Sources
- The Hartford Insurance Group, Inc. Form 8-K (Items 5.02, 7.01), accepted Sept. 30, 2026 7:00:56 a.m. ET, accession 0000874766-26-000067
- The Hartford Insurance Group, Inc. Form 8-K Exhibit 99.1 (press release), accession 0000874766-26-000067
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
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