Travelers 2008 Annual Report Download - page 264

Item 9B. OTHER INFORMATION
On February 18, 2009, the Company amended its Bylaws to provide that its principal executive
office is at 485 Lexington Avenue, New York, NY 10017 rather than 385 Washington Street, Saint Paul,
MN 55102.
PART III
Item 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
Executive Officers of the Company
Set forth below is information concerning the Company’s executive officers as of February 19,
2009.
Name Age Office
Jay S. Fishman ......... 56 Chairman of the Board of Directors and Chief Executive Officer
Jay S. Benet ........... 56 Vice Chairman and Chief Financial Officer
Charles J. Clarke ....... 73 Vice Chairman
William H. Heyman ..... 60 Vice Chairman and Chief Investment Officer
Alan D. Schnitzer ....... 43 Vice Chairman, Chief Legal Officer and Executive Vice President—
Financial, Professional and International Insurance
Brian W. MacLean ...... 55 President and Chief Operating Officer
Andy F. Bessette ........ 55 Executive Vice President and Chief Administrative Officer
Kenneth F. Spence, III . . . 53 Executive Vice President and General Counsel
Doreen Spadorcia ....... 51 Executive Vice President—Claim Services
Joseph P. Lacher, Jr. .... 39 Executive Vice President—Personal Insurance and Select Accounts
John J. Albano ......... 59 Executive Vice President—Business Insurance
Samuel G. Liss ......... 52 Executive Vice President—Strategic Development
William A. Bloom ....... 45 Executive Vice President—Insurance Operations and Systems
Jay S. Fishman, 56, has been Chairman since September 2005 and Chief Executive Officer of the
Company since joining SPC in October 2001. He held the additional title of President from October
2001 until June 2008 and Chairman of SPC from October 2001 until the Merger. Mr. Fishman held
several key executive posts at Citigroup Inc. from 1998 to October 2001, including Chairman, Chief
Executive Officer and President of the Travelers insurance businesses. Starting in 1989, Mr. Fishman
worked as an executive for Primerica, which became part of Citigroup.
Jay S. Benet, 56, has been Vice Chairman and Chief Financial Officer since August 2005, and
before that, he was Executive Vice President and Chief Financial Officer of the Company since the
Merger, and from February 2002 until the Merger, he held those same offices at TPC. From March
2001 until January 2002, Mr. Benet was the worldwide head of financial planning, analysis and
reporting at Citigroup and Chief Financial Officer for Citigroup’s Global Consumer Europe, Middle
East and Africa unit between April 2000 and March 2001. Before that, Mr. Benet spent 10 years in
various executive positions with Travelers Life & Annuity, including Chief Financial Officer of Travelers
Life & Annuity and Executive Vice President, Group Annuity from December 1998 to April 2000, and
Senior Vice President Group Annuity from December 1996 to December 1998. Prior to joining
Travelers Life & Annuity, Mr. Benet was a partner of Coopers & Lybrand (now
PricewaterhouseCoopers).
Charles J. ‘‘Chuck’’ Clarke, 73, 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 TPC. Mr. Clarke
joined Travelers in 1958 as an assistant underwriter. During his tenure at Travelers, Mr. Clarke
progressed through positions of increasing responsibility. Of note, he was appointed Senior Vice
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