Hartford’s chief investment strategist jumps ship for Prudential Annuities
In her newly created position, Ms. Krosby will share her perspectives on the financial markets and the economy with clients, financial professionals and individual investors.
Quincy Krosby has left her post as chief investment strategist at The Hartford (Conn.) Financial Services Group, moving to rival Prudential Annuities.
Shelton, Conn.-based Prudential Annuities named her chief market strategist today.
Prudential Annuities is the domestic annuity business of Newark, N.J.-based Prudential Financial Inc.
In her newly created position, Ms. Krosby will share her perspectives on the financial markets and the economy with clients, financial professionals and individual investors. She will report to Timothy Cronin, head of investment management for Prudential Annuities.
Ms. Krosby’s is among the most recent departures from The Hartford, following the exit of chief executive Ramani Ayer last week and the departure of chief operating officer Thomas Marra in February.
Hartford is experiencing a “meaningful management vacuum,” New York-based Citigroup analyst Joshua Shanker wrote in a recent research note.
The revolving door in the C-suite at The Hartford was one of the reasons the analyst cited when he downgraded the firm’s stock to “hold” from “buy” on Tuesday.
A call to The Hartford seeking comment was not immediately returned.
Learn more about reprints and licensing for this article.
