Ayer retires from The Hartford
Ramani Ayer, chief executive of The Hartford Financial Services, has announced his retirement from the group, which he has headed since 1997 as part of a 36-year career. The financially unstable insurer is looking for a replacement. The Hartford was downgraded this year by Standard & Poor's amid management changes. David Johnson, who had been the company's chief financial officer, resigned in 2008 and earlier this year chief operating officer Thomas Marra announced he would step down and
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