Mutual insurer LV= announced that its interim CEO Mark Hartigan will step down from this role as well as a member of the board.
The process to appoint a new, permanent, CEO underway, and Hartigan will remain in his interim role till his successor is found, according to LV=. Under his leadership, the mutual insurer had "strategically refocused away from mass market offerings" to focus on income and critical illness protection; low volatility investment solutions to support people up to and into their retirement; and bringing equity release as "a central pillar" of later life financial planning, according to Simon Moore, LV= chair, who will be leading the new CEO search process. Moore said: "Mark was engaged on ...
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