Travelers 2012 Annual Report Download - page 271

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,
2013.
Name Age Office
Jay S. Fishman ............ 60 Chairman of the Board of Directors and Chief Executive
Officer
Jay S. Benet .............. 60 Vice Chairman and Chief Financial Officer
Brian W. MacLean ......... 59 President and Chief Operating Officer
Charles J. Clarke ........... 77 Vice Chairman
William H. Heyman ......... 64 Vice Chairman and Chief Investment Officer
Alan D. Schnitzer .......... 47 Vice Chairman—Financial, Professional & International
Insurance and Field Management; Chief Legal Officer
Doreen Spadorcia .......... 55 Vice Chairman—Claim Services, Personal Insurance,
Operations and Systems, and Risk Control
Andy F. Bessette ........... 59 Executive Vice President and Chief Administrative Officer
Kenneth F. Spence, III ....... 57 Executive Vice President and General Counsel
Maria Olivo .............. 48 Executive Vice President—Strategic Development and
Corporate Treasurer
William E. Cunningham, Jr. . . 47 Executive Vice President—Business Insurance
John P. Clifford, Jr. ........ 57 Executive Vice President—Human Resources
Jay S. Fishman, 60, 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, 60, 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 ten 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).
Brian W. MacLean, 59, 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 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.
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