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United States

Loews Corp (L.N)

L.N on New York Stock Exchange

47.89USD
21 Jul 2017
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Summary

Name Age Since Current Position

Andrew Tisch

67 2006 Co-Chairman of the Board , Office of the President

Jonathan Tisch

63 2006 Co-Chairman of the Board, Office of the President

James Tisch

64 1999 President, Chief Executive Officer, Office of the President , Director

David Edelson

57 2014 Senior Vice President and Chief Financial Officer

Richard Scott

63 2009 Senior Vice President and Chief Investment Officer

Marc Alpert

54 2016 Senior Vice President, General Counsel, Secretary

Kenneth Siegel

59 2009 Senior Vice President

Paul Fribourg

63 Lead Independent Director

Lawrence Bacow

65 2011 Independent Director

Ann Berman

64 2006 Independent Director

Joseph Bower

78 2001 Independent Director

Charles Davidson

67 2015 Independent Director

Charles Diker

82 2003 Independent Director

Jacob Frenkel

74 2009 Independent Director

Walter Harris

65 2004 Independent Director

Philip Laskawy

76 2003 Independent Director

Kenneth Miller

74 2008 Independent Director

Anthony Welters

62 2013 Independent Director

Biographies

Name Description

Andrew Tisch

Mr. Andrew H. Tisch is Office of the President, Co-Chairman of the Board of the company. He is Mr. Tisch is also a director of K12 Inc., CNA, Diamond Offshore, and the general partner of Boardwalk Pipeline. He has been a director of the Company since 1985. Mr. Tisch has served as a member of the Company’s Office of the President since 1999 and, prior to that time, had served the Company in a number of other executive positions. This experience has provided him with broad knowledge of and insight into the Company, its operations and business, and has enabled him to be instrumental in providing the Company with strategic direction and operational oversight. Our Board and its Nominating and Governance Committee believe that his direct experience in managing the Company’s business, as well as his institutional knowledge, is of critical importance to our Board in fulfilling its responsibilities.

Jonathan Tisch

Mr. Jonathan M. Tisch is Co-Chairman of the Board, Office of the President of Loews Corporation. He is Chief Executive Officer of Loews Hotels. He has been a director of the Company since 1986. Mr. Tisch has served as a member of the Company’s Office of the President since 1999 and, prior to that time, had served the Company in a number of other executive positions. This experience has provided him with broad knowledge of and insight into the Company, its operations and business, and has enabled him to be instrumental in providing the Company with strategic direction and operational oversight. Our Board and its Nominating and Governance Committee believe that his direct experience in managing the Company’s business, as well as his institutional knowledge, is of critical importance to our Board in fulfilling its responsibilities.

James Tisch

Mr. James S. Tisch is President, Chief Executive Officer, Office of the President, Director of the company. Mr. Tisch is also a director of General Electric Company, CNA and Chairman of the Board of Diamond Offshore. He has been a director of the Company since 1986. Mr. Tisch has served as a member of the Company’s Office of the President since 1999 and, prior to that time, had served the Company in a number of other executive positions, giving him extensive knowledge of the Company, its operations and the businesses in which it is engaged, and enabling him to be instrumental in providing the Company with both strategic direction and day-to-day operational oversight. Our Board and its Nominating and Governance Committee believe that his direct experience in managing the Company’s business, as well as his institutional knowledge, is of critical importance to our Board in fulfilling its responsibilities.

David Edelson

Mr. David B. Edelson is Senior Vice President and Chief Financial Officer of the company. He served as Corporate Treasurer of JPMorgan Chase & Co., where he worked from 1997 until joining Loews. He also spent over 10 years as an investment banker at Goldman Sachs & Co. Mr. Edelson holds his MBA from the Stanford Graduate School of Business and his AB from Dartmouth College where he graduated magna cum laude. He is an active trustee of Central Synagogue in Manhattan and the Jewish Board of Family & Children's Services.

Richard Scott

Mr. Richard Waldo Scott is Senior Vice President, Chief Investment Officer of the company. He has been officer since 2009.

