Loews Corporation announced that Ben Tisch has been promoted to Senior Vice President of Corporate Development and Strategy, effective immediately. Tisch will oversee the performance of Loews's subsidiaries and will work closely with Loews's Chief Investment Officer Richard Scott to manage the portfolios for Loews and its publicly traded P&C insurance subsidiary, CNA Financial. As a member of the leadership team, Tisch will help formulate the company's view on intrinsic value, develop and implement capital allocation strategies and monitor market conditions.