Loews Management

Management criteria checks 4/4

Loews' CEO is James Tisch, appointed in Jan 1998, has a tenure of 25.42 years. total yearly compensation is $6.44M, comprised of 15.1% salary and 84.9% bonuses, including company stock and options. directly owns 7.36% of the company’s shares, worth MX$17.06B. The average tenure of the management team and the board of directors is 9.1 years and 20.4 years respectively.

Key information

James Tisch

Chief executive officer

US$6.4m

Total compensation

CEO salary percentage	15.1%
CEO tenure	25.4yrs
CEO ownership	7.4%
Management average tenure	9.1yrs
Board average tenure	20.4yrs

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
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$6m	US$975k	US$1b
Sep 30 2022	n/a	n/a	US$975m
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
Sep 30 2017	n/a	n/a	US$973m
Jun 30 2017	n/a	n/a	US$1b
Mar 31 2017	n/a	n/a	US$847m
Dec 31 2016	US$6m	US$975k	US$654m

Compensation vs Market: James's total compensation ($USD6.44M) is about average for companies of similar size in the MX market ($USD5.70M).

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

CEO

James Tisch (70 yo)

25.4yrs

Tenure

US$6,439,183

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	37.1yrs	US$5.64m	4.21% $ 9.8b
James Tisch	President	25.4yrs	US$6.44m	7.36% $ 17.1b
Jane Wang	Senior VP & CFO	1.1yrs	US$2.53m	0.0012% $ 2.7m
Richard Scott	Senior VP & Chief Investment Officer	14.4yrs	US$4.42m	0.022% $ 51.1m
Kenneth Siegel	Senior Vice President	no data	US$6.15m	0.0059% $ 13.6m
Mark Schwartz	VP, Chief Accounting Officer & Treasurer	17.9yrs	no data	no data
Marc Alpert	Senior VP	6.9yrs	no data	0.0059% $ 13.6m
Benjamin Tisch	Senior VP of Corporate Development & Strategy	no data	no data	0.15% $ 356.3m
Ira Altman	Vice President of Human Resources	less than a year	no data	no data
Peter Keegan	Senior Advisor to the President	no data	US$3.42m	no data

9.1yrs

Average Tenure

67.5yo

Average Age

Experienced Management: L *'s management team is seasoned and experienced (9.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jonathan Tisch	Co-Chairman of the Board & Member of the Office of the President	37.1yrs	US$5.64m	4.21% $ 9.8b
James Tisch	President	37.1yrs	US$6.44m	7.36% $ 17.1b
Andrew Tisch	Co-Chairman of the Board	38.1yrs	US$443.62k	6.31% $ 14.6b
Charles Diker	Independent Director	20.4yrs	US$235.00k	0.0080% $ 18.5m
Charles Davidson	Independent Director	8.3yrs	US$210.00k	0.011% $ 25.6m
Anthony Welters	Independent Director	9.7yrs	US$210.00k	0.0036% $ 8.3m
Joseph Bower	Independent Director	22.4yrs	US$265.00k	0.0063% $ 14.6m
Paul Fribourg	Independent Lead Director	26.1yrs	US$285.00k	0% $ 0
Walter Harris	Independent Director	18.9yrs	US$275.00k	0.0093% $ 21.6m
Ann Berman	Independent Director	17.4yrs	US$225.00k	0.0014% $ 3.3m
Susan Peters	Independent Director	5.1yrs	US$210.00k	0.00086% $ 2.0m

20.4yrs

Average Tenure

71yo

Average Age

Experienced Board: L *'s board of directors are seasoned and experienced ( 20.4 years average tenure).

Loews Management

Management criteria checks 4/4

Key information

Recent management updates

Loews Corporation, Annual General Meeting, May 14, 2024

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

Loews Corporation Elects Jonathan Locker to Its Board of Directors

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

Insufficient new directors

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

Recent updates

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

Loews Corporation, Annual General Meeting, May 14, 2024

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

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

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

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

Loews Corporation Elects Jonathan Locker to Its Board of Directors

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

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

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

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

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

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

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

Insufficient new directors

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

Co-Chairman of the Board recently sold Mex$636m worth of stock

Insufficient new directors

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

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

Loews Corporation, Annual General Meeting, May 10, 2022

Insufficient new directors

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age