The Phoenix Cos. Inc. says it will use the mandatory retirement of director Jerry J. Jasinowski as an opportunity to shrink the Hartford insurer and investment advisor’s board to 10 seats, a regulatory filing shows.
Jasinowski officially retired at Phoenix’s annual meeting last Friday and the company has decided not seat a replacement to fill the year left in his term, the company said in its 8-K filing with the Securities and Exchange Commission.
