BNET Industries

Liberty Mutual Group

is in the Financial Services Industry

Last Fiscal Year Sales:$23.5B
  • Private
  • US
Dow Jones Description

Boston-based Liberty Mutual Group is a diversified global insurer and sixth largest property and casualty insurer in the U.S. based on 2006 direct written premium. The Company also ranks 95th on the Fortune 500 list of largest corporations in the U.S. based on 2006 revenue. Liberty Mutual Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, commercial multiple peril, commercial automobile, general liability, group disability, fire, surety and a diverse range of specialty products in many classes of business including: marine, energy, engineering, casualty, professional liability and directors & officers insurance.

President & Chief Executive Officer
Edmund F. Kelly
Number of Employees 40,000
Contact Information

175 Berkeley Street

Boston, Massachusetts 02116

www.libertymutu...

(617) 357-9500

NAICS Code Direct Property and Casualty Insurance Carriers: 524126

Recent Events

  • Liberty Mutual Posts $265 Million Q3 Net Income; $1 Billion for 9 Months

    10/28/09 - Financial Announcement - View Story

  • Liberty Mutual Group Announces Three-Year Title Sponsorship Of Local Amateur Golf Tour Starting in 2010

    10/15/09 - Joint Venture / Alliance - View Story

  • A.M. Best Withdraws Ratings of Two Subsidiaries of Liberty Mutual Group, Inc. Following...

    10/09/09 - Bond / Stock Rating - View Story

  • Liberty Mutual Responsible Sports Grants Now Available to Help Fund Youth and School Sports Programs

    9/01/09 - Joint Venture / Alliance - View Story

  • Liberty Mutual Group Reports Second Quarter 2009 Results

    7/28/09 - Financial Announcement - View Story

News & Analysis

compensation and liberty mutual group - All News and Analysis

Decision Makers

Name (plus bio) Position
Edmund F. Kelly President & Chief Executive Officer
David H. Long President, Liberty International
A. Alexander Fontanes Chief Investment Officer & Executive Vice President
Dennis J. Langwell Chief Financial Officer & Senior Vice President
Stuart M. McGuigan Senior Vice President & Chief Information Officer
Gary R. Gregg Executive Vice President, Agency Markets
J. Paul Condrin Executive Vice President, Personal Markets
Christopher C. Mansfield General Counsel & Senior Vice President
Helen E.R. Sayles Senior Vice President, Human Resources & Administration
Robert T. Muleski Senior Vice President & Corporate Actuary
Stephen G. Sullivan Senior Vice President, Communications Services
Dexter R. Legg Vice President & Secretary
John D. Doyle Vice President & Comptroller
John J. McKenna Vice President, IT Strategy and Planning
Laurance H.S. Yahia Vice President & Treasurer
Matthew T. Coyle Vice President & Director of Investor Relations
Conrad Langenhagen Director of Strategic Planning

Board of Directors

Name (plus bio) Position
Thomas C. Ramey Chairman, Liberty International
Annette M. Verschuren Board of Directors
Charles I. Clough Jr. Board of Directors
Ellen A. Rudnick Board of Directors
Francis A. Doyle Board of Directors
Gary C. Butler Board of Directors
Gary L. Countryman Board of Directors
John P Manning Board of Directors
John P. Hamill Board of Directors
Marian L. Heard Board of Directors
Martin P. Slark Board of Directors
Michael J. Babcock Board of Directors
Stephen F. Page Board of Directors
Thomas J. May Board of Directors
William C. Van Faasen Board of Directors

Organization Position Status
Massachusetts Business Roundtable Chairman, President & CEO, Liberty Mutual Group Current
Liberty Mutual Group, Inc. President & Chief Executive Officer Current
Liberty Mutual Group, Inc. Chairman Current
EMC Corporation Board of Directors Current
The Bank of New York Mellon Corporation Board of Directors Current
Wausau Services Corp. Chairman & CEO Former
Liberty Mutual Fire Insurance Co. Chairman, President & CEO Former
Mellon Financial Corporation Board of Directors Former

Organization Position Status
Liberty Mutual Group, Inc. President, Liberty International Current
Liberty Mutual Group, Inc. President, Commercial Insurance Former
Helmsman Management Services President Former

Organization Position Status
Liberty Mutual Group, Inc. Chief Investment Officer & Executive Vice President Current

Organization Position Status
Liberty Mutual Group, Inc. Chief Financial Officer & Senior Vice President Current

Organization Position Status
Liberty Mutual Group, Inc. Senior Vice President & Chief Information Officer Current
CVS Caremark Corporation Chief Information Officer Current
CVS Caremark Corporation Senior Vice President Current

Organization Position Status
Liberty Mutual Group, Inc. Executive Vice President, Agency Markets Current
Liberty Mutual Group, Inc. Executive Vice President, Commercial Market Former

Organization Position Status
Liberty Mutual Group, Inc. Executive Vice President, Personal Markets Current
Liberty Mutual Group, Inc. Executive Vice President, Personal Market Former

