Travelers 2013 Annual Report Download - page 276

career with Travelers in 1987 as an account executive in the Commercial Accounts marketing
department in Albany, New York.
John P. Clifford, Jr., 58, 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 June 1984 as a compensation analyst, and from November 1984 to January 1994, he
managed compensation for SPC.
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 28, 2014 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 28, 2014 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 28, 2014 is incorporated herein by reference.
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