Evan Greenberg Chubb Salary, Net Worth, Investments (2025)

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Evan greenberg chubb

The chairman and CEO of Chubb Group and Chubb Limited is Evan Greenberg. In May 2004, he was chosen as Chairman of the Board of Directors, and in May 2007, he was elected as President and Chief Executive Officer.

In his 48 years in the insurance business, Mr. Greenberg has held several leadership and underwriting roles and has developed a deep understanding of the international property, casualty, and life insurance markets. Before becoming Vice Chairman of the business, which was then known as ACE Limited, in 2001, Mr. Greenberg worked for 25 years at American International Group, where he was President and Chief Operating Officer from 1997 to 2000.

Before that, he had several high-level managerial roles, such as President and CEO of AIU, AIG’s overseas general insurance division, and CEO of AIG Far East, which was headquartered in Japan.

Quick Information about Evan Greenberg

Full NameEvan Greenberg
Current PositionChairman and Chief Executive Officer of Chubb Limited
Birth Date1955
Birth PlaceUnited States
EducationCollege of Insurance, New York University
Wifeunknown
Childrenunknown
Estimated Net Worth$6 billion

Mr. Greenberg is a director of the US-China Business Council and the chair of the National Committee on US-China Relations. He is a member of several boards, including the Asia Society Board of Trustees, the Peterson Institute for International Economics Board of Directors, the Center for Strategic and International Studies Board of Trustees, and the Beijing-based Tsinghua University School of Economics and Management (Tsinghua SEM) Advisory Board. Mr. Greenberg is a member of the Partnership for New York City’s Executive Committee and Board of Directors. In addition to overseeing the International Rescue Committee, he is a member of the Council on Foreign Relations.

Evan Greenberg’s Early Life and Education

Greenberg is the son of American International Group (AIG) former chairman and CEO Maurice R. Greenberg and Corinne Phyllis Zuckerman. In Addition, Jeffrey W. Greenberg, the former CEO of Marsh & McLennan, is his younger brother. His Heritage is Jewish.

Though he did not complete his studies at either New York University or the College of Insurance (which is now a part of St. John’s University, New York), Evan Greenberg did attend both.

Evan Greenberg’s Net Worth

As of October 27, 2022, Evan G. Greenberg’s estimated net worth is at least $265 million. Mr. Greenberg sold CB stock for over $114,023,755 during the previous 13 years, and he now holds over 24,049 units of Chubb stock, valued at over $130, 478,427. He also receives $20,475,100 from Chubb as president, chief executive officer, and chairman of the board, making him one of the highest paid CEOs in the United States.

Latest Holdings of Evan G Greenberg

TickerCompanyLatest Transaction DateShares OwnedCurrent Price ($)Current Value ($)
CBChubb Ltd2022-10-27612,186226.88138,892,760
KOCoca-Cola Co2012-04-2728,05858.661,645,882
ACEACE Ltd2014-12-041,081,0220.000

Evan Greenberg Career

After joining AIG in 1975, Greenberg spent 25 years working for his father. In addition to serving as CEO of AIG Far East, which was situated in Korea and Japan, he also held a variety of high managerial roles, including president and CEO of AIU Holdings, AIG’s overseas insurance subsidiary.

He was AIG’s president and chief operating officer from 1997 until 2000. Though he was seen as the clear successor to lead the firm as CEO, he departed in 2000 and became vice chairman of ACE in November 2001.

In 2004, he took over as CEO of ACE. He was one of the CEOs who declined to participate in a rescue that was paid for by taxpayers during the 2008 financial crisis. It was revealed in February 2011 that Greenberg had joined The Coca-Cola Company as a director.

In addition, Greenberg is a board member of the US-China Business Council and the National Committee on United States-China Relations. He is a participant in the Business Roundtable, the Center for the National Interest, and the Council on Foreign Relations. He also serves as an International Rescue Committee oversight.

Insiders trading at Chubb

Insiders at Chubb have purchased 26,344 units valued at $3,018,506 and sold over $245,345,707 worth of Chubb stock during the last eight years. Michael P Connors, Evan G. Greenberg, and Robert J. Hugin are the most active insider traders.

Every 20 days on average, independent directors and executives of Chubb engage in stock trading, with an average transaction value of $4, 862,492. Juan Luis Ortega completed the most recent stock transaction on November 8, 2023, exchanging 1508 units of CB stock, which is presently valued at $145,914.

FAQs

What is Evan Greenberg’s age?

Evan Greenberg, who is 65 years old, has served as Chubb’s president, chief executive officer, and chairman of the board since 2007. At Chubb, there are fifteen younger and eleven elder executives.

Why did Evan Greenberg leave AIG?

When Evan Greenberg left A.I.G., neither he nor his father would discuss the reasons for his departure. An A.I.G. spokesman said Evan Greenberg has resigned, but some analysts speculated that he had been fired in a burst of anger from his father.

What is the Salary of Evan Greenberg?

The total pay Evan Greenberg receives from Chubb as Chairman of the Board, President, and CEO is $20,475,100. At Chubb, no executive gets a higher salary.

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