Travelers 2008 Annual Report Download - page 266

Chief Underwriting Officer and Chief Operating Officer for National Accounts and was promoted to
President and CEO for National Accounts in 2000 and Commercial Accounts in 2005. Prior to that
time, he served as Regional Vice President of the Northeast Region from 1987 to 1997. He joined
Travelers in 1971, working in Commercial Lines Underwriting and Marketing on Long Island.
Samuel G. Liss, 52, has been Executive Vice President—Strategic Development since September
2006. From September 2006 to July 2008, he held the additional title of Executive Vice President—
Financial, Professional and International Insurance. Mr. Liss was Executive Vice President of Business
Development when he joined the Company in February 2003. In 2002, he advised SPC in connection
with its formation of Platinum Underwriters Holdings, Ltd, a NYSE-listed Bermuda reinsurance
company which succeeded SPC’s former assumed reinsurance operation. Mr. Liss served as Managing
Director in the Financial Institutions Group and Equity Research at Credit Suisse First Boston from
1994 to 2001.
William A. Bloom, 45, has been Executive Vice President—Insurance Operations and Systems since
May 2007. Prior to that, he was Senior Vice President and Chief Information Officer for the Company
since the Merger. In 2006, he was given the additional responsibility for Insurance Operations, which
includes the policyholder and agency service centers, underwriting support and policy processing,
agency operations and billing. Prior to joining Travelers as its Chief Information Officer in 2003,
Mr. Bloom was a partner in the Financial Services Practice at Accenture. He also served previously as
a Vice President at Hartford Life, responsible for business technology services.
Code of Ethics
The Company has adopted a Code of Business Conduct and Ethics (Code of Ethics) that applies
to all employees, including executive officers, and to directors. The Code of Ethics is available on the
Corporate Governance page of the Company’s internet website at www.travelers.com and is available in
print to any shareholder who requests it. If the Company ever were to amend or waive any provision of
its Code of Ethics that applies to the Company’s principal executive officer, principal financial officer,
principal accounting officer or any person performing similar functions, the Company intends to satisfy
its disclosure obligations with respect to any such waiver or amendment by posting such information on
its internet website set forth above rather than by filing a Form 8-K.
The following sections of the Company’s Proxy Statement relating to its Annual Meeting of
Shareholders to be held May 5, 2009 are incorporated herein by reference: ‘‘Item 1—Election of
Directors—Nominees for Election as Directors,’’ ‘‘Section 16(a) Beneficial Ownership Reporting
Compliance,’’ ‘‘Board of Directors Information’’ and ‘‘Shareholder Proposals for 2010 Annual
Meeting.’’
Item 11. EXECUTIVE COMPENSATION
The following sections of the Company’s Proxy Statement relating to its Annual Meeting of
Shareholders to be held May 5, 2009 are incorporated herein by reference: ‘‘Executive Compensation,’’
‘‘Tabular Executive Compensation Disclosure’’ and ‘‘Non-Employee Director Compensation.’’
Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
AND RELATED SHAREHOLDER MATTERS
The ‘‘Share Ownership Information’’ section of the Company’s Proxy Statement relating to its
Annual Meeting of Shareholders to be held May 5, 2009 is incorporated herein by reference.
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