People: Chubb Corp (CB)

CB on New York Consolidated

90.87USD
16 Apr 2014
Price Change (% chg)

$0.78 (+0.87%)
Prev Close
$90.09
Open
$90.57
Day's High
$91.04
Day's Low
$90.12
Volume
1,218,382
Avg. Vol
1,528,501
52-wk High
$97.79
52-wk Low
$81.68

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Summary

Name Age Since Current Position

John Finnegan

64 2003 Chairman of the Board, President, Chief Executive Officer

Richard Spiro

49 2008 Chief Financial Officer, Executive Vice President

Paul Krump

53 2014 President - Personal Lines and Claims

Dino Robusto

55 2014 President - Commercial and Specialty Lines

Maureen Brundage

56 2005 Executive Vice President, General Counsel

John Kennedy

57 2008 Senior Vice President, Chief Accounting Officer

Walter Barnes

50 2008 Senior Vice President and Chief Actuary of Chubb & Son

Robert Cox

55 2003 Executive Vice President - Chubb & Son

Mark Korsgaard

57 2010 Executive Vice President of Chubb & Son

Harold Morrison

2011 Executive Vice President, Chief Global Field Officer and Chief Administrative Officer of Chubb & Son

Steven Pozzi

56 2009 Executive Vice President of Chubb & Son

Kathleen Tierney

44 2010 Executive Vice President of Chubb & Son

James Zimmerman

69 Lead Independent Director

Timothy Flynn

62 2013 Director

Karen Hoguet

56 2013 Director

Zoe Budinger

60 1998 Independent Director

Sheila Burke

62 1997 Independent Director

James Cash

65 1996 Independent Director

Lawrence Kellner

55 2011 Independent Director

Martin McGuinn

70 2007 Independent Director

Lawrence Small

71 1989 Independent Director

Jess Soderberg

2007 Independent Director

Daniel Somers

65 2003 Independent Director

Alfred Zollar

58 2001 Independent Director

Biographies

Name Description

John Finnegan

Mr. John D. Finnegan is Chairman of the Board, President, Chief Executive Officer of Chubb Corporation. He has been President and Chief Executive Officer of The Chubb Corporation since December 2002 and Chairman since December 2003. Mr. Finnegan previously had been Executive Vice President of General Motors Corporation, which is primarily engaged in the development, manufacture and sale of automotive vehicles, and Chairman and President of General Motors Acceptance Corporation, a finance company and subsidiary of General Motors Corporation, from May 1999 to December 2002. He was Vice President and Group Executive of General Motors and also President of General Motors Acceptance Corporation from November 1997 to April 1999. Mr. Finnegan was associated with General Motors Corporation from 1976 to December 2002. Mr. Finnegan also serves on the Board of Directors of the National Association of Basketball Coaches Foundation.

Richard Spiro

Mr. Richard G. Spiro is Chief Financial Officer, Executive Vice President of Chubb Corporation. He joins Chubb from Citigroup Global Markets Inc., where he was a Managing Director in its financial institutions investment banking group. He held a variety of positions in Citigroup's financial institutions group, including Head of North America, Global Head of Insurance Investment Banking and Co-Head of the Insurance, Asset Management, Exchanges and Processors Group. Specializing in advising insurance companies for more than 20 years, Spiro has been involved in numerous initial public offerings; equity, debt and hybrid financings; and mergers and acquisitions. He began his investment banking career at The First Boston Corporation in 1986 and joined Citigroup in 1999. Prior to joining Citigroup, he was a Managing Director at Lehman Brothers. He holds an A.B. in Economics from Princeton University.

Paul Krump

Mr. Paul J. Krump has been appointed as President - Personal Lines and Claims of Chubb Corporation effective January 1, 2014. Mr. Krump previously served as chief operating officer for Chubb Commercial Insurance, a position he held since 2000. Mr. Krump joined Chubb as an underwriting trainee in 1982. He held various commercial lines underwriting positions until 1986, when he became an executive protection and international underwriter in Dusseldorf, Germany. Mr. Krump returned to the U.S. in 1989 and held several positions in Chubb's Department of Financial Institutions, including Northern zone manager and U.S. underwriting manager. In 1994, he rejoined Chubb's commercial lines underwriting and held several management positions. Mr. Krump has a Bachelor of Arts degree in business administration from St. John's University. He has also attended executive management programs at IMD in Lausanne, Switzerland, the Kellogg School of Management at Northwestern University in Evanston, IL and the U.S. Army War College/Columbia Business School.

