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    Alan D. Schnitzer

    Chairman of the Board and Chief Executive Officer at Travelers Companies Inc
    Board
    Since December 2015
    Age
    59 years
    Education
    Holds a legal background demonstrated by prior experience as a partner at a prominent law firm, though formal educational details are not provided.
    Tenure
    Joined TRV in 04-2007 as Vice Chairman and Chief Legal Officer, then progressed through several leadership roles including Executive Vice President and Chief Legal Officer before being promoted to Chief Executive Officer in December 2015 and subsequently becoming Chairman of the Board in August 2017.

    Also at Travelers Companies Inc

    AFB
    Andy F. Bessette
    Executive Vice President and Chief Administrative Officer
    AJK
    Avrohom J. Kess
    Vice Chairman and Chief Legal Officer
    DSF
    Daniel S. Frey
    Executive Vice President and Chief Financial Officer

    About

    Alan D. Schnitzer is a seasoned leader with extensive experience in the insurance industry, serving as the Chairman of the Board and Chief Executive Officer at TRV. At 59 years old, he has demonstrated a strong foundation in legal and financial management that has shaped his professional journey.

    Beginning his career at TRV in April 2007 as Vice Chairman and Chief Legal Officer, he quickly ascended through various roles. His leadership encompassed responsibilities as Executive Vice President and Chief Legal Officer, reflecting his ability to navigate complex regulatory and financial challenges.

    His dedication and expertise culminated in his appointment as Chief Executive Officer in December 2015, followed by his promotion to Chairman of the Board in August 2017. Throughout his tenure, he has played a crucial role in strategizing and steering the company through significant market changes, all while contributing to philanthropic and cultural initiatives through active board and trustee roles.

    With a commitment to operational excellence and community engagement, his career at TRV not only highlights his leadership in the corporate arena but also underscores his impact on broader societal and cultural endeavors.

    $TRV Performance Under Alan D. Schnitzer

    Past Roles

    OrganizationRoleDate RangeDetails
    TRV Vice Chairman and Chief Executive Officer, Business and International Insurance July 2014 to December 2015 N/A
    TRV Vice Chairman - Financial, Professional & International Insurance and Field Management; Chief Legal Officer May 2012 to July 2014 N/A
    TRV Vice Chairman and Chief Legal Officer and Executive Vice President - Financial, Professional and International Insurance May 2008 to May 2012 N/A
    TRV Vice Chairman and Chief Legal Officer April 2007 to May 2008 N/A
    Simpson Thacher & Bartlett LLP Partner N/A Pre-TRV role

    External Roles

    OrganizationRoleDate Range
    University of Pennsylvania Trustee N/A
    Memorial Sloan Kettering Cancer Center Trustee N/A
    New York City Ballet Director N/A
    ReadyCT Director N/A

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,450,000 AnnualFixed annual salary
    Pension Service Cost$295,500 AnnualActuarial present value of benefits accrued in 2023
    All Other Compensation$327,794 AnnualIncludes Personal use of a company car and driver: $26,183; Personal security expenses: $243,788; Tax and financial planning services: $18,073; Incremental cost for personal travel on company aircraft: $25,680

    Performance Compensation

    Data from  FY 2023

    No information available on performance compensation for 2023