Travelers Companies Management

Management criteria checks 3/4

Travelers Companies' CEO is Alan Schnitzer, appointed in Dec 2015, has a tenure of 8.92 years. total yearly compensation is $22.73M, comprised of 6.4% salary and 93.6% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth $56.63M. The average tenure of the management team and the board of directors is 7.2 years and 4 years respectively.

Key information

Alan Schnitzer

Chief executive officer

US$22.7m

Total compensation

CEO salary percentage	6.4%
CEO tenure	8.9yrs
CEO ownership	0.1%
Management average tenure	7.2yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alan Schnitzer's remuneration changed compared to Travelers Companies's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$5b
Jun 30 2024	n/a	n/a	US$4b
Mar 31 2024	n/a	n/a	US$3b
Dec 31 2023	US$23m	US$1m	US$3b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$3b
Dec 31 2022	US$21m	US$1m	US$3b
Sep 30 2022	n/a	n/a	US$3b
Jun 30 2022	n/a	n/a	US$4b
Mar 31 2022	n/a	n/a	US$4b
Dec 31 2021	US$20m	US$1m	US$4b
Sep 30 2021	n/a	n/a	US$4b
Jun 30 2021	n/a	n/a	US$4b
Mar 31 2021	n/a	n/a	US$3b
Dec 31 2020	US$19m	US$1m	US$3b
Sep 30 2020	n/a	n/a	US$2b
Jun 30 2020	n/a	n/a	US$2b
Mar 31 2020	n/a	n/a	US$2b
Dec 31 2019	US$17m	US$1m	US$3b
Sep 30 2019	n/a	n/a	US$2b
Jun 30 2019	n/a	n/a	US$3b
Mar 31 2019	n/a	n/a	US$3b
Dec 31 2018	US$15m	US$1m	US$3b
Sep 30 2018	n/a	n/a	US$2b
Jun 30 2018	n/a	n/a	US$2b
Mar 31 2018	n/a	n/a	US$2b
Dec 31 2017	US$15m	US$1m	US$2b

Compensation vs Market: Alan's total compensation ($USD22.73M) is above average for companies of similar size in the CL market ($USD5.83M).

Compensation vs Earnings: Alan's compensation has been consistent with company performance over the past year.

CEO

Alan Schnitzer (58 yo)

8.9yrs

Tenure

US$22,730,072

Compensation

Mr. Alan David Schnitzer is Chairman and CEO of The Travelers Indemnity Company. He serves as Chairman of the Board of The Travelers Companies, Inc. since August 1, 2017 and serves as its Chief Executive O...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alan Schnitzer	Chairman & CEO	8.9yrs	US$22.73m	0.10% $ 56.0m
Daniel Frey	Executive VP & CFO	6.2yrs	US$5.74m	0.0082% $ 4.5m
Avrohom Kess	Vice Chairman & Chief Legal Officer for Travelers	7.9yrs	US$7.02m	0.018% $ 9.7m
Michael Klein	Executive VP & President of Personal Insurance	18.4yrs	US$6.67m	no data
Gregory Toczydlowski	Executive VP & President of Business Insurance	15.3yrs	US$7.38m	0.0082% $ 4.5m
Mojgan Lefebvre	Executive VP	5.5yrs	no data	no data
David Rowland	Executive VP & Co-Chief Investment Officer	5.3yrs	no data	0.012% $ 6.8m
Daniel Yin	Executive VP & Co-Chief Investment Officer	5.3yrs	no data	0.026% $ 14.3m
Paul Munson	Senior VP of Finance	1.4yrs	no data	0.00032% $ 176.4k
Andy Bessette	Executive VP & Chief Administrative Officer	22.8yrs	no data	0.0082% $ 4.5m
Abbe Goldstein	Senior Vice President of Investor Relations	6.5yrs	no data	no data
Lisa Caputo	Executive VP	7.9yrs	no data	no data

7.2yrs

Average Tenure

58yo

Average Age

Experienced Management: TRV's management team is seasoned and experienced (7.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alan Schnitzer	Chairman & CEO	8.9yrs	US$22.73m	0.10% $ 56.0m
Laurie Thomsen	Independent Director	20.6yrs	US$314.94k	0.00085% $ 468.5k
Todd Schermerhorn	Independent Lead Director	8.5yrs	US$397.96k	no data
Clarence Otis	Independent Director	7.3yrs	US$344.94k	no data
Thomas Leonardi	Independent Director	3.5yrs	US$314.94k	no data
David Williams	Independent Director	less than a year	no data	no data
Elizabeth Beshel E. Robinson	Independent Director	4.5yrs	US$339.94k	no data
Bridget van Kralingen	Independent Director	2.8yrs	US$314.94k	no data
Rafael Santana	Independent Director	2.8yrs	US$314.94k	no data
Russell Golden	Independent Director	1.5yrs	US$261.63k	no data

4.0yrs

Average Tenure

61yo

Average Age

Experienced Board: TRV's board of directors are considered experienced (4 years average tenure).

Travelers Companies Management

Management criteria checks 3/4

Key information

Recent management updates

Chairman & CEO recently sold US$13m worth of stock

Executive VP & CFO recently sold US$1.1m worth of stock

The Travelers Companies, Inc., Annual General Meeting, May 15, 2024

Executive VP recently sold US$1.4m worth of stock

Insider recently sold US$998k worth of stock

Executive VP recently sold US$496k worth of stock

Recent updates

AppFolio, Inc. (NasdaqGM : APPF) acquired LiveEasy from a group of shareholders.

