NEW YORK--(BUSINESS WIRE)--Jan. 11, 2013--
Loews Corporation (NYSE: L) has hired Robert Gendelman as a Senior
Portfolio Manager and Head of Equity Investments.
Gendelman has more than 20 years of experience in the financial services
industry and has a proven track record as a value investor. Most
recently, Gendelman was Chief Investment Officer for RG Advisors, and
prior to that was Managing Director at Clearbridge Advisors -- a Legg
Mason company-- where he managed assets for Legg Mason Partners Capital
& Income Fund. He also spent approximately 10 years as a portfolio
manager at Neuberger Berman.
Loews Corporation, a holding company, is one of the largest
diversified corporations in the United States. Its principal
subsidiaries are Boardwalk Pipeline Partners, LP (NYSE: BWP); CNA
Financial Corporation (NYSE: CNA); Diamond Offshore Drilling, Inc.
(NYSE: DO); HighMount Exploration & Production LLC; and Loews Hotels.
Source: Loews Corporation
Loews Corporation
Mary Skafidas
Vice President, Investor and
Media Relations
212-521-2788