UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 18, 2017
The Travelers Companies, Inc.
(Exact name of registrant as specified in its charter)
Minnesota |
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001-10898 |
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41-0518860 |
485 Lexington Avenue |
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10017 |
(917) 778-6000
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On December 18, 2017, The Travelers Companies, Inc. (the Company) announced that Brian MacLean, President and Chief Operating Officer, will retire after 30 years with the Company. Mr. MacLean will begin transitioning out of his current role on February 1, 2018 and officially retire from the Company effective March 31, 2018.
A copy of the Companys press release announcing Mr. MacLeans retirement is attached hereto as Exhibit 99.1 and is incorporated into this Item 5.02 by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. |
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Description |
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99.1 |
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Press Release, dated December 18, 2017, of The Travelers Companies, Inc. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 19, 2017 |
THE TRAVELERS COMPANIES, INC. | |
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By: |
/s/ Kenneth F. Spence III |
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Name: Kenneth F. Spence III |
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Title: Executive Vice President and General Counsel |
NEWS RELEASE
Travelers Announces Retirement of Brian MacLean, President and Chief Operating Officer
NEW YORK, Dec. 18, 2017 The Travelers Companies, Inc. (NYSE: TRV) today announced that Brian MacLean, President and Chief Operating Officer, will retire after 30 years with the company, effective March 31, 2018.
Brian has made extraordinary contributions to Travelers over a spectacular 30-year career, said Chairman and Chief Executive Officer Alan Schnitzer. He has been an integral part of our leadership team for more than a decade, helping to build Travelers into the company it is today. We are deeply grateful for his leadership and dedication and wish him all the best in his next chapter.
MacLean said, It has been a privilege to be part of this company for three decades, working alongside the very best in the industry. I am fortunate to call so many of them my close friends, and I couldnt be more confident in their and the companys continued success.
As a result of MacLeans retirement, Travelers is realigning the reporting structure of its business leaders. Michael Klein, who leads Personal Insurance; Tom Kunkel, who leads Bond & Specialty Insurance; Nick Seminara, who leads Claim and Special Liability Group; Kevin Smith, who leads International; and Greg Toczydlowski, who leads Business Insurance, will report to Schnitzer.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately $28 billion in 2016. For more information, visit www.travelers.com.
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Media:
Patrick Linehan, 917.778.6267
Investors:
Gabriella Nawi, 917.778.6844
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