Travelers Companies CEO Alan Schnitzer's 2021 pay rises 9% to $21M
Travelers Companies reports 2021 executive compensation
By ExecPay News
Published: April 8, 2022
Travelers Companies reported fiscal year 2021 executive compensation information on April 8, 2022.
In 2021, five executives at Travelers Companies received on average a compensation package of $9M, a 12% increase compared to previous year.
Average pay of disclosed executives at Travelers Companies
Alan D. Schnitzer, Chief Executive Officer, received $21M in total, which increased by 9% compared to 2020. 62% of Schnitzer's compensation, or $13M, was in stock awards. Schnitzer also received $6.5M in bonus and $1.3M in salary.
Avrohom J. Kess, Chief Legal Officer, received a compensation package of $6.6M, which increased by 4% compared to previous year. 45% of the compensation package, or $3M, was in bonus.
Gregory C. Toczydlowski, Executive Vice President and President, Business Insurance, earned $6.6M in 2021, a 23% increase compared to previous year.
Michael F. Klein, Executive Vice President and President Personal Insurance, received $6.1M in 2021, which increases by 23% compared to 2020.
Daniel S. Frey, Chief Financial Officer, earned $5.3M in 2021, a 8% increase compared to previous year.
Related executives
Alan Schnitzer
Travelers Companies
Chief Executive Officer
Daniel Frey
Travelers Companies
Chief Financial Officer
Avrohom Kess
Travelers Companies
Chief Legal Officer
Gregory Toczydlowski
Travelers Companies
Executive Vice President and President, Business Insurance
Michael Klein
Travelers Companies
Executive Vice President and President Personal Insurance
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Source: SEC filing on April 8, 2022.