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Jay S. Fishman

Schnitzer Adds Chairman To CEO Title At Travelers

Schnitzer Adds Chairman To CEO Title At Travelers

Alan D. Schnitzer, the Travelers Cos. Inc. CEO, took on the additional duties of board chairman Wednesday in a unanimous vote of the directors.

Schnitzer, 51, has been CEO since late 2015. He succeeded Jay S. Fishman, who stepped down after a diagnosis of Lou Gehrig’s disease.

John S. Dasburg, who had been chairman, returned to his previous position as lead independent director.

“Since Alan became CEO, the company has strengthened its competitive advantages and meaningfully advanced its strategic digital and innovation agendas while continuing to deliver industry-leading financial results,” Dasburg said in a written statement issued by the company.

“I am honored...

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