Travelers 2010 Annual Report Download - page 263

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, 58, 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, 75, 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
President for the National Accounts Group’s property-casualty business in 1985 and subsequently
assumed the responsibility of Chairman of Commercial Lines in 1990.
William H. Heyman, 62, has been Chief Investment Officer of the Company since the Merger and
Vice Chairman since May 2005. Prior to May 2005, he was Executive Vice President and Chief
Investment Officer of the Company since the Merger. Prior to the Merger, he held those same offices
with SPC since he joined SPC 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 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.
Alan D. Schnitzer, 45, has been Vice Chairman and Chief Legal Officer since joining the Company
in April 2007 and Executive Vice President—Financial, Professional and International Insurance since
May 2008. Prior to that time, he was a partner at the law firm of Simpson Thacher & Bartlett LLP,
where he advised corporate clients on a variety of transactions and general corporate law matters.
Mr. Schnitzer joined Simpson Thacher in 1991.
Brian W. MacLean, 57, has been Chief Operating Officer since May 2005 and President since June
2008. Prior to that, he had been 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 Lines.
He joined TIGHI in 1988.
Andy F. Bessette, 57, 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, 55, 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
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