Chairman & CEO recently sold US$13m worth of stock

Third quarter dividend of US$1.05 announced

Third quarter 2024 earnings released: EPS: US$5.54 (vs US$1.75 in 3Q 2023)

The Travelers Companies, Inc. Declares Quarterly Dividend, Payable on December 31, 2024

The Travelers Companies, Inc. to Report Q3, 2024 Results on Oct 17, 2024

Upcoming dividend of US$1.05 per share

Investor sentiment improves as stock rises 21%

The Travelers Companies, Inc. Introduces Quantum Boat 2.0

Second quarter 2024 earnings released: EPS: US$2.31 (vs US$0.065 loss in 2Q 2023)

Second quarter dividend of US$1.05 announced

The Travelers Companies, Inc. Declares Quarterly Dividend, Payable on September 30, 2024

The Travelers Companies, Inc. to Report Q2, 2024 Results on Jul 19, 2024

Upcoming dividend of US$1.05 per share

Executive VP & CFO recently sold US$1.1m worth of stock

First quarter dividend of US$1.05 announced

First quarter 2024 earnings released: EPS: US$4.90 (vs US$4.18 in 1Q 2023)

The Travelers Companies, Inc. Declares Regular Quarterly Dividend, Payable on June 28, 2024

The Travelers Companies, Inc., Annual General Meeting, May 15, 2024

The Travelers Companies, Inc. to Report Q1, 2024 Results on Apr 17, 2024

Upcoming dividend of US$1.00 per share

Executive VP recently sold US$1.4m worth of stock

Full year 2023 earnings released: EPS: US$12.93 (vs US$11.91 in FY 2022)

New major risk - Share price stability

The Travelers Companies, Inc. Declares Quarterly Dividend, Payable on March 29, 2024

The Travelers Companies, Inc. to Report Q4, 2023 Results on Jan 19, 2024

Upcoming dividend of US$1.00 per share at 2.3% yield

Investor sentiment improves as stock rises 18%

The Travelers Companies, Inc. (NYSE:TRV) agreed to acquire Corvus Insurance Holdings, Inc. for approximately $440 million.

Third quarter 2023 earnings released: EPS: US$1.77 (vs US$1.91 in 3Q 2022)

The Travelers Companies, Inc. Declares Quarterly Dividend, Payable on December 29, 2023

The Travelers Companies, Inc. to Report Q3, 2023 Results on Oct 18, 2023

Upcoming dividend of US$1.00 per share at 2.5% yield

the Travelers Companies, Inc. Declares Regular Quarterly Dividend, Payable on September 29, 2023

Second quarter 2023 earnings released: US$0.061 loss per share (vs US$2.29 profit in 2Q 2022)

The Travelers Companies, Inc. to Report Q2, 2023 Results on Jul 20, 2023

Upcoming dividend of US$1.00 per share at 2.4% yield

First quarter 2023 earnings released: EPS: US$4.18 (vs US$4.20 in 1Q 2022)

Upcoming dividend of US$0.93 per share at 2.0% yield

Insider recently sold US$998k worth of stock

Travelers Introduces Innovation Network for Construction Industry

The Travelers Companies, Inc. Declares Regular Quarterly Dividend, Payable on March 31, 2023

Full year 2022 earnings released: EPS: US$11.91 (vs US$14.63 in FY 2021)

The Travelers Companies, Inc. Reports Preliminary Earnings Results for the Fourth Quarter Ended December 31, 2022

The Travelers Companies, Inc. to Report Q4, 2022 Results on Jan 24, 2023

Upcoming dividend of US$0.93 per share

Third quarter 2022 earnings released: EPS: US$1.91 (vs US$2.65 in 3Q 2021)

the Travelers Companies, Inc. Declares Quarterly Dividend, Payable on December 30, 2022

Upcoming dividend of US$0.93 per share

Executive VP recently sold US$496k worth of stock

Second quarter 2022 earnings released: EPS: US$2.29 (vs US$3.70 in 2Q 2021)

The Travelers Companies, Inc. Declares Regular Quarterly Dividend, Payable September 30, 2022

The Travelers Companies, Inc. to Report Q2, 2022 Results on Jul 21, 2022

Upcoming dividend of US$0.93 per share

First quarter 2022 earnings released: EPS: US$4.20 (vs US$2.89 in 1Q 2021)

The Travelers Companies, Inc. Declares Regular Quarterly Dividend, Payable on June 30, 2022

The Travelers Companies, Inc., Annual General Meeting, May 25, 2022

Upcoming dividend of US$0.88 per share

Executive VP recently sold US$537k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Travelers Expands Telematics Offerings with IntelliDrivePlus™

Upcoming dividend of US$0.88 per share

Executive VP recently sold US$167k worth of stock

Third quarter 2021 earnings released: EPS US$2.65 (vs US$3.24 in 3Q 2020)

Upcoming dividend of US$0.88 per share

Second quarter 2021 earnings released: EPS US$3.70 (vs US$0.16 loss in 2Q 2020)

Upcoming dividend of US$0.88 per share

Independent Director has left the company

Insider recently sold US$392k worth of stock