Travelers 2014 Annual Report Download - page 269

Table of Contents
William H. Heyman , 66, 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, 49, has been Vice Chairman and Chief Executive Officer, Business and International Insurance since July 2014. Prior to that,
he had been Vice Chairman—Financial, Professional & International Insurance and Field Management; Chief Legal Officer since May 2012. Prior to
that, he was 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.
Doreen Spadorcia, 57, has been Vice Chairman and Chief Executive Officer, Personal Insurance and Bond & Specialty Insurance since July
2014. Prior to that, she had been Vice Chairman—Claim Services, Personal Insurance, Operations and Systems, and Risk Control since May 2012.
Prior to that, she was Chief Executive Officer—Personal Insurance and Executive Vice President—
Claim Services, from July 2009 to May 2012. From
March 2005 to July 2009, she was Executive Vice President—Claim Services. Prior to that, she was President and Chief Executive Officer of Bond
operations for the Company since the Merger and, before that, for TPC since June 2002. From 1994 to May 2002, she managed the TPC Bond claim
operation and served as General Counsel of that business unit. She joined TIGHI in 1986 as a claim attorney.
Andy F. Bessette, 61, 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, 59, 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 General Counsel. Prior to that, Mr. Spence served in several leadership positions in the Company's
Legal Services group, and from April 1998 until the Merger, in SPC's Legal Services Group. Mr. Spence joined SPC in April 1998, upon SPC's merger
with USF&G Corporation, where he had served as legal counsel.
Maria Olivo, 50, has been Executive Vice President—Strategic Development and Corporate Treasurer since July 2010. Prior to that, she was
Executive Vice President—Treasurer since June 2009. Prior to that, she was Executive Vice President—Market Development since October 2007.
Since joining the company in 2002, Ms. Olivo has held a number of executive positions, including leading Corporate Development, Investor
Relations and Corporate Communications. Prior to joining Travelers in 2002, Ms. Olivo was deputy head of Strategic Investments at Swiss Re
Capital Partners from April 2000 to June 2002. Prior to that, she was a director in Salomon Smith Barney's Investment Bank.
John P. Clifford, Jr., 59, 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.
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