RobertGendelman Joins Loews Corporation as Senior Portfolio Manager and Head of Equity Investments

Fri Jan 11, 2013 9:29am EST

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NEW YORK--(Business Wire)--
Loews Corporation (NYSE: L) has hired Robert Gendelman as a Senior Portfolio
Manager and Head of Equity Investments. 

Gendelman has more than 20 years of experience in the financial services
industry and has a proven track record as a value investor. Most recently,
Gendelman was Chief Investment Officer for RG Advisors, and prior to that was
Managing Director at Clearbridge Advisors -- a Legg Mason company-- where he
managed assets for Legg Mason Partners Capital & Income Fund. He also spent
approximately 10 years as a portfolio manager at Neuberger Berman. 

Loews Corporation, a holding company, is one of the largest diversified
corporations in the United States. Its principal subsidiaries are Boardwalk
Pipeline Partners, LP (NYSE: BWP); CNA Financial Corporation (NYSE: CNA);
Diamond Offshore Drilling, Inc. (NYSE: DO); HighMount Exploration & Production
LLC; and Loews Hotels.

Loews Corporation
Mary Skafidas
Vice President, Investor and Media Relations
212-521-2788 

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