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Travelers Companies Inc (TRV.N)

TRV.N on New York Stock Exchange

144.73USD
23 Aug 2019
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Summary

Name Age Since Current Position

Alan Schnitzer

53 2017 Chairman of the Board, Chief Executive Officer

Avrohom Kess

50 2016 Vice Chairman and Chief Legal Officer

William Heyman

70 2005 Vice Chairman, Chief Investment Officer

Jay Benet

66 2018 Vice Chairman

Daniel Frey

54 2018 Chief Financial Officer, Executive Vice President

Diane Bengston

63 2018 Chief Enterprise Human Resource Officer, Executive Vice President

Andy Bessette

65 2004 Executive Vice President, Chief Administrative Officer

Mojgan Lefebvre

53 2018 Executive Vice President, Chief Information Officer, Enterprise Operations and eBusiness

Michael Klein

51 2016 Executive Vice President and President - Personal Insurance, Head of Enterprise Business Intelligence & Analytics

Thomas Kunkel

60 2015 Executive Vice President and President - Bond & Specialty Insurance

Maria Olivo

54 2018 Executive Vice President - Strategic Development and President, International

Gregory Toczydlowski

52 2016 Executive Vice President and President - Business Insurance

John Dasburg

75 2017 Independent Lead Director

Alan Beller

69 2007 Independent Director

Janet Dolan

69 2001 Independent Director

Kenneth Duberstein

74 1998 Independent Director

Patricia Higgins

69 2007 Independent Director

William Kane

68 2012 Independent Director

Clarence Otis

62 2017 Independent Director

Philip Ruegger

69 2014 Independent Director

Todd Schermerhorn

58 2016 Independent Director

Donald Shepard

72 2009 Independent Director

Laurie Thomsen

61 2004 Independent Director

Gabriella Nawi

IR Contact Officer

Biographies

Name Description

Alan Schnitzer

Mr. Alan D. Schnitzer serves as Chairman of the Board, Chief Executive Officer of The Travelers Companies, Inc. He previously served as Vice Chairman and Chief Executive Officer, Business and International Insurance from July 2014 to December 2015. Mr. Schnitzer was Vice Chairman—Financial, Professional & International Insurance, Field Management and Chief Legal Officer from May 2012 until July 2014, and he was Vice Chairman and Chief Legal Officer and Executive Vice President—Financial, Professional & International Insurance from May 2008 until May 2012. He was Vice Chairman and Chief Legal Officer from April 2007 until May 2008. Prior to joining the Company, he was a partner at the law firm of Simpson Thacher & Bartlett LLP.

Avrohom Kess

Mr. Avrohom J. Kess is Vice Chairman and Chief Legal Officer of the company. He has been Vice Chairman and Chief Legal Officer since December 2016. Prior to that, Mr. Kess was a partner, member of the Corporate Department and Head of the Public Company Advisory Practice at the law firm of Simpson Thacher & Bartlett LLP, which he joined in 1995.

William Heyman

Mr. William H. Heyman is Vice Chairman, Chief Investment Officer of the Company. He has been Vice Chairman and Chief Investment Officer since May 2005. He previously served as Executive Vice President and Chief Investment Officer from May 2002. Mr. Heyman held various positions with Citigroup from 1995 until 2002, including the position of chairman of Citigroup Investments from 2000 until 2002. Prior to joining Citigroup in 1995, Mr. Heyman was, successively: a managing director of Salomon Brothers; Director of the Division of Market Regulation of the U.S. Securities and Exchange Commission; and a managing director of Smith Barney.

Jay Benet

Mr. Jay S. Benet is Vice Chairman of the Company. He has been Vice Chairman since September 2018. Prior to that, he was Vice Chairman and Chief Financial Officer since August 2005. He previously served as Executive Vice President and Chief Financial Officer of the Company from April 2004, and held the same position at Travelers Property Casualty Corp. from February 2002. Mr. Benet was the worldwide head of financial planning, analysis and reporting at Citigroup from March 2001 until January 2002, and Chief Financial Officer for Citigroup’s Global Consumer Europe, Middle East and Africa unit from April 2000 until March 2001. Previously, he spent ten years in various positions with Travelers Life & Annuity, including Chief Financial Officer of Travelers Life & Annuity and Executive Vice President, Group Annuity. Prior to joining Travelers Life & Annuity, Mr. Benet was a partner of Coopers & Lybrand (now PricewaterhouseCoopers).

