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  • PRICE$152.37
  • PRICE CHANGE$0.77
  • % CHANGE0.51%
  • TWEETS5
  • CONSENSUSSTRONG BUY

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STRONG BUY

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  •  Strong Buy
  •  Buy
  •  Hold
  •  Sell
  •  Strong Sell

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THE TRAVELERS COMPANIES, INC. (TRV) News

2018 Travelers Championship Generates $1.8 Million for Charity

The Travelers Companies, Inc. (NYSE: TRV) today announced that the 2018 Travelers Championship generated $1.8 million for charity. The tournament contributes 100 percent of its net proceeds to nonprofits throughout the region, and this year’s funding will support approximately 130 worthy organizations. The Travelers Championship has generated more than $16 million for more than 700 local charities since Travelers became title sponsor in 2007.

“We work hard to make the Travelers Championship a world-class event — attracting top players, thousands of dedicated fans and, ultimately, raising a significant amount of money for so many worthy causes,” said Alan Schnitzer, Chairman and Chief Executive Officer of Travelers. “Congratulations to our 2018 champion, Bubba Watson, for his impressive win against the world’s best golfers. We’re grateful for everyone’s support in helping to make this another unforgettable week.”

The tournament’s primary beneficiary, The Hole in the Wall Gang Camp, was founded in 1988 by Paul Newman and provides a camp experience for children facing serious illnesses. Three campers — Tyler Backus, Carly Demartino and Jeremy Brown — served as the Honorary Co-Chairs this year, helping to raise awareness about the important role Camp plays in the lives of more than 20,000 children and family members each year.

In addition to ticket sales, there were a number of events that contributed to the tournament’s charitable focus. The sold-out Women’s Day Breakfast was headlined by renowned journalist Norah O’Donnell along with Tony Award-nominated actor Christopher Jackson from the original Broadway cast of “Hamilton.” The Travelers Celebrity Pro-Am featured O’Donnell and Jackson, as well as actor/comedian George Lopez, actor Dane DeHaan, New York Jets wide receiver Jermaine Kearse, former NFL quarterback Boomer Esiason, broadcaster Chris Berman and 10-time NBA All-Star Ray Allen, among others. The Liberty Bank Concert Series featured shows from rock band Survivor and country singer Tyler Farr.

Proceeds will also benefit the Jay S. Fishman Fund at the Bruce Edwards Foundation for ALS Research. The fund was established in memory of Jay Fishman, the former Chairman and Chief Executive Officer of Travelers.

The 2019 Travelers Championship will take place June 17–23 at TPC River Highlands in Cromwell, Connecticut. For more information, visit TravelersChampionship.com.

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