Dino Robusto

Mr. Dino E. Robusto has been appointed as President - Commercial and Specialty Lines of Chubb Corporation effective January 1, 2014. He previously served as chief claim officer, a position he held since January 2006. Mr. Robusto is responsible for overseeing the claims, information technology, human resources, communications, administrative services and external affairs departments. Mr. Robusto had served as New York brokerage zone officer since January 2004. Prior to that, he held positions in Chubb Commercial Insurance as chief field operations officer from 2001 to 2004 and as outside U.S. field operations manager from 2000 to 2001. He managed Chubb's Multinational Resource Group from 1995 to 2000. Mr. Robusto also held several positions in Chubb's Toronto and Montreal offices. He joined Chubb's Montreal office in 1986 as a commercial lines underwriter. Mr. Robusto holds a Bachelors degree in commerce, finance and economics from McGill University in Montreal, Canada, and he is a graduate of The Wharton Business School.

Maureen Brundage

Ms. Maureen A. Brundage is Executive Vice President and General Counsel of Chubb Corporation. Before joining the Corporation in 2005, Ms. Brundage was a partner in the law firm of White & Case LLP, where she headed the securities practice in New York and co-chaired its global securities practice.

John Kennedy

Mr. John J. Kennedy is Senior Vice President, Chief Accounting Officer of Chubb Corporation. He currently serves as the Deputy Manager of Chubb’s Accounting Department and has held positions of increasing responsibility within Chubb’s Accounting Department since joining Chubb in 1987.

Walter Barnes

Mr. Walter Brian Barnes is Senior Vice President and Chief Actuary of Chubb & Son, a division of Federal of Chubb Corporation.

Robert Cox

Mr. Robert C. Cox is Executive Vice President - Chubb & Son, a division of Federal of Chubb Corporation.

Mark Korsgaard

Mr. Mark P. Korsgaard is Executive Vice President of Chubb & Son, a division of Federal of Chubb Corp. He joined Chubb in 1981 as a claim examiner and has managed Chubb claim operations in several offices, including Boston, Phoenix and Westchester. He is currently Worldwide Third Party Claim manager and previously served as Worldwide Casualty Claim Manager and Worker's Compensation Claim Manager. He has a B.A. in economics and business administration from Upsala College.

Harold Morrison

Mr. Harold L. Morrison, Jr., is Executive Vice President, Chief Global Field Officer and Chief Administrative Officer of Chubb & Son, a division of Federal, a subsidiary Company of Chubb Corporation. He previously served as U.S. field operations manager for Chubb & Son, a position he held since 2003. Mr. Morrison previously served as Chubb's New York brokerage zone officer from 2001 to 2003, and he managed the Northwest regional office in Seattle for five years starting in 1996. He has also held managerial roles in Chubb's Department of Financial Institutions (DFI), both in the home office and in the field as the Northern zone DFI manager. Mr. Morrison has also held leadership positions for operations in San Jose, San Francisco and Chubb's Warren, NJ, home office. He joined Chubb in 1984. Mr. Morrison earned a Bachelor of Arts degree in history from Duke University.

Steven Pozzi

Mr. Steven R. Pozzi is Executive Vice President of Chubb & Son, a division of Federal of Chubb Corporation.

Kathleen Tierney

Ms. Kathleen M. Tierney is Executive Vice President of Chubb & Son, a division of Federal, a subsidiary Company of Chubb Corporation. She joined Chubb in 1990 as a Surety trainee, was most recently Senior Vice President and Eastern Territory Manager for Chubb Specialty Insurance (CSI), where she was responsible for underwriting, service and talent management for professional liability lines. At Chubb, she has also held leadership positions in field management, Surety, corporate marketing and corporate development. Tierney, a past Chair of Chubb's Women's Development Council, has a B.A. in psychology from Williams College and an M.B.A. in finance and economics from the Stern School of Business.