Daniel Frey

Mr. Daniel S. Frey has been appointed as Chief Financial Officer, Executive Vice President of the Company, effective September 1, 2018. Mr. Frey has been Executive Vice President and Chief Financial Officer since August 2018. Mr. Frey has held various financial management roles since joining a predecessor to the Company in 2003, including Senior Vice President and Chief Financial Officer, Personal Insurance from September 2014 to August 2018, Senior Vice President Finance, Business Insurance from August 2010 to September 2014 and Senior Vice President and Chief Financial Officer, Claim Services from June 2006 to August 2010. Prior to that, Mr. Frey held the position of Chief Financial Officer at Spalding Sports Worldwide from 1999 to 2003 and held various financial management positions at Duracell International, Inc. from 1994 to 1999. Mr. Frey began his career at Deloitte in 1986.

Diane Bengston

Ms. Diane D. Bengston is Chief Enterprise Human Resource Officer, Executive Vice President of the company. She has been Executive Vice President and Chief Enterprise Human Resources Officer since March 2018. Prior to that, she was Executive Vice President, Enterprise Human Resources from October 2016. Ms. Bengston previously held various management positions since 1979 with the Company and a predecessor, including leading Enterprise Diversity and Inclusion and Talent Management.

Andy Bessette

Mr. Andy F. Bessette is Executive Vice President, Chief Administrative Officer of the Company. Mr. Bessette has been Executive Vice President and Chief Administrative Officer since January 2002. Mr. Bessette previously held various management positions with predecessors of the Company since 1980, including Vice President, Corporate Real Estate and Services at Travelers Property Casualty Corp.

Mojgan Lefebvre

Ms. Mojgan M. Lefebvre is Executive Vice President, Chief Information Officer, Enterprise Operations and eBusiness of the Company. Ms. Lefebvre has been Executive Vice President and Chief Information Officer, Enterprise Operations and eBusiness since joining the Company in September 2018. Prior to that, Ms. Lefebvre held various information technology roles at Liberty Mutual, where she was most recently Senior Vice President and Chief Information Officer for the Global Risk Solutions business, from 2010 to 2018, at bioMerieux from 2007 to 2010 and at TeleTech Holdings from 2004 to 2007.

Michael Klein

Mr. Michael F. Klein is Executive Vice President and President - Personal Insurance, Head of Enterprise Business Intelligence & Analytics of the company. He has been Executive Vice President and President, Personal Insurance, and Head of Enterprise Business Intelligence & Analytics since May 2016. He previously served as Executive Vice President and President, Personal Insurance from July 2015, Executive Vice President and Co-President, Business Insurance from July 2014, Executive Vice President, Middle Market from November 2012, President of Middle Market from March 2010, President of Commercial Accounts from September 2007, and Senior Vice President, Industry and Product Group from June 2007. Prior to that, Mr. Klein held various positions with the Company since 1990.

Thomas Kunkel

Mr. Thomas M. Kunkel is Executive Vice President and President - Bond & Specialty Insurance of the company. He has been Executive Vice President and President of Bond & Specialty Insurance since May 2015. He previously served as President of the Bond & Financial Products organization from 2005. Prior to that, Mr. Kunkel held various positions with the Company or its predecessors since 1984, including Regional Chief Underwriting Officer for Bond's Construction Surety business, head of Bond's field management organization, and head of Bond's Commercial Surety business.

