Business Services Industry

Executive at Hartford, Conn.-Based Phoenix Resigns.

Knight Ridder/Tribune Business News, October, 2003

By Diane Levick, The Hartford Courant, Conn. Knight Ridder/Tribune Business News

Oct. 18--Sue Ann Collins, hired by The Phoenix Cos. Inc. as executive vice president of life and annuity products and operations, has resigned "for personal reasons" after less than six months on the job.

The resignation, which is effective Oct. 31, was disclosed in a federal securities filing by the troubled Hartford-based company late Friday.

In a memo to employees Friday, company chief executive Dona D. Young said Collins is leaving for "personal reasons," but did not elaborate.

Company spokeswoman Alice Ericson also declined to discuss the reasons, and Collins could not be reached for comment.

"During her time with us," Young told...

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