Loews expands Board to 12 and elects Dino E. Robusto
Rhea-AI Filing Summary
Loews Corporation will expand its Board of Directors from 11 to 12 and elect Dino E. Robusto as a director, effective January 1, 2026.
Robusto served as CEO and Chairman of Loews subsidiary CNA Financial Corporation from 2016 to 2024 and has been CNA’s Executive Chairman since January 1, 2025. His term as Executive Chairman ends December 31, 2025, at which time he will leave the CNA Board of Directors. For 2025 at CNA, his compensation is an annual salary of $6 million, plus a bonus of up to $2 million, determined by CNA’s Compensation Committee.
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8-K Event Classification
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FAQ
What board change did Loews (L) announce?
Loews will increase its Board size from 11 to 12 directors and elect Dino E. Robusto as a director.
When does Dino E. Robusto join the Loews Board?
His election is effective January 1, 2026.
What roles has Dino E. Robusto held at CNA Financial?
He was CEO and Chairman from 2016–2024 and has served as Executive Chairman since January 1, 2025.
When will Robusto leave the CNA Board of Directors?
He will leave the CNA Board on December 31, 2025.
What is Dino E. Robusto’s 2025 compensation at CNA?
An annual salary of $6 million plus a bonus of up to $2 million, determined by CNA’s Compensation Committee.
Did Loews issue a press release about this change?
Yes. A press release dated November 3, 2025 is filed as Exhibit 99.1.