Travelers CEO Jay S. Fishman stepped down Monday, four months after announcing he had amyotrophic lateral sclerosis.
Fishman led the company when it was part of Citigroup, and, for the last 11 years, after he arranged for Travelers to acquire the St. Paul Cos.
Fishman, 63, was able to work for a year after he learned he had the progressive neurodegenerative disease commonly known as Lou Gehrig's disease, but decided to step down before his health worsened to allow an orderly transition. In honor of his service, Gov. Dan Malloy declared Monday Jay S. Fishman Day.
Alan Schnitzer, who had led Travelers Cos.' business and international insurance unit, is the new...