John D. Finnegan

John D. Finnegan serves as the current Chairman, President, and Chief Executive Officer of Chubb Corporation, the eleventh largest property and casualty insurer in the world.^[1]

Education

Finnegan attended Princeton University and graduated with a bachelor's degree in political science in 1971. In 1975, he received a law degree from Fordham Law School and a Master's in Business Administration from Rutgers University in 1976. ^[2]

Career

General Motors Acceptance Corporation

Finnegan served with General Motors Acceptance Corporation (GM) since 1976, starting out as a member of the tax staff before transferring to GM's New York Treasury office. In 1981, Finnegan held the position of director of International Banking. By 1985, he had been given the position of Director of Strategic Planning and was transferred to GM's Detroit headquarters.^[3] Finnegan served as Vice President and Group Executive of General Motors as well as President of GMAC from November 1997 to April 1999. He eventually served as Executive Vice President of General Motors until December 2002.^[4]

Chubb Corporation

Since December 2002 Finnegan has served as President and Chief Executive Officer of Chubb Corporation and since December 2003, he has served as Chairman of the Board. ^[5]

Compensation

While CEO of Chubb in 2008, John D. Finnegan earned a total compensation of $12,557,105, which included a base salary of $1,275,000, a cash bonus of $3,357,800, and stocks granted of $7,718,690.^[6]

References

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