Travelers 2006 Annual Report Download - page 260

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Officer for Citigroup from 1998 to May 2002 and held other positions ofincreasing responsibility since
joining Citigroup in1987. He joined Citigroup from Arthur Young & Co. (now Ernst & Young) where he
was a partner for 18 years.
Charles J. “Chuck” Clarke, 71, has been Vice Chairman of the Company since the Merger at which
time he was serving in the roles of President, Vice Chairman and Director of Travelers Property Casualty
Corp. Mr. Clarke joined Travelers in 1958 as an assistant underwriter. During his tenure at Travelers,
Mr. Clarke progressed throughpositions of increasing responsibility. Of note, he was appointed Senior
Vice President for the National Accounts Group’s property-casualty business in 1985 andsubsequently
took on responsibility as Chairman of Commercial Lines in 1990.
William H. Heyman, 58, has been Vice Chairman since May 2005, and before that, he was Executive
Vice President and Chief Investment Officer of the Company since the Merger. Prior to the Merger, he
held the same offices with SPC since he joinedSPC in May 2002. Mr. Heyman held various executive
positions with Citigroup from 1995 through 2002, including the position of chairman of Citigroup
Investments from 2000 to 2002. Prior to joining Citigroup in 1995, Mr. Heyman was, successively, a
managing directorof SalomonBrothers; Directorof theDivision of Market Regulation of the U.S.
Securities and Exchange Commission; and a managing director of Smith Barney.
Brian W.MacLean, 53, hasbeen Executive Vice President and Chief Operating Officer since
May 2005. Prior to that, he had been Co-Chief Operating Officer of the Company since February 1, 2005.
Before that, he was Executive Vice President, Claim Services for the Company, and prior thereto, for TPC.
Prior to that, Mr. MacLean served as President of Select Accounts for TIGHI from July 1999 to
January 2002. He also served as Chief Financial Officer of Claim Services from March 1993 to June 1996 .
From June 1996 to July 1999, Mr. MacLean was Chief Financial Officer for Commercial. He joined TIGHI
in 1988.
Andy F. Bessette, 53, has been Executive Vice President and Chief Administrative Officer of the
Company since the Merger, and prior to that, he held the same offices with SPC since joining SPC in
January 2002. Before that, he was vice president of Corporate Real Estate and Services for TPC. From
1980 to December 2001, Mr. Bessette held a number of management positions at TIGHI.
Kenneth F. Spence, III,51,has been Executive Vice President and General Counsel of the Company
since January 2005. From August 2004 to January 2005, he was Senior Vice President and General
Counsel. Prior to that, Mr. Spence served in several leadership positions in the Company’s Legal Services
group, and from April 1998 until the Merger, in SPC’s Legal Services Group. Mr. Spence joined SPC in
April 1998, upon SPC’s merger with USF&G Corporation, where he had servedas legal counsel.
Doreen Spadorcia, 49, has been Executive Vice President—Claim, since March 2, 2005. Prior to that,
she was President and Chief Executive Officer of Bond operations for the Company since the Merger and,
before that, for TPC since June 2002. From 1994 to May 2002, shemanaged the TPC Bond claim
operation and served as General Counsel of that business unit. She joined TIGHI in 1986 as a claim
attorney.
Joseph P. Lacher, Jr.,37, has been Executive Vice President of Personal Insurancefor the Company
since January 2005 and prior to that, he had been Senior Vice President of the Company in charge of those
operations. Prior to the Merger, he was Executive Vice President—Personal for TPC. Before that, he was
Senior Vice President of Product & Actuarial for TPC’s Personal insurance operations since April 2001.
Mr. Lacher was Senior Vice President of Personal Strategic Distribution for TIGHI from April 1999 to
April 2001, and from April 1996 to April 1999, he was Chief Financial Officer of Select Accounts.
Mr. Lacher joined TIGHI in 1991.
John J. Albano,57, has been Executive Vice President of the Company since November 2005, and he
is currently Executive Vice President for Business Insurance. In 1998 he assumed the position of Chief