internal
Gregory C. Toczydlowski
Executive Vice President and President, Business Insurance
Business Insurance
8 yr
3 reports
The Travelers Companies, Inc. ·TRV
Two insurance presidents run core P&Ls under the CEO
Financials · Fortune #99 · Functional structure · 34K employees · New York, New York
5
CEO span
↓ tighter than peers (avg 8)
2.5
Avg span
tight
3
Max depth
3 levels
7.8 yr
Avg tenure
80%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$48.8B
Operating income
$3.6B
Net income
$6.3B
Total assets
$143.7B
Shares out
216M
Sourced from The Travelers Companies, Inc. DEF 14A · filed 2026-04-07 ↗ View on SEC
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The Travelers Companies, Inc. organizational chart
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Two insurance presidents directly reporting to the CEO define Travelers’ structure. This page maps the executive org, highlights P&L ownership, summarizes governance and recent leadership changes, and compares Travelers with major P&C insurance peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Rafael Santana departed as Board Director
Not standing for re-election at the 2026 Annual Meeting (Feb 13, 2026).
Source · See change logScenario views in the chart
- Add a Chief Operating Officer Introduce a COO role to reduce CEO span and centralize operational oversight across segments.
- Merge Business and Personal Insurance Combine the two insurance segments under a single group president to simplify reporting lines.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Alan D. Schnitzer
Chairman and Chief Executive Officer
Executive
9 yr
15 reports
internal
Michael F. Klein
Executive Vice President and President, Personal Insurance
Personal Insurance
7 yr
2 reports
internal
Daniel S. Frey
Executive Vice President and Chief Financial Officer
Finance
6 yr
3 reports
internal
Avrohom J. Kess
Vice Chairman and Chief Legal Officer
Legal
9 yr
2 reports
Open Role
Executive Vice President, Corporate Affairs
Corporate
1 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Alan D. Schnitzer $27.0M
- Base salary
- $1.45M
- Bonus
- $9.42M
- Stock awards
- $6.10M
- Option awards
- $9.00M
- Non-equity incentive
- $858K
- Other
- $143K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The businesses
How The Travelers Companies, Inc. divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Business Insurance
18K employees
President, Business Insurance (Gregory C. Toczydlowski)
Commercial property and casualty insurance across domestic and international markets.
Personal Insurance
10K employees
President, Personal Insurance (Michael F. Klein)
Auto and homeowners insurance sold through agents and direct channels.
Finance
3K employees
Chief Financial Officer (Daniel S. Frey)
Capital management, financial reporting and investor relations.
The thesis
Why this org is unusual
Two operating presidents—Business Insurance and Personal Insurance—run Travelers’ core P&Ls and both report directly to the CEO.
This concentrates underwriting and distribution authority at level two, rather than dispersing it across regional CEOs. The structure reflects Travelers’ long-standing emphasis on disciplined underwriting and scale efficiency.
Finance, legal and corporate functions remain centralized, with no separate COO layer. The absence of a COO keeps the organization relatively flat for a Fortune 100 insurer, reinforcing direct CEO oversight of capital allocation and risk.
- No COO role
- Two P&L presidents report directly to CEO
The comparison
How The Travelers Companies, Inc. stacks up
Compared with peers like Chubb and AIG, Travelers operates with a leaner enterprise structure and fewer segment CEOs. Many peers insert a COO or regional CEOs between the CEO and business heads, adding depth. Travelers’ approach favors tighter control and faster decision-making, but places heavier span-of-control …
C-suite size
Reporting depth
Avg C-suite tenure
Has COO / Has CAIO
The Travelers Companies, Inc. — no COO — no CAIO
Chubb ✓ COO — no CAIO
Current signals
What changed recently
Two long-serving independent directors announced planned departures from the board ahead of the 2026 annual meeting.
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-04-07
- CEO
- Alan D. Schnitzer
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 7.8 yr
Leadership centered on two core insurance presidents with no COO.
Named executive officers (5)
- Alan D. Schnitzer - Chairman and CEO since 2015
- Daniel S. Frey - EVP and CFO
- Gregory C. Toczydlowski - EVP and President, Business Insurance
- Avrohom J. Kess - Vice Chairman and Chief Legal Officer
- Michael F. Klein - EVP and President, Personal Insurance
Frequently Asked Questions
Who is the CEO of Travelers?
Alan D. Schnitzer has served as Chairman and CEO since 2015.
What type of organizational structure does Travelers use?
Travelers uses a functional structure with two major insurance P&L leaders reporting directly to the CEO.
How many direct reports does Travelers' CEO have?
The CEO has five direct reports, including two segment presidents.
How has Travelers' leadership changed recently?
In early 2026, two independent directors announced they will not stand for re-election at the annual meeting.
Does Travelers have a COO?
No, Travelers does not have a Chief Operating Officer; operating leaders report directly to the CEO.
Sources
- 8-K Filing, Feb 2026
- SEC EDGAR: The Travelers Companies, Inc. DEF 14A Proxy Statement
- SEC EDGAR: The Travelers Companies, Inc. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). The Travelers Companies, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/travelers/MLA 9th
"The Travelers Companies, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/travelers/. Accessed .Chicago 17
Creately. "The Travelers Companies, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/travelers/.Original SEC source View on SEC ↗
The Travelers Companies, Inc.. DEF 14A. Filed 2026-04-07. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/86312/000008631226000103/trv-20260406.htmPermanent URL: https://creately.com/org-chart/fortune-500/travelers/ · last updated 2026-04-01