Travelers 2012 Annual Report Download - page 273

William E. Cunningham, Jr., 47, has been Executive Vice President—Business Insurance since
March 2010. Prior to that, he served as Senior Vice President—Business Insurance where he was
responsible for Commercial Accounts, Construction, Technology, Public Sector Services, Global
Accounts, Excess Casualty and Oil & Gas since September 2007. In July 2006, he was named President
and CEO of Commercial Accounts. He had been promoted to President of National Accounts in 2005
and President of Travelers Construction in April 2001. Prior to that, Mr. Cunningham served as
Regional Vice President for the Northeast Region of National Accounts since July 1997, after serving
as Managing Director of the Northeastern territory for National Accounts since 1996. He began his
career with Travelers in 1987 as an account executive in the Commercial Accounts marketing
department in Albany, New York.
John P. Clifford, Jr., 57, has been Executive Vice President—Human Resources since May 2007,
and before that he was Senior Vice President—Human Resources of the Company since the Merger,
and from February 2002 until the Merger, he held that same office at SPC. From January 1994 through
February 2002 he managed compensation and benefits for SPC and was named Vice President in 1999.
He joined SPC in 1984 as a compensation analyst.
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. 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 22, 2013 are incorporated herein by reference: ‘‘Item 1—Election of
Directors—Nominees for Election of Directors,’’ ‘‘Section 16(a) Beneficial Ownership Reporting
Compliance’’ and ‘‘Board of Directors Information.’’
Item 11. EXECUTIVE COMPENSATION
The following sections of the Company’s Proxy Statement relating to its Annual Meeting of
Shareholders to be held May 22, 2013 are incorporated herein by reference: ‘‘Compensation Discussion
and Analysis,’’ ‘‘Compensation Committee Report,’’ ‘‘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 22, 2013 is incorporated herein by reference.
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