In 2023, Alan D. Schnitzer earned $30.38M in total compensation at The Travelers Companies, including $1.45M salary, $6.00M bonus and $22.60M in stock. Most recently acquired 89,317 shares in Feb 2024. Currently holds stock worth $76.24M. Has donated $2.49M in stock to charitable causes. Has led The Travelers Companies for over 10 years.
Compensation History
Annual executive compensation data for Alan D. Schnitzer, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$30.38M
Salary
$1.45M
Bonus
$6.00M
Other
$327.79K
Salary
$1.45MBoard Justification
The compensation program is designed to align the interests of executives with those of shareholders, emphasizing a pay-for-performance philosophy that ties compensation to the Company's long-term financial performance.
Bonus
$6.00MBoard Justification
The annual cash bonus for Mr. Schnitzer decreased from $6.8 million to $6.0 million year-over-year, reflecting the Company’s strong performance despite elevated catastrophe losses.
Other Compensation
$327.79KBoard Justification
Includes personal use of a Company car and driver, personal security expenses, and tax and financial planning services.
Restricted Stock
Board Justification
Performance shares granted in 2023 will vest based on the achievement of specified performance goals over a three-year period, with the number of shares vesting contingent on performance metrics.
Performance Metrics
Core return on equity and other financial metrics are used to evaluate the Company's performance and determine executive compensation.
Alan D. Schnitzer
CEO of The Travelers Companies
Sector of Economy
Financial Services
Born
July 30, 2024 - 1 years ago
CEO of The Travelers Companies for
10 years 0 months (Dec 2015 - Present)
Previous Experience
Unknown
Other The Travelers Companies CEOs
Holdings
Track Alan D. Schnitzer's stock holdings and portfolio value over time.
Total Stock Sold
$126.78M
$126.78M
930,347 TRV shares
What if they kept their stock?
If Alan D. Schnitzer didn't sell their stock, today they would have:
Extra TRV930,347 shares worth $261.33M.
This is 106.13% and $134.55M more than what they got when they sold the stock.
Charitable Transactions
8,860 shares
TRV
Recent Charitable Transactions
2,710 shares
TRV
Feb 7, 2023
Charity
1,900 shares
TRV
Feb 25, 2019
Charity
4,250 shares
TRV
Feb 9, 2017
Charity
Insider Trading
Alan D. Schnitzer's recent stock transactions, purchases, and sales filed with the SEC.
89,317.382 shares
TRV
Feb 21, 2024
Received
$9.55M
TRV at $212.62/share
Feb 8, 2024
Sale
57,292.362 shares
TRV
Feb 22, 2023
Received
$28.47M
TRV at $188.76/share
Feb 7, 2023
Sale
2,512 shares
TRV
Feb 7, 2023
Charity
2,710 shares
TRV
Feb 7, 2023
Charity
50,092.403 shares
TRV
Feb 23, 2022
Received
$11.34M
TRV at $170.47/share
Feb 2, 2022
Sale
596 shares
TRV
Feb 2, 2022
Charity
$9.47M
TRV at $155.22/share
Apr 22, 2021
Sale
Rivals
Compare Alan D. Schnitzer with competitor CEOs and industry peers.
W. Robert Berkley, Jr.
CEO of W.R. Berkley
2023 Compensation
Stock
$5.65M
Salary
$1.09M
Bonus
$0.00
Other
$678.34K
Total Holdings
$77.73M
Kenneth D. DeGiorgio
CEO of First American Financial
2023 Compensation
Stock
$0.00
Salary
$832.50K
Bonus
$1.05M
Other
$12.76K
Total Holdings
$459.53K
Thomas J. Wilson
CEO of Allstate
2023 Compensation
Stock
$7.88M
Salary
$1.39M
Bonus
$0.00
Other
$156.28K
Total Holdings
$13.18M
Evan G. Greenberg
CEO of Chubb
2023 Compensation
Stock
$18.41M
Salary
$1.55M
Bonus
$9.00M
Other
$1.46M
Total Holdings
$327.07M
Susan Patricia (Tricia) Griffith
CEO of Progressive
2024 Compensation
Stock
$43.11M
Salary
$1.04M
Bonus
$4.65M
Other
$186.33K
Total Holdings
$4.19M