James Zimmerman

Mr. James M. Zimmerman is Lead Independent Director of Chubb Corp. He has been Director of the Company since June 11, 2008. He is Retired Chairman and Chief Executive Officer of Federated Department Stores, Inc. (Macy’s). Mr. Zimmerman was Chairman of the Board from February 2003 until January 2004, Chairman and Chief Executive Officer from May 1997 to February 2003, and President and Chief Operating Officer from March 1988 to May 1997. He began his career with Federated in 1965 after graduating from Rice University in Houston, Texas. Mr. Zimmerman is also a director of Fossil, Inc., Furniture Brands International Inc. and serves on the boards of several private for profit companies and not for profit community organizations.

Timothy Flynn

Mr. Timothy P. Flynn has been appointed as Director of Chubb Corporation, effective September 4, 2013. Mr. Flynn is the retired Chairman of KPMG International.

Karen Hoguet

Ms. Karen M. Hoguet has been appointed as Director The Chubb Corporation, effective September 4, 2013. Ms. Hoguet is Chief Financial Officer of Macy’s, Inc.

Zoe Budinger

Ms. Zoe Baird is an Independent Director of Chubb Corp., since June 1998. She is President of the Markle Foundation, a private philanthropy that focuses on using information and communications technologies to address critical public needs, particularly in the areas of health care, national and economic security. Ms. Baird Budinger’s career spans business, government and academia. She has been Senior Vice President and General Counsel of Aetna, Inc., a senior visiting scholar at Yale Law School, counselor and staff executive at General Electric Co., and a partner in the law firm of O’Melveny and Myers. She was Associate General Counsel to President Jimmy Carter and an attorney in the Office of Legal Counsel of the Department of Justice. She served on President Clinton’s Foreign Intelligence Advisory Board from 1993 - 2001 and on the International Competition Policy Advisory Committee to the Attorney General. Ms. Baird Budinger served on the Technology & Privacy Advisory Committee to the Secretary of Defense in 2003 - 2004, which advised on the use of technology to counter terrorism. She is on a number of non-profit and corporate boards, including Boston Properties, and Brookings Institution, among others.

Sheila Burke

Ms. Sheila P. Burke is an Independent Director of Chubb Corp., since 1997. She is Faculty Research Fellow, Malcolm Wiener Center for Social Policy, Member of Faculty, J.F. Kennedy School of Government, Harvard University since 2007. Senior Public Policy Advisor, Baker, Donelson, Bearman, Caldwell & Berkowitz from 2009 to present. From 2004 - 2007 Deputy Secretary and Chief Operating Officer, Smithsonian Institution. Ms. Burke previously was Under Secretary for American Museums and National Programs, Smithsonian Institution, from June 2000 to December 2003 and Executive Dean and Lecturer in Public Policy of the John F. Kennedy School of Government, Harvard University, from November 1996 until June 2000. Ms. Burke served as Chief of Staff to the Majority Leader of the U.S. Senate from 1985 - 1996. Ms. Burke also serves on a number of non-profit and corporate boards including Wellpoint Inc., the Kaiser Commission on the Future of Medicaid and Uninsured, the Georgetown University School of Nursing and Health Sciences, and the Association of American Medical Colleges. Ms. Burke is also a member of the Council of the Institute of Medicine, National Academy of Sciences.

James Cash

Dr. James I. Cash Jr., Ph.D., is an Independent Director of Chubb Corp., since 1996. The James E. Robison Emeritus Professor of Business Administration, Harvard University. Dr. Cash was a member of the Harvard Business School faculty from July 1976 to October 2003. He also serves on the boards of General Electric Company and Wal-Mart. He owns a private company - The Cash Catalyst, LLC - and serves as a Special Advisor or Director of several private companies including Highland Capital Partners, Verne Global, Deutsche Bank of the Americas, Grain Management and Veracode. Dr. Cash also serves on the non-profit boards of the National Association of Basketball Coaches Foundation, The Smithsonian Museum of African-American History and Culture and the Bert King Foundation.

