Date of Report (Date of earliest event reported):
|
June 8, 2007 | |
New Jersey | 1-8661 | 13-2595722 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
15 Mountain View Road, P.O. Box 1615, Warren, New Jersey | 07061-1615 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code
|
(908) 903-2000 | |
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||||||
SIGNATURES |
Item 5.02. | Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(d)
|
On June 8, 2007, the Board of Directors of The Chubb Corporation (Chubb) appointed Martin G. McGuinn as a member of Chubbs Board of Directors, filling an existing vacancy. In addition, Mr. McGuinn was appointed to the Audit Committee and Organization & Compensation Committee of Chubbs Board of Directors. | |
Mr. McGuinn is an independent director. There is no arrangement or understanding between Mr. McGuinn and any other persons or entities pursuant to which Mr. McGuinn was appointed as a director. Since January 1, 2007, neither Mr. McGuinn nor any immediate family member of Mr. McGuinn has been a party to any transaction or currently proposed transaction with Chubb that is reportable under Item 404(a) of Regulation S-K. | ||
Upon his appointment to the Board, Mr. McGuinn became entitled to a prorated portion of Chubbs $50,000 annual non-employee director retainer fee in the amount of $29,167 and received a prorated equity award under The Chubb Corporation Long-Term Stock Incentive Plan for Non-Employee Directors (2004) (the Director Plan) in the form of 1,157 total shareholder return units and 384 fully vested stock units. Going forward, Mr. McGuinn will participate in Chubbs compensation and benefit programs on the same basis as Chubbs other non-employee directors. Information regarding Chubbs annual non-employee director retainer fee, the Director Plan and Chubbs other compensation and benefit programs for non-employee directors is set forth in Chubbs proxy statement dated March 23, 2007 under the heading Corporate Governance Director Compensation. |
THE CHUBB CORPORATION |
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Date: June 12, 2007 | By: | /s/ W. Andrew Macan | ||
Name: | W. Andrew Macan | |||
Title: | Vice President and Secretary | |||