Organization Position Status
Liberty Mutual Group, Inc. General Counsel & Senior Vice President Current

Organization Position Status
Liberty Mutual Group, Inc. Senior Vice President, Human Resources & Administration Current

Organization Position Status
Liberty Mutual Group, Inc. Senior Vice President & Corporate Actuary Current

Organization Position Status
Liberty Mutual Group, Inc. Senior Vice President, Communications Services Current

Organization Position Status
Liberty Mutual Group, Inc. Vice President & Secretary Current

Organization Position Status
Liberty Mutual Group, Inc. Vice President & Comptroller Current

Organization Position Status
Liberty Mutual Group, Inc. Vice President, IT Strategy and Planning Current

Organization Position Status
Liberty Mutual Group, Inc. Vice President & Treasurer Current

Organization Position Status
Liberty Mutual Group, Inc. Vice President & Director of Investor Relations Current

Organization Position Status
Liberty Mutual Group, Inc. Director of Strategic Planning Current

Organization Position Status
Liberty Mutual Group, Inc. Chairman, Liberty International Current
AXIS Capital Holdings Limited Board of Directors Current
Liberty Mutual Group, Inc. President, Liberty International Former
Liberty Mutual Group, Inc. Executive Vice President Former

Annette Verschuren is president of The Home Depot Canada and Asia. She is responsible for the sales and operations of more than 160 stores in Canada and 12 stores in China. She leads a team of approximately 32,000 associates. Prior to joining the Company in 1996, Annette was president and co-owner of Michael’s of Canada, a leading chain of arts & crafts stores. She began her career as a development officer with the Cape Breton Development Corporation (coal mining). Annette then worked with Canada Development Investment Corporation as executive vice president. She eventually joined Imasco Ltd., a Canadian holding company, as vice president of Corporate Development. Annette serves on the North American Competitiveness Council (NACC) as part of the Security & Prosperity Partnership of North America (SPP). She also serves on the board of the Canadian Council of Chief Executives, on the board of Liberty Mutual Group and as Chancellor of Cape Breton University. In 2005, Annette was recognized with the Distinguished Canadian Retailer of the Year award given by the Retail Council of Canada. She also was honored as Wilfred Laurier University’s 2006 Outstanding Business Leader. Annette is actively involved in philanthropic efforts. She chairs Habitat for Humanity’s National President’s Council and spearheads the Corporate Council on Volunteerism. Annette holds a Bachelor of Business Administration from St. Francis Xavier University in Nova Scotia. She received honorary doctorates from Mount Saint Vincent University and St. Francis Xavier University.

Organization Position Status
The Home Depot, Inc. President, The Home Depot Canada and Asia Current
Liberty Mutual Group, Inc. Board of Directors Current
Expo Design Center Stores President Former

Chuck Clough is responsible for the overall portfolio strategy and risk management for the Funds.A Mr. Clough has been active in the securities and investment business for 40 years. His experience covers most analytical functions from research analyst to portfolio management. Prior to founding Clough Capital Partners, Mr. Clough served as the Chief Global Investment Strategist at Merrill Lynch & Co. Inc. (a Merrill Lyncha est investment firm. Mr. Clough advised many of the worlda s top institutions and investors on portfolio strategy. He was named to the Institutional Investor All-America Research Team for 12 consecutive years and earned a place as the top ranked strategist on Wall Street on three separate occasions. Mr. Clough has been consistently recognized as a top strategist in areas such as U.S. equities, global investments and fixed income. Mr. Clough graduated magna cum laude with a major in history and a minor in economics from Boston College and earned an MBA at the University of Chicago. He has maintained a Chartered Financial Analyst designation since 1979.

Organization Position Status
Clough Global Chairman & CEO Current
Liberty Mutual Group, Inc. Board of Directors Current
The Boston Security Analysts Society, Inc Board of Directors Current
University of Chicago MBA Former
Boston College Former

Organization Position Status
Patterson Companies, Inc. Executive Director Current
University of Chicago Graduate School of Business Executive Director Current
Liberty Mutual Insurance Company Executive Director and Clinical Professor Current
Hyde Park Angels Board of Directors Current
Liberty Mutual Insurance Company Board of Directors Current
Liberty Mutual Group, Inc. Board of Directors Current
Health Management Systems, Inc. Board of Directors Current
Ceres Venture Fund Board of Directors Current
Plexys Board Advisor Current
Ophthal Jobs, Inc. Board of Directors Current
Patterson Companies, Inc. Board of Directors Current
HMS Holdings Corp. Board of Directors Current
Hcia President Former
CEO Advisors Founder Former
University of Chicago Clinical Professor Former
University of Chicago Graduate School of Business Clinical Professor Former
Evanston Northwestern Healthcare Former
CEO Advisors Chairman Former
Pacific Biometrics, Inc. Chairman Former
Hcia Chairman Former
Nephrx Board of Directors Former
NCCI Inc Board of Directors Former
Oxford Health Plans Board of Directors Former
University of Chicago MBA Former
Vassar College B.A. Former

