The estimated Net Worth of Theodore Shasta is at least $25.7 Million dollars as of 13 June 2024. Mr. Shasta owns over 21,405 units of Chubb stock worth over $23,493,593 and over the last 15 years he sold CB stock worth over $1,866,905. In addition, he makes $320,000 as Independent Director at Chubb.
Theodore has made over 17 trades of the Chubb stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 21,405 units of CB stock worth $118,156 on 13 June 2024.
The largest trade he's ever made was selling 29,809 units of Chubb stock on 26 August 2019 worth over $271,858. On average, Theodore trades about 3,372 units every 59 days since 2009. As of 13 June 2024 he still owns at least 82,625 units of Chubb stock.
You can see the complete history of Mr. Shasta stock trades at the bottom of the page.
Theodore E. Shasta serves as Independent Director of the Company. Mr. Shasta is a Director of MBIA, Inc. and also serves as the Chair of its Audit Committee and a member of its Finance and Risk Committee and Compensation and Governance Committee. Mr. Shasta was formerly a Senior Vice President and Partner of Wellington Management Company, a global investment advisor. Mr. Shasta joined Wellington Management Company in 1996 and specialized in the financial analysis of publicly-traded insurance companies and retired in June 2009. Prior to joining Wellington Management Company, Mr. Shasta was a Senior Vice President of Loomis, Sayles & Company (investment management). Before that, he served in various capacities with Dewey Square Investors and Bank of Boston. In total, Mr. Shasta spent 25 years covering the insurance industry as a financial analyst.
As the Independent Director of Chubb, the total compensation of Theodore Shasta at Chubb is $320,000. There are 18 executives at Chubb getting paid more, with Evan Greenberg having the highest compensation of $20,475,100.
Theodore Shasta is 69, he's been the Independent Director of Chubb since 2010. There are 5 older and 21 younger executives at Chubb. The oldest executive at Chubb Limited is Eugene Shanks, 73, who is the Independent Director.
Theodore's mailing address filed with the SEC is C/O MBIA INC., 1 MANHATTANVILLE ROAD, SUITE 301, PURCHASE, NY, 10577.
Over the last 9 years, insiders at Chubb have traded over $311,548,506 worth of Chubb stock and bought 26,344 units worth $3,018,506 . The most active insiders traders include Robert J Hugin, Michael P Connors, and Evan G Greenberg. On average, Chubb executives and independent directors trade stock every 19 days with the average trade being worth of $5,973,699. The most recent stock trade was executed by Evan G Greenberg on 6 September 2024, trading 60,855 units of CB stock currently worth $17,551,799.
Chubb Limited is an American company incorporated in Zürich, Switzerland. It is the parent company of Chubb, a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and the largest publicly traded property and casualty company in the world.
Chubb executives and other stock owners filed with the SEC include: