travelers cos inc/the (TRV:New York)

Executive Profile*

Background*

Mr. Jay S. Fishman has been the Chairman of The Travelers Companies Inc., since September 12, 2005 and has been its Chief Executive Officer since October 2001. Mr. Fishman served as the President of The Travelers Companies, Inc., from October 2001 to June 2008. He led The St. Paul Companies Inc. as Chairman, President and Chief Executive Officer since October 2001. In April 2004, St. Paul Companies merged with Travelers Property Casualty Corp., which had since been divested ... by Citigroup. He served as Chief Executive Officer, President and Chief Operating Officer of Finance & Risk at Citigroup Inc. since April 1989 and also served as its President and Chief Executive Officer. He served as Chief Executive Officer and President of Travelers Insurance Group Holdings Inc. since 1998 and as Head of Citigroup's global insurance businesses and the consumer business in Japan and Western Europe. He served as the President, Chairman, and Chief Administrative officer of Travelers Property Casualty Corp. Mr. Fishman served Chief Administrative Officer and Chief Operating Officer, Commercial Lines of Travelers Insurance Group Holdings Inc. from 1996 to 1998. He served as Chief Administrative Officer at Travelers Insurance Group Inc. (TIGI) since 1996. He first became associated with Travelers when he was named the insurer's Chief Financial Officer in 1993, upon its acquisition by Primerica Corp., where he served as an Executive. Primerica later became Citigroup. He also served as Treasurer of Travelers Group from 1991 to 1993, Chief Financial Officer of Travelers Group's Consumer and Financial Services Group from 1989 to 1991. Mr. Fishman held several key executive posts at Primerica, Travelers and Citigroup from 1989 to October 2001. He joined Travelers Group in 1989. Prior to 1989, he served at Shearson Lehman Brothers, where he served as Senior Vice President of Merchant Banking. Previously, he served as a Principal in a private investment and leveraged buyout firm, and Director for Mergers and Acquisitions of American Can Company. He has been the Chairman of New York City Ballet, Inc., since June 19, 2012 and also serves as its Director. Mr. Fishman served as Chairman of Travelers Insurance Group Holdings Inc. from March 2000 to January 2001 and Vice Chairman from 1996 to 1998. He served as Vice Chairman of TIGI since 1995. He serves as Vice Chairman of the Kennedy Center Corporate Fund Board in Washington D.C. He has been a Director of Carlyle Group Management LLC, a General Partner of The Carlyle Group LP since May 2, 2012. He has been an Executive Director at The Travelers Companies, Inc., since October 2001. He has been a Director of Exxon Mobil Corp., since May 26, 2010. He serves as a Director of Committee Encouraging Corporate Philanthropy and The Carlyle Group LP. He serves on the Board of Directors of the National Academy Foundation and is an active member of The Business Council. He serves as a Director of the New York Philharmonic; Lincoln Center for the Performing Arts, Inc. and Trustee of New York-Presbyterian Hospital. He serves as a Director of The Partnership for New York City, Inc. and New York City Ballet, Inc. Mr. Fishman served as a Director of Englewood Hospital & Medical Center, Board Member of Connecticut Public Broadcasting, Inc.; Platinum Underwriters Holdings Ltd. from June 2002 to April 29, 2005; and Nuveen Investments Inc. from October 2001 to August 4, 2005. He served as a Director of The St. Paul Companies, Inc. since October 10, 2011 and Travelers Insurance Group Holdings, Inc. since 1998. He was the Chairman of the American Insurance Association. At the University of Pennsylvania, he is a member of the Board of Trustees and the Industry Advisory Board of the Financial Institutions Center for The Wharton School. He also served as a Member of the Carlson School of Management Board of Overseers at the University of Minnesota. Mr. Fishman is an Alumnus of the University of Pennsylvania, graduated with a Bachelor's degree in Economics, magna cum laude, in 1974 and a master's degree in Accounting from the Wharton School, also in 1974.

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