Mark Griffin Joins The Phoenix Companies, Inc. as Executive Vice President and Chief Risk Officer

The Phoenix Companies, Inc. (NYSE:PNX) today announced that Mark Griffin has joined the company as executive vice president and chief risk officer.

Mr. Griffin is responsible for overall leadership, vision and direction for enterprise risk management. He reports to James D. Wehr, president and chief executive officer.

“Mark will help Phoenix enhance our current enterprise risk structure and lead this strategic function to support the business going forward. I am excited to add someone with Mark’s extensive experience and capability to our senior management team,” said Mr. Wehr.

Mr. Griffin was previously head of financial planning and analysis for Mass Mutual Financial. Prior to that, he served as chief investment officer and chief risk officer for Genworth Financial, chief risk manager for GE Insurance and held senior positions at Goldman Sachs and Morgan Stanley.

Mr. Griffin earned a bachelor’s degree in mathematics from the University of Waterloo, Ontario and holds the following professional designations: Fellow, Society of Actuaries, Financial Risk Manager, Chartered Financial Analyst, Certified Enterprise Risk Analyst, Society of Actuaries, and Professional Risk Manager.

ABOUT PHOENIX

The Phoenix Companies, Inc. (NYSE:PNX) helps financial professionals provide solutions, including income strategies and insurance protection, to families and individuals planning for or living in retirement. Founded as a life insurance company in 1851, Phoenix offers products and services designed to meet financial needs in the middle income and mass affluent markets. Its distribution subsidiary, Saybrus Partners, Inc. offers solutions-based sales support to financial professionals and represents Phoenix’s products among key distributors, including independent marketing organizations and brokerage general agencies. Phoenix is headquartered in Hartford, Connecticut, and its principal operating subsidiary, Phoenix Life Insurance Company, has its statutory home office in East Greenbush, New York. For more information, visit www.phoenixwm.com.