Loews Management

Management criteria checks 3/4

Loews' CEO is James Tisch, appointed in Jan 1998, has a tenure of 26.83 years. total yearly compensation is $6.92M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 7.19% of the company’s shares, worth €1.29B. The average tenure of the management team and the board of directors is 9.4 years and 20.3 years respectively.

Key information

James Tisch

Chief executive officer

US$6.9m

Total compensation

CEO salary percentage	14.1%
CEO tenure	26.8yrs
CEO ownership	7.2%
Management average tenure	9.4yrs
Board average tenure	20.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has James Tisch's remuneration changed compared to Loews's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$2b
Jun 30 2024	n/a	n/a	US$2b
Mar 31 2024	n/a	n/a	US$2b
Dec 31 2023	US$7m	US$975k	US$1b
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$875m
Dec 31 2022	US$6m	US$975k	US$822m
Sep 30 2022	n/a	n/a	US$810m
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	US$6m	US$975k	US$2b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	-US$38m
Dec 31 2020	US$7m	US$651k	-US$931m
Sep 30 2020	n/a	n/a	-US$1b
Jun 30 2020	n/a	n/a	-US$1b
Mar 31 2020	n/a	n/a	-US$94m
Dec 31 2019	US$9m	US$975k	US$932m
Sep 30 2019	n/a	n/a	US$550m
Jun 30 2019	n/a	n/a	US$756m
Mar 31 2019	n/a	n/a	US$737m
Dec 31 2018	US$6m	US$975k	US$636m
Sep 30 2018	n/a	n/a	US$1b
Jun 30 2018	n/a	n/a	US$1b
Mar 31 2018	n/a	n/a	US$1b
Dec 31 2017	US$7m	US$975k	US$1b

Compensation vs Market: James's total compensation ($USD6.92M) is above average for companies of similar size in the German market ($USD4.77M).

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

CEO

James Tisch (71 yo)

26.8yrs

Tenure

US$6,918,337

Compensation

Mr. James S. Tisch, also known as Jim, has been President and Chief Executive Officer and Member of the Officer of the President of Loews Corporation, the holding Company of CNA Financial Corporation since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jonathan Tisch	Co-Chairman of the Board & Member of the Office of the President	38.5yrs	US$4.83m	3.4% € 612.4m
James Tisch	President	26.8yrs	US$6.92m	7.19% € 1.3b
Jane Wang	Senior VP & CFO	2.5yrs	US$3.46m	0.0027% € 493.2k
Richard Scott	Senior VP & Chief Investment Officer	15.8yrs	US$4.67m	0.020% € 3.5m
Kenneth Siegel	Senior Vice President	no data	US$6.25m	0% € 0
Mark Schwartz	VP, Chief Accounting Officer & Treasurer	19.3yrs	no data	no data
Marc Alpert	Senior VP	8.3yrs	no data	0.0046% € 826.2k
Benjamin Tisch	Senior VP of Corporate Development & Strategy	no data	no data	0.32% € 58.3m
Ira Altman	Vice President of Human Resources	2yrs	no data	no data
Alexander Tisch	VP and President & CEO of Loews Hotels & Co.	1.8yrs	no data	no data
Peter Keegan	Senior Advisor to the President	no data	US$3.42m	no data

9.4yrs

Average Tenure

67yo

Average Age

Experienced Management: LTR's management team is seasoned and experienced (9.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jonathan Tisch	Co-Chairman of the Board & Member of the Office of the President	38.5yrs	US$4.83m	3.4% € 612.4m
James Tisch	President	38.5yrs	US$6.92m	7.19% € 1.3b
Andrew Tisch	Co-Chairman of the Board	39.5yrs	US$430.92k	6.25% € 1.1b
Charles Diker	Independent Director	21.8yrs	US$247.50k	0.0091% € 1.6m
Charles Davidson	Independent Director	9.8yrs	US$218.96k	0.012% € 2.2m
Anthony Welters	Independent Director	11.1yrs	US$222.50k	0.0045% € 813.6k
Paul Fribourg	Independent Lead Director	27.5yrs	US$297.50k	no data
Walter Harris	Independent Director	20.3yrs	US$287.50k	0.011% € 1.9m
Ann Berman	Independent Director	18.8yrs	US$237.50k	0.0023% € 414.0k
Susan Peters	Independent Director	6.5yrs	US$222.50k	0.00090% € 162.0k
Jonathan Locker	Independent Director	1.2yrs	US$106.50k	0.011% € 1.9m

20.3yrs

Average Tenure

71yo

Average Age

Experienced Board: LTR's board of directors are seasoned and experienced ( 20.3 years average tenure).