Lawrence Kellner

Mr. Lawrence W. Kellner is an Independent Director of Chubb Corp., since April 26, 2011. Mr. Kellner is President of Emerald Creek Group, LLC, a private equity firm. He served as Chairman and Chief Executive Officer of Continental Airlines, Inc. from December 2004 through December 2009. He served as President and Chief Operating Officer of Continental Airlines from March 2003 to December 2004, as President from May 2001 to March 2003 and was a member of Continental Airlines’ board of directors from May 2001 to December 2009. He serves on the board of directors for The Boeing Company and Marriott International, Inc. He is active in numerous community and civic organizations and currently serves on a number of boards including the Greater Houston Partnership and the Rice University Board of Trustees.

Martin McGuinn

Mr. Martin G. McGuinn is an Independent Director of Chubb Corp., since June 8, 2007. He served as Chairman and Chief Executive Officer of Mellon Financial Corporation from January 1999 until February 2006. Mr. McGuinn held a number of positions during his 25 years at Mellon. Mr. McGuinn was Chairman of the Financial Services Roundtable in 2003. He served as the 2005 President of the Federal Reserve Board’s Advisory Council. Mr. McGuinn serves on the Boards of Celanese Corporation and is Chairman of their Audit Committee, iGate Corporation and is Chairman of their Audit Committee, and is a member of the Advisory Board of CapGen Financial. Mr. McGuinn also serves on several nonprofit boards, including the Carnegie Museums of Pittsburgh and the University of Pittsburgh Medical Center and he is Chairman of the Carnegie Museum of Art.

Lawrence Small

Mr. Lawrence M. Small is an Independent Director of Chubb Corp., since 1989. He is Former Secretary of the Smithsonian Institution, the world’s museum and research complex, a position he held from 2000 to 2007. Mr. Small previously had been President and Chief Operating Officer of Fannie Mae from 1991 to 2000. Before joining Fannie Mae, he served as Vice Chairman and Chairman of the executive committee of the boards of directors of Citicorp and Citibank, where he worked for 27 years. He currently also serves as a director on the boards of Marriott International and New York City’s Spanish Repertory Theatre.

Jess Soderberg

Mr. Jess Soderberg is an Independent Director of Chubb Corp., since September 6, 2007. He is Retired from A.P. Moller-Maersk in November 2007. Mr. Søderberg was Partner and Group CEO of A.P. Moller-Maersk since 1994. He joined the company after graduating with an MBA from the Copenhagen Business School in 1969, and has since held a number of senior financial positions in both the USA and Denmark. Mr. Søderberg was a member of JP Morgan Chase’s International Council until 2007, is a member of Danske Bank’s Advisory Board, is the Vice Chairman of the board of Carlsberg A/S, is Chairman of Carlsberg A/S’s audit committee, and an adviser to Permira (a international equity fund). Mr. Søderberg is honored as a Knight 1st Degree of the Order of Dannebrog and the Chilean Order of Bernardo O’Higgins.

Daniel Somers

Mr. Daniel E. Somers is an Independent Director of Chubb Corp., since 2003. He served as Vice Chairman of Blaylock and Partners LP, an investment banking firm, from January 2002 until September 2007. Mr. Somers previously had been President and Chief Executive Officer of AT&T Broadband, a provider of cable and broadband services, from December 1999 to October 2001, and Senior Executive Vice President and Chief Financial Officer at AT&T Corp., a telecommunications company, from May 1997 to December 1999. Mr. Somers served on the board of The Lubrizol Corporation until February 2007.

Alfred Zollar

Mr. Alfred W. Zollar is an Independent Director of Chubb Corp., since April 24, 2001. He is Former General Manager, Tivoli Software, IBM Corporation, which manufactures and sells computer services, hardware and software, from July 2004 until retirement in January 2011. Mr. Zollar previously had been General Manager, eServer iSeries, IBM Corporation, from January 2003 to July 2004; General Manager, Lotus Software, which designs and develops business software and was a subsidiary of IBM Corporation, from January 2000 to January 2003; General Manager, Network Computing Software Division, IBM Corporation from 1998 to 2000 and General Manager, Network Software, IBM Corporation, from 1996 to 1998. Mr. Zollar is a Director of Public Service Electric and Gas Company.
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