Travelers CEO To Step Down In December

—The Travelers Cos. Inc. said Tuesday that Chairman and CEO Jay S. Fishman will step down as CEO on Dec. 1 due to health problems. The company said Alan D. Schnitzer, head of the insurance company's business and international insurance unit, will succeed Fishman as CEO. Fishman, 62, will stay on as executive chairman, the New York- based property and casualty insurer said.

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