Travelers Names David D. Rowland and Daniel T.H. Yin Co-Chief Investment Officers
07 Août 2019 - 02:45PM
Business Wire
William H. Heyman will remain as Vice Chairman
and continue to serve as Chair of the company’s Investment Policy
Committee
The Travelers Companies, Inc. (NYSE: TRV) today announced that
David D. Rowland and Daniel T.H. Yin have each been promoted to
Executive Vice President and Co-Chief Investment Officer, effective
immediately. William H. Heyman, who previously served as Chief
Investment Officer since 2002, will remain on the company’s senior
leadership team as Vice Chairman and continue to serve as Chair of
the company’s Investment Policy Committee.
“Bill Heyman’s impact on Travelers’ success over close to two
decades cannot be overstated,” said Alan D. Schnitzer, Chairman and
Chief Executive Officer of Travelers. “His steady hand and
disciplined approach to investing have guided us through various
business cycles and challenging economic conditions, including the
financial crisis. We are all deeply grateful for everything he has
contributed to this company, and we are fortunate that we will
continue to benefit from his insight, experience and wisdom.”
Rowland and Yin have a combined tenure of 40 years at the
company and have held positions of increasing responsibility within
the Investments group, most recently serving as Deputy Chief
Investment Officers. Rowland is responsible for the company’s fixed
income portfolio, and Yin is responsible for the company’s
portfolio of equities and alternative investments.
Schnitzer added, “Dave and Dan are longtime leaders in our
Investments group and have been integral in developing and
implementing our investment philosophy. They have done an
outstanding job of managing the risk and reward equation for our
investment portfolio, and they have a proven track record of
results. I couldn’t be more pleased to have them as partners as
they both join our Management Committee.”
Rowland joined Travelers in 1996 and holds a bachelor’s degree
in economics from the University of Notre Dame and a master’s
degree in management from Northwestern University’s Kellogg School
of Management. He is also a CFA® charterholder, a member of the CFA
Society Minnesota and a board member of the Minnesota Higher
Education Facilities Authority.
Yin joined Travelers in 2002 and holds a bachelor’s degree from
the University of Pennsylvania, an MBA from New York University and
a J.D. from Suffolk University in Boston. He is also a CFA®
charterholder.
About Travelers The Travelers Companies, Inc. (NYSE: TRV)
is a leading provider of property casualty insurance for auto, home
and business. A component of the Dow Jones Industrial Average,
Travelers has approximately 30,000 employees and generated revenues
of approximately $30 billion in 2018. For more information, visit
travelers.com.
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Investors: Abbe Goldstein, 917.778.6825
Media: Patrick Linehan, 917.778.6267
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