Marc Alpert

Kenneth Siegel

Paul Fribourg

Mr. Paul J. Fribourg is Lead Independent Director of Loews Corporation. He is the Chairman of the Board, President and Chief Executive Officer of Continental Grain Company, an international agribusiness and investment company. Mr. Fribourg is also a director of Estee Lauder Companies, Inc., Restaurant Brands International, Inc., and Apollo Global Management, LLC. He has been a director of the Company since 1997. Mr. Fribourg has had extensive and practical hands-on experience as the chief executive officer of Continental Grain Company, a major industrial company with broad international operations. This background gives Mr. Fribourg particular insight into many of the business decisions which come before our Board.

Lawrence Bacow

Dr. Lawrence S. Bacow is an Independent Director of Loews Corp. Dr. Bacow served as President-in-Residence of the Harvard Graduate School of Education from 2011 until 2014 and President of Tufts University from 2001 until 2011. Dr. Bacow is also a director of Henry Schein, Inc. and was a director of Boston Properties, Inc. from 2003 until 2012. He has been a director of the Company since 2011. Dr. Bacow’s experience as an educator and as President of Tufts University, coupled with his experience as a consultant to a variety of companies and as a director of a public company provides him with a wealth of knowledge and experience which are valuable to our Board in its deliberations.

Ann Berman

Ms. Ann E. Berman is Independent Director of Loews Corporation. She is Retired advisor to the President of Harvard University. Ms. Berman is also a director of Eaton Vance Corporation and Cantel Medical Corp. She has been a director of the Company since 2006. Ms. Berman’s experience, including having served as Vice President of Finance and Chief Financial Officer of Harvard University, has provided her with a deep knowledge of the complex financial issues faced by large institutions such as the Company. In addition, her past service on the board of the Harvard Management Company, which oversees the management of Harvard’s endowment, gives her extensive experience in dealing with large and diverse investment portfolios such as those maintained by the Company and its subsidiaries. This knowledge and experience qualifies her to serve as one of the two financial experts on our Board’s Audit Committee.

Joseph Bower

Prof. Joseph L. Bower, Ph.D., is an Independent Director of Loews Corporation. Prior to July 2014, Professor Bower served as Baker Foundation Professor of Business Administration at Harvard University. Professor Bower is also a director of Anika Therapeutics, Inc. and New America High Income Fund, Inc. He was also a director of Sonesta International Hotels Corporation from 1984 until 2012. He has been a director of the Company since 2001. Professor Bower has served as a Professor of Business Administration for over 45 years. For many years his scholarship has had a particular emphasis on corporate management, organization and leadership. His study and knowledge in this area serve to enhance our Board’s ability to fulfill its oversight responsibility with respect to the Company’s management.

Charles Davidson

Mr. Charles D. Davidson is Independent Director of Loews Corporation. Mr. Davidson is a Venture Partner at Quantum Energy Partners, a private equity fund that specializes in investments in energy businesses, since 2015. Mr. Davidson served as the Chief Executive Officer of Noble Energy Inc. (“Noble”), an independent producer of oil and natural gas, from 2000 through 2014, and was Chairman of the Board of Noble until his retirement in May 2015. Mr. Davidson is also a director of Jagged Peak Energy, Inc. He has been a director of the Company since 2015. Mr. Davidson has worked in the oil and gas industry for over forty years, including as President and Chief Executive Officer of Noble. His extensive experience with oil and gas operations, as well as management of a large, complex, multinational organization, give him knowledge and insights that are valuable to our Board, particularly in overseeing the business of our energy industry subsidiaries, Diamond Offshore and Boardwalk Pipeline.

Charles Diker

Mr. Charles M. Diker is an Independent Director of Loews Corporation. He is the Managing Partner of Diker Management LLC, a registered investment adviser. Mr. Diker is also the Chairman of the Board of Cantel Medical Corp. He has been a director of the Company since 2003. Mr. Diker has had wide-ranging experience in the investment advisory field, as well as in the management or on the boards of several operating businesses. This combination of experiences as an investment professional and a key executive at operating companies is a valuable attribute which Mr. Diker brings to our Board, particularly in light of the Company’s varied investment and business interests.

Jacob Frenkel

Dr. Jacob A. Frenkel is an Independent Director of Loews Corporation. He is the Chairman of JPMorgan Chase International, the international unit of bank JPMorgan Chase & Co., a member of the International Council of JPMorgan Chase & Co., and Chairman of the Board of Trustees of the Group of Thirty, a nonprofit consultative group on international economic and monetary affairs. Dr. Frenkel is also a director of Boston Properties, Inc. He has been a director of the Company since 2009. Dr. Frenkel brings to our Board broad experience in international economic and monetary affairs. He has held senior executive positions at large financial institutions and governmental bodies, served as Governor of the Bank of Israel and also has served as a Professor of International Economics at the University of Chicago. This wide-ranging experience has provided Dr. Frenkel with valuable knowledge and skills which allow him to make important contributions to the work of our Board.

Walter Harris

Mr. Walter L. Harris is an Independent Director of Loews Corporation. He is the President and Chief Executive Officer of FOJP Service Corporation, a provider of risk management services to hospitals, long-term care facilities and social service agencies in New York City, and Hospitals Insurance Company, a provider of insurance coverages and services to hospitals, long-term care facilities, physicians, and healthcare professionals in New York State. Prior thereto Mr. Harris was an independent consultant and from December 2010 until June 2013, he was Vice Chairman of Alliant Insurance Services, Inc. and President of its wholly-owned subsidiary, T&H Group, Inc., an insurance brokerage firm. He has been a director of the Company since 2004.

Philip Laskawy

Mr. Philip A. Laskawy is Independent Director of Loews Corporation. He is the Retired Chairman and Chief Executive Officer of Ernst & Young LLP., an international accounting firm. Mr. Laskawy is also a director of Henry Schein, Inc. and Lazard Ltd. He was a director of General Motors Corporation from 2009 until 2013 and Federal National Mortgage Association (Fannie Mae) from 2008 until 2014. He has been a director of the Company since 2003. Mr. Laskawy brings to our Board extensive knowledge of and skills in financial and accounting matters, having served as Chairman and Chief Executive Officer of one of the largest public accounting firms in the United States. This qualifies him to serve as one of the two financial experts on our Board’s Audit Committee. Mr. Laskawy’s knowledge and skills are especially valuable to our Board in understanding and dealing with financial and accounting issues.

Kenneth Miller

Mr. Kenneth H. Miller is an Independent Director of Loews Corp. He is the President and Chief Executive Officer of Ken Miller Capital, LLC, a merchant banking firm. Mr. Miller served as Senior Advisor to Teneo Holdings, a consulting firm, from 2012 to 2016. He has been a director of the Company since 2008. Mr. Miller has served as a financier and financial advisor for most of his business career. His experience in having served as a director of a variety of companies, as well as his skills in evaluating businesses and his experience in providing advice to third parties on financial transactions and capital markets, serve our Board well.

Anthony Welters

Mr. Anthony Welters is an Independent Director of Loews Corporation. He is Executive Chairman of Black Ivy Group, LLC, a values-driven investment company that builds and grows commercial enterprises in Sub-Saharan Africa, since 2013. Mr. Welters was Executive Vice President and a member of the Office of the Chief Executive Officer of UnitedHealth Group Incorporated from 2011 until his retirement at the end of 2015. Mr. Welters is also a director of C.R. Bard, Inc. and the Carlyle Group, and was a director of West Pharmaceutical Services, Inc. from 2006 until 2016. He has been a director of the Company since 2013. Mr. Welters’ experience as a senior executive at a large, complex health insurance company, as well as his service as a director of several public companies and his work with numerous educational and philanthropic organizations, give him a range of knowledge and skills which will greatly benefit our Board.

Basic Compensation

Name Fiscal Year Total

Andrew Tisch

4,986,260

Jonathan Tisch

5,033,990

James Tisch

5,993,410

David Edelson

5,592,120

Richard Scott

--

Marc Alpert

--

Kenneth Siegel

5,069,210

Paul Fribourg

292,473

Lawrence Bacow

229,473

Ann Berman

229,473

Joseph Bower

272,473

Charles Davidson

200,473

Charles Diker

241,473

Jacob Frenkel

240,473

Walter Harris

280,473

Philip Laskawy

229,473

Kenneth Miller

211,473

Anthony Welters

200,473
As Of  30 Dec 2016