Maria Olivo

Ms. Maria Olivo is Executive Vice President - Strategic Development and President, International of the company. She has been Executive Vice President, Strategic Development and President, International since October 2018. Prior to that, she was Executive Vice President, Strategic Development and Corporate Treasurer since July 2010. She previously served as Executive Vice President and Treasurer from June 2009 and Executive Vice President, Market Development from October 2007. Prior to that Ms. Olivo held various positions with the Company or its predecessors since 2002, including leading Corporate Development, Investor Relations and Corporate Communications. Ms. Olivo was deputy head of Strategic Investments at Swiss Re Capital Partners from April 2000 until June 2002. Prior to joining Swiss Re Capital Partners, she was a director in Salomon Smith Barney’s Investment Bank.

Gregory Toczydlowski

Mr. Gregory C. Toczydlowski is Executive Vice President and President - Business Insurance of the Company. He has been Executive Vice President and President of Business Insurance since June 2016. He previously served as Executive Vice President and President, Small Commercial and Business Insurance Technology and Operations from July 2015 and Executive Vice President and President of Personal Insurance from July 2009. Prior to that, Mr. Toczydlowski held various positions with the Company or its predecessors since 1990, including Chief Operating Officer of Personal Insurance and Chief Financial Officer for the independent agency distribution channel within Personal Insurance.

John Dasburg

Mr. John H. Dasburg serves as Independent Lead Director of the Company. Mr. Dasburg, 75, has been Chairman and Chief Executive Officer of ASTAR USA, LLC, a holding company investing in aviation operations, since April 2003. He served as Chairman, Chief Executive Officer and President of Burger King Corporation from April 2001 through January 2003. Mr. Dasburg served as President and Chief Executive Officer of Northwest Airlines from 1989 through March 2001. From 1980 to 1989, he held a number of positions at Marriott Corporation, including President of The Lodging Group, Chief Financial Officer and Chief Real Estate Officer. From 1973 to 1980, Mr. Dasburg was employed by KPMG Peat Marwick, serving as a Tax Partner from 1978 to 1980.

Alan Beller

Mr. Alan L. Beller is Independent Director of the Company. Mr. Beller, is Senior Counsel of the law firm of Cleary Gottlieb Steen & Hamilton LLP (“Cleary”), based in the New York City office. Mr. Beller joined Cleary in 1976 and was a partner in the firm from 1984 through 2001. From 2002 to 2006, he served as the Director of the Division of Corporation Finance of the SEC and as Senior Counselor to the SEC. He returned to Cleary in August 2006 and was a partner in the firm until 2014 when he became Senior Counsel.

Janet Dolan

Ms. Janet M. Dolan is Independent Director of the Company. Ms. Dolan has been President of Act 3 Enterprises, LLC, a consulting services company, since August 2006. She served as President and Chief Executive Officer of Tennant Company, a manufacturer of nonresidential floor maintenance equipment and products, from April 1999 until her retirement in December 2005, and she had served in a number of senior executive positions with Tennant Company from 1986 until April 1999. Prior to joining Tennant Company, Ms. Dolan was a director of the Minnesota Lawyers’ Professional Responsibility Board. Ms. Dolan was a director of Wenger Corporation until December 2018 and a director of Donaldson Company, Inc. until November 2014.

Kenneth Duberstein

Mr. Kenneth M. Duberstein is Independent Director of the Company. Mr. Duberstein has been Chairman and Chief Executive Officer of The Duberstein Group, Inc., a strategic advisory and consulting firm, since 1989. Previously, Mr. Duberstein served as Chief of Staff to President Ronald Reagan from 1988 to 1989 and as Deputy Chief of Staff during 1987. From 1984 to 1986, Mr. Duberstein was Vice President of Timmons & Company in Washington, D.C. Prior to that, he held the White House position as Assistant to the President, Legislative Affairs from 1981 to 1983. From 1977 to 1980, Mr. Duberstein was Vice President of the Committee for Economic Development. He serves as Chairman of the Harvard Institute of Politics at the Kennedy School of Government, is a director of the Brookings Institution and the National Alliance to End Homelessness and is a lifetime trustee for the Kennedy Center for the Performing Arts. Mr. Duberstein is also a director of The Boeing Company and Mack-Cali Realty Corp. Mr. Duberstein also served as a director of ConocoPhillips until April 2012 and Dell Inc. until October 2013.

