Attached files
| file | filename |
|---|---|
| 8-K - LOEWS CORPORATION FORM 8-K - LOEWS CORP | lc_body.htm |
Exhibit 99.1
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Contact:
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Candace Leeds
V.P. of Public Affairs
(212) 521-2416
Darren Daugherty
Investor Relations
(212) 521-2788
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Loews Corporation Elects Dr. Lawrence S. Bacow
To Its Board of Directors
NEW YORK, August 9, 2011 -- Loews Corporation (NYSE:L) announced today that Lawrence S. Bacow has been elected a director of Loews. Dr. Bacow served as President of Tufts University from September 2001 until July 2011. He was elected a Fellow of Harvard College in July 2011. With the election of Dr. Bacow, the Loews Board consists of 13 directors, 10 of whom qualify as independent directors.
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Loews Corporation, a holding company, is one of the largest diversified corporations in the United States. Its principal subsidiaries are CNA Financial Corporation (NYSE: CNA), a 90% owned subsidiary; Diamond Offshore Drilling, Inc. (NYSE: DO), a 50.4% owned subsidiary; HighMount Exploration & Production LLC, a wholly owned subsidiary; Boardwalk Pipeline Partners, LP (NYSE: BWP), a 64% owned subsidiary; and Loews Hotels, a wholly owned subsidiary.
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