By Josh Beckerman 

Jay S. Fishman, executive chairman of Travelers Cos., has died at the age of 63, the company said.

In August 2015, Travelers said Mr. Fishman was battling a neuromuscular condition and would step down as chief executive this past December, handing the job over to Alan D. Schnitzer.

Mr. Schnitzer said on Friday that Mr. Fishman "led Travelers to unprecedented success by every measure. Though he would be too humble to admit it, Jay was an icon among corporate leaders."

Travelers named lead director John Dasburg nonexecutive chairman.

Mr. Fishman was CEO of St. Paul Cos., which merged with Travelers Property Casualty Corp. in 2004, and was also a former Citigroup Inc. executive.

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

August 19, 2016 17:39 ET (21:39 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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