Patricia Higgins

Ms. Patricia L. Higgins is Independent Director of the Company. Ms. Higgins served as President and Chief Executive Officer of Switch and Data Facilities, Inc., a provider of neutral interconnection and collocation services, from September 2000 until her retirement in February 2004. In 1999 and 2000, Ms. Higgins served as Executive Vice President of the Gartner Group and Chairman and Chief Executive Officer of the Research Board, a segment of the Gartner Group. From 1997 to 1999, she served as Corporate Vice President and Chief Information Officer of Alcoa Inc., and from 1995 to 1997, she served as Vice President and President (Communications Market Business Unit) of Unisys Corporation. From 1977 to 1995, she served in various managerial positions, including as Corporate Vice President and Group Vice President (State of New York) for Verizon (NYNEX) and Vice President, International Sales Operations (Lucent) for AT&T Corporation/Lucent.

William Kane

Mr. William J. Kane is Independent Director of the Company. Mr. Kane served as an audit partner with Ernst & Young for 25 years until his retirement in 2010, during which time he specialized in providing accounting, auditing and consulting services to the insurance and financial services industries. Prior to that he served in various auditing roles with Ernst & Young.

Clarence Otis

Mr. Clarence Otis Jr., is Independent Director of the Company. Mr. Otis, served as Chairman and Chief Executive Officer of Darden Restaurants, Inc., the largest company-owned and operated full-service restaurant company in the world. He became Darden’s Chief Executive Officer in 2004, assumed the additional role of Chairman in 2005 and served in both capacities until his retirement in 2014. Mr. Otis joined Darden Restaurants, Inc. in 1995 and served in various roles with Darden, including Vice President and Treasurer, and Senior Vice President and Chief Financial Officer.

Philip Ruegger

Mr. Philip T. Ruegger III, is Independent Director of the Company. Mr. Ruegger, served as Chairman of the Executive Committee of the law firm Simpson Thacher & Bartlett LLP from 2004 until his retirement in 2013. He was a member of the firm’s executive committee from 1993 through June 2013. Mr. Ruegger joined Simpson Thacher & Bartlett LLP in 1974 and became a partner in 1981. At Simpson Thacher & Bartlett LLP, he advised clients on mergers and acquisitions, corporate governance, investigations, corporate finance and general corporate and securities law matters.

Todd Schermerhorn

Mr. Todd C. Schermerhorn is Independent Director of the Company. Mr. Schermerhorn, served as Senior Vice President and Chief Financial Officer of C. R. Bard, Inc., a multinational developer, manufacturer and marketer of life-enhancing medical technologies, from 2003 until his retirement in 2012. Prior to that, he had been Vice President and Treasurer of C. R. Bard from 1998 to 2003. From 1985 to 1998, Mr. Schermerhorn held various other management positions with C. R. Bard.

Donald Shepard

Mr. Donald J. Shepard is Independent Director of the Company., since December 9, 2009. Mr. Shepard, served as Chairman of the Executive Board and Chief Executive Officer of AEGON N.V., an international life insurance and pension company, from April 2002 until his retirement in April 2008. Prior to that, he served as Chief Executive Officer of AEGON USA since 1989, and in 1992, he became a member of the Executive Board of AEGON N.V.

Laurie Thomsen

Ms. Laurie J. Thomsen is Independent Director of the Company., since April 1, 2004. Ms. Thomsen, served as an Executive Partner of New Profit, Inc., a venture philanthropy firm, from 2006 to 2010, and she served on its board from 2001 to 2006. Prior to that, from 1995 to 2004, she was a co-founder, General Partner and Retiring General Partner of Prism Venture Partners, a venture capital firm investing in healthcare and technology companies. From 1984 until 1995, she worked at the venture capital firm Harbourvest Partners in Boston, where she was a General Partner from 1988 until 1995. Ms. Thomsen was in commercial lending at U.S. Trust Company of New York from 1979 until 1984.

Gabriella Nawi