Loews Corporation Elects Dino Robusto to Its Board of Directors
Rhea-AI Summary
Loews Corporation (NYSE: L) announced that Dino Robusto has been elected to Loews' board of directors, effective January 1, 2026. Mr. Robusto served as CEO and chairman of Loews' subsidiary CNA Financial (NYSE: CNA) from 2016–2024 and held the role of Executive Chairman during 2025.
His term as Executive Chairman of CNA expires on December 31, 2025, at which time he will leave the CNA board, with his Loews board service beginning the next day.
Positive
- Adds director with CEO/chair experience (CNA 2016–2024)
- Board appointment effective Jan 1, 2026 enables immediate succession planning
Negative
- Departure from CNA board on Dec 31, 2025 creates a board vacancy at CNA
News Market Reaction 1 Alert
On the day this news was published, L declined 0.14%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Mr. Robusto was the Chief Executive Officer and Chairman of the Board of Loews's subsidiary, CNA Financial Corporation (NYSE: CNA), from 2016 until 2024, and has served as Executive Chairman of CNA during 2025. His term as Executive Chairman of CNA expires on December 31, 2025, at which time he will leave the CNA Board.
About Loews Corporation
Loews Corporation is a diversified company with businesses in the insurance, energy, hospitality, and packaging industries. For more information, please visit www.loews.com.
View original content:https://www.prnewswire.com/news-releases/loews-corporation-elects-dino-robusto-to-its-board-of-directors-302602421.html
SOURCE Loews Corporation
FAQ
When will Dino Robusto join the Loews board (NYSE: L)?
What roles did Dino Robusto hold at CNA Financial (NYSE: CNA)?
When does Dino Robusto leave the CNA board?
Does Dino Robusto's Loews board role overlap with his CNA board service?
What is the ticker symbol for Loews Corporation mentioned in the announcement?
