David H. Long (born 1961 in

Liverpool Liverpool is a city and metropolitan borough in Merseyside, England. With a population of in 2019, it is the 10th largest English district by population and its metropolitan area is the fifth largest in the United Kingdom, with a popul ...

) is an American and British businessman who was the CEO and chairman of

Liberty Mutual Insurance Group Liberty Mutual Group is an American diversified global insurer and the sixth-largest property and casualty insurer in the United States. It ranks 71st on the Fortune 100 list of largest corporations in the United States based on 2020 revenue. Ba ...

until his retirement at the end of 2022. In September 2014 the

Obama administration Barack Obama's tenure as the 44th president of the United States began with his first inauguration on January 20, 2009, and ended on January 20, 2017. A Democrat from Illinois, Obama took office following a decisive victory over Republican ...

announced its intention to appoint Long to be a member of the Advisory Committee for Trade Policy and Negotiations.

Early life and education

Long received his BA in mathematics from Hartwick College in 1983. He received a master's degree in 1989 in finance from

Boston College Boston College (BC) is a private Jesuit research university in Chestnut Hill, Massachusetts. Founded in 1863, the university has more than 9,300 full-time undergraduates and nearly 5,000 graduate students. Although Boston College is classifie ...

. In 1985 Long was hired by Liberty Mutual Insurance Group as a

financial analyst A financial analyst is a professional, undertaking financial analysis for external or internal clients as a core feature of the job. The role may specifically be titled securities analyst, research analyst, equity analyst, investment analyst, ...

in National Accounts.

Career

Long started with Liberty Mutual in 1985 and has held positions in areas of underwriting and financial,

mergers and acquisitions Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...

, international operations, and commercial markets during the thirty-three years he has been with the company. Among his titles are president, executive vice presidents, of Commercial Markets; and chief operating officer in National Markets. He is also a founding member of Liberty Mutual Agency Corporation. He was an active participant in the company’s acquisition of Golden Eagle, Peerless Insurance, Summit, Colorado Casualty and Indiana Insurance. He retired at the end of 2022. In January 2023, Timothy M. Sweeney took over as President & CEO.

Compensation

In March 2014 it was made public that Long earned 24 percent more in 2013 than what he earned in 2012. His salary in 2013 was $6.63 million, and did not include an additional $4.67 million in incentives. In 2017, Long earned a reported $19.7 million even though Liberty Mutual's profits were lower.

Office renovation

In 2012, Long famously spent $4.5 million to renovate his 1,335-square-foot office at the Liberty Mutual headquarters in Boston, Massachusetts.

Personal life

Long is married to Stephanie Isgur Long, a fellow Hartwick graduate. Long owns a $2.3 million 5,700-square-foot home on the island of

Nantucket Nantucket () is an island about south from Cape Cod. Together with the small islands of Tuckernuck and Muskeget, it constitutes the Town and County of Nantucket, a combined county/town government that is part of the U.S. state of Massachuse ...

. In 2018, he hired a lawyer from Mintz, Levin, Cohn, Ferris, Glovsky, and Popeo to lobby state environmental officials to block the building of a dormitory for seasonal employees of the Miacomet Golf Course.

References

{{DEFAULTSORT:Long, David H. Living people 1961 births Carroll School of Management alumni American chief executives American chairpersons of corporations American corporate directors Hartwick College alumni Place of birth missing (living people)