The Phoenix Companies, Inc. (NYSE:PNX) today announced that Robert E. Schneider has joined the company as second vice president, 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.

“Bob brings extensive experience in all aspects of compensation and executive benefits and is a great addition to Phoenix,” said Ms. Beresin.

Mr. Schneider has a bachelor’s degree in economics and American history from Connecticut College, an M.B.A. in marketing from the University of Connecticut, and a master’s degree in financial management from Fairfield University. He is a certified compensation professional (CCP) and senior human resources professional (SPHR), and he is a member of the Society for Human Resources Management and the National Association of Stock Plan Professionals.

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.