Loews Management

Management criteria checks 3/4

Key information

Recent management updates

Co-Chairman of the Board recently sold €22m worth of stock

Key Executive recently sold €19m worth of stock

Loews Corporation Announces CEO Changes, Effective December 31, 2024

Loews Corporation Announces CEO Changes, Effective December 31, 2024

Key Executive recently sold €7.2m worth of stock

Loews Corporation, Annual General Meeting, May 14, 2024

Recent updates

Co-Chairman of the Board recently sold €22m worth of stock

Loews Corporation Announces Quarterly Cash Dividend, Payable on December 10, 2024

Third quarter 2024 earnings released: EPS: US$1.82 (vs US$1.12 in 3Q 2023)

Loews Corporation to Report Q3, 2024 Results on Nov 04, 2024

Key Executive recently sold €19m worth of stock

Second quarter dividend of US$0.063 announced

Loews Corporation Announces Quarterly Dividend on Common Stock, Payable on September 3, 2024

Loews Corporation Announces CEO Changes, Effective December 31, 2024

Second quarter 2024 earnings released: EPS: US$1.67 (vs US$1.58 in 2Q 2023)

Loews Corporation Announces CEO Changes, Effective December 31, 2024

Loews Corporation to Report Q2, 2024 Results on Jul 29, 2024

First quarter dividend of US$0.063 announced

Loews Corporation Announces Quarterly Dividend on Common Stock, Payable on June 11, 2024

Key Executive recently sold €7.2m worth of stock

First quarter 2024 earnings released: EPS: US$2.05 (vs US$1.61 in 1Q 2023)

Loews Corporation to Report Q1, 2024 Results on May 06, 2024

Loews Corporation, Annual General Meeting, May 14, 2024

Co-Chairman of the Board recently sold €17m worth of stock

Upcoming dividend of US$0.063 per share at 0.3% yield

Fourth quarter dividend of US$0.063 announced

Loews Corporation Announces Quarterly Dividend, Payable on March 5, 2024

Full year 2023 earnings released: EPS: US$6.30 (vs US$4.17 in FY 2022)

Loews Corporation (NYSE:L) completed the acquisition of Williams Bayou Ethane Pipeline, LLC.

Loews Corporation Announces Retirement of Joseph L. Bower from the Board of Directors

Co-Chairman of the Board recently sold €12m worth of stock

Upcoming dividend of US$0.063 per share at 0.4% yield

Loews Corporation Announces Quarterly Dividend on Common Stock, Payable on December 5, 2023

Director recently bought €958k worth of stock

Third quarter 2023 earnings released: EPS: US$1.12 (vs US$0.54 in 3Q 2022)

Now 21% undervalued

Loews Corporation to Report Q3, 2023 Results on Oct 30, 2023

Now 21% undervalued

Loews Corporation Elects Jonathan Locker to Its Board of Directors

Now 20% undervalued

Upcoming dividend of US$0.063 per share at 0.4% yield

Loews Corporation Announces Quarterly Dividend on Common Stock, Payable on August 29, 2023

Second quarter 2023 earnings released: EPS: US$1.58 (vs US$0.73 in 2Q 2022)

Loews Corporation to Report Q2, 2023 Results on Jul 31, 2023

Insider recently bought €18m worth of stock

Upcoming dividend of US$0.063 per share at 0.4% yield

Loews Corporation Announces Declaration of Quarterly Dividend, Payable June 6, 2023

First quarter 2023 earnings released: EPS: US$1.61 (vs US$1.36 in 1Q 2022)

Upcoming dividend of US$0.063 per share at 0.4% yield

Loews Corporation Announces Quarterly Dividend, Payable on March 7, 2023

Full year 2022 earnings released: EPS: US$4.16 (vs US$6.08 in FY 2021)

Loews Corporation to Report Q4, 2022 Results on Feb 06, 2023

Loews Corporation Announces Resignation of Philip A. Laskawy from the Board of Directors

Insufficient new directors

Loews Corporation Announces Quarterly Dividend, Payable on December 6, 2022

Third quarter 2022 earnings released: EPS: US$0.54 (vs US$0.86 in 3Q 2021)

Loews Corporation Appoints Alex Tisch as CEO, Effective January 1, 2023

Loews Corporation to Report Q3, 2022 Results on Oct 31, 2022

Electra America Hospitality Group acquired Loews Boston Hotel from Loews Corporation (NYSE:L) for approximately $120 million.

Upcoming dividend of US$0.063 per share

Loews Corporation Declares Quarterly Dividend, Payable August 30, 2022

Second quarter 2022 earnings released: EPS: US$0.73 (vs US$2.87 in 2Q 2021)

Loews Corporation Reports Impairment Charges for the Quarter Ended June 30, 2022

Loews Corporation to Report Q2, 2022 Results on Aug 01, 2022

Loews Corporation(NYSE:L) dropped from Russell 1000 Dynamic Index

Co-Chairman of the Board recently sold €30m worth of stock

Loews Corporation Announces Quarterly Dividend on Common Stock, Payable June 7, 2022

First quarter 2022 earnings released: EPS: US$1.36 (vs US$0.98 in 1Q 2021)

Insufficient new directors

Loews Corporation to Report Q1, 2022 Results on May 02, 2022

Loews Corporation, Annual General Meeting, May 10, 2022

Senior Vice President recently sold €72k worth of stock

Loews Corporation Appoints Jane Wang as Senior Vice President, Effective as of May 10, 2022

Loews Corporation Announces Quarterly Dividend on Common Stock, Payable March 8, 2022

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