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Liberty Mutual acquired Safeco in 2008 for 6.2 Billion Dollars. Since that time, the companies have become more alike than different. The one major difference is that Liberty Mutualâs auto and home products are sold through âexclusive agentsâ whil...
âAlthough Liberty Mutual Holding Co. Inc. is not a publicly traded company, we emulate many of the best practices used by public companies,ââ he said. The spokesman suggested the company did not include Kellyâs compensation in the 2011 annual report because he retired as CEO in June. Liberty Mutual did disclose the pay for his successor, David