Organization Position Status
Liberty Mutual Group, Inc. Board of Directors Current
Charter One Bank Board of Directors Current

Organization Position Status
Automatic Data Processing, Inc. President & Chief Executive Officer Current
Liberty Mutual Group, Inc. Board of Directors Current
Automatic Data Processing, Inc. Board of Directors Current
CIT Group Inc. Board of Directors Current

Organization Position Status
Liberty Mutual Fire Insurance Co. Chairman Emeritus Current
CBS Corporation Board of Directors Current
The Boston History Center Board of Directors Current
NSTAR Board of Directors Current
Liberty Mutual Group, Inc. Board of Directors Current
NSTAR Committee Member Current
Liberty Mutual Group, Inc. Chief Executive Officer Former
Liberty Mutual Group, Inc. Chairman Former
Bank of America Corporation Board of Directors Former

Organization Position Status
Boston Capital Partners, Inc. Chairman and Chief Executive Officer Current
Beth Israel Deaconess Medical Center Board of Directors Current
Retica Systems, Inc. Board of Directors Current
Liberty Mutual Group, Inc. Board of Directors Current
Boston Capital Chief Executive Officer Former
The Affordable Housing Tax Credit Coalition President Former
Boston Capital President Former
Boston Capital Partners, Inc. Co-Founder Former
Boston College Former

Organization Position Status
Sovereign Bank Chairman, New England Current
Liberty Mutual Group, Inc. Board of Directors Current

Organization Position Status
Liberty Mutual Group, Inc. Board of Directors Current
CVS Caremark Corporation Board of Directors Current
Sovereign Bancorp, Inc. Board of Directors Current
Blue Cross & Blue Shield of Massachusetts, Inc. Board Director Current
Massachusetts Conference for Women Board of Directors Current
CVS Caremark Corporation Nominating & Corporate Governance Committee Member Current
United Way of Massachusetts Bay Chief Executive Officer Former
United Way of Massachusetts Bay President Former
New England Aquarium Director Former
Sovereign Bank Board Member Former

Organization Position Status
Molex Incorporated Chief Executive Officer Current
Liberty Mutual Insurance Company Vice Chairman and Chief Executive Officer, Molex Inc. Current
Landmark School Treasurer Current
Liberty Mutual Insurance Company Director Current
Landmark School Vice Chairman Current
Hub Group, Inc. Director Current
Molex Incorporated Vice Chairman Current
Liberty Mutual Group, Inc. Board of Directors Current
Molex Incorporated President Former
Molex Incorporated Chief Operating Officer Former
Molex Incorporated Executive Vice President Former
Molex Incorporated Board of Directors Former
London Business School Graduate Former
Reading University Masters Former
University Corp. MBA Former
Reading University Bachelors of Science Former

Organization Position Status
Liberty Mutual Group, Inc. Board of Directors Current

Organization Position Status
Liberty Mutual Group, Inc. Board of Directors Current
United Technologies Corporation Chief Financial Officer Former
United Technologies Corporation Vice Chairman Former

Organization Position Status
NSTAR Chairman, President and Chief Executive Officer Current
Boston Edison Company Chairman, President & CEO Current
NSTAR Electric and Gas Company Inc. Chairman, President & CEO Current
NSTAR Gas & Electric Company Chairman & CEO Current
Bank of America Corporation Board of Directors Current
Liberty Mutual Group, Inc. Board of Directors Current

Organization Position Status
The Business Collaborative Chairman, President & CEO, Blue Cross Blue Shield of Massachusetts Current
Blue Cross and Blue Shield Chairman of the Board Current
Blue Shield LLC Chairman of The Board Current
The Blue Cross Chairman of The Board Current
Citizens Bank of Massachusetts Board of Directors Current
IMS Health, Inc. Board of Directors Current
PolyMedica Corporation Director Current
NSTAR Board of Directors Current
Liberty Mutual Group, Inc. Board of Directors Current
Liberty Mutual Insurance Company Director Current
Greater Boston Chamber of Commerce, Inc. Board of Directors Current
Tier Technologies Inc. Board of Directors Current
Blue Cross & Blue Shield of Massachusetts, Inc. President & Chief Executive Officer Former
Blue Cross and Blue Shield Chief Operating Officer Former
Blue Cross and Blue Shield Executive Vice President Former
Blue Cross & Blue Shield of Michigan Senior Vice President, Operational Services Former
Blue Cross & Blue Shield of Massachusetts, Inc. Chairman Emeritus Former
Greater Boston Chamber of Commerce, Inc. Chair Former

Executive News

  • North vs. South at Bank of America

    Boston Globe - 10/07/09 - View Story

  • AIG's Rivals Blame Bailout for Tilting Game

    The Wall Street Journal Interactive Edition - 8/26/09 - View Story

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