Last €33.32 EUR
Change Today +0.72 / 2.19%
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As of 8:46 AM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).

phoenix companies inc (PXC) Snapshot

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01/2/14 - €44.64
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phoenix companies inc (PXC) Details

The Phoenix Companies, Inc. provides life insurance and annuity products in the United States. It operates in two segments, Life and Annuity and Saybrus. The Life and Annuity segment offers individual life insurance and annuity products, including whole life, universal life, indexed universal life, and variable universal life, as well as fixed indexed annuities, fixed annuities, single premium immediate annuities, and variable annuities. The Saybrus segment provides life insurance and other consulting services to financial advisors in partner companies, as well as support for sales of its product line through independent distribution organizations. The Phoenix Companies, Inc. was founded in 1851 and is headquartered in Hartford, Connecticut.

600 Employees
Last Reported Date: 04/1/14
Founded in 1851

phoenix companies inc (PXC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $700.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $363.1K
Executive Vice President and Managing Princip...
Total Annual Compensation: $410.0K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $370.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $360.0K
Compensation as of Fiscal Year 2012.

phoenix companies inc (PXC) Key Developments

The Phoenix Companies Receives Notice From NYSE Due To Failure To Satisfy A Continued Listing Rule Or Standard And Related Monitoring

On April 2, 2014, The Phoenix Companies, Inc. received from the NYSE Regulation, Inc. (the "NYSE") a notice of failure to satisfy a continued listing rule or standard and related monitoring. This notice informed the Company that, as a result of its failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2013, it is subject to the procedures specified in Section 802.01E (SEC Annual Report Timely Filing Criteria) of the NYSE Listed Company Manual. As previously disclosed, the Company has not filed its 2013 Form 10-K in a timely manner because of a restatement of financial statements for prior periods. The 2013 Form 10-K was due April 1, 2014 after giving effect to a fifteen-day extension under Rule 12b-25 promulgated under the Securities Exchange Act of 1934, as amended. Under the Section 802.01E procedures, the NYSE will monitor the status of the filing of the 2013 Form 10-K and related public disclosures for up to a six-month period from its due date. If the Company has not filed the 2013 Form 10-K within six months from the filing due date, the NYSE may, in its sole discretion, allow the Company's common stock to trade for up to an additional six months pending the filing of the 2013 Form 10-K prior to commencing suspension or delisting procedures, depending on the Company's specific circumstances. The Company and its advisors are working expeditiously to complete the 2013 Form 10-K. The Company has previously announced its expectation to file the 2013 Form 10-K by June 4, 2014.

The Phoenix Companies Inc. - Special Call

To present information on the company's restatement, 2012 financial results and other matters

The Phoenix Companies Appoints Robert Schneider as Second Vice President of Compensation

The Phoenix Companies Inc. has appointed Robert Schneider as second vice president of compensation. Mr. Schneider reports to Jody A. Beresin, senior vice president, Administration, and will manage both general and executive compensation programs for the company. Mr. Schneider was previously director of global compensation and executive benefits at the Barnes Group. Earlier in his career, he held increasingly senior positions in compensation and benefits areas at UST Inc., Chemtura Corporation, Praxair Inc. and Southern New England Telephone.


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