Who is departing the Board of Directors?

Cleve Killingsworth Jr. is departing the Board of Directors of The Travelers Companies, Inc.

When will Mr. Killingsworth's departure be effective?

Mr. Killingsworth will serve out his current term, which ends at the Company's 2018 Annual Meeting of Shareholders.

Is Mr. Killingsworth's departure due to any issues with the company?

No, the company explicitly states that Mr. Killingsworth's decision was not due to any disagreement with the Company's management or Board of Directors.

What was Mr. Killingsworth's role on the Board?

Mr. Killingsworth served on the Board and notably as the Chair of the Board's Investment and Capital Markets Committee.

TRV 8-K: Leadership Changes

Summary

This 8-K filing from The Travelers Companies, Inc. (TRV) reports a significant change in its Board of Directors. Specifically, Cleve Killingsworth Jr. has notified the company that he will not seek re-election to the Board at the upcoming 2018 Annual Meeting of Shareholders. Mr. Killingsworth will continue to serve his current term until the meeting. Importantly, the company states that this decision is not a result of any disagreements with management or the Board.

Key Highlights

1Cleve Killingsworth Jr. will not stand for re-election to the Board of Directors.
2Mr. Killingsworth's current term will conclude at the 2018 Annual Meeting of Shareholders.
3The departure is not due to any disagreements with management or the Board.
4Mr. Killingsworth previously served as Chair of the Board's Investment and Capital Markets Committee.
5The company expressed gratitude for Mr. Killingsworth's service.
6The filing is an 8-K Current Report filed on February 5, 2018, with an event date of January 29, 2018.

TRAVELERS COMPANIES, INC. 8-K Report, Executive Changes (Feb 5, 2018)

Summary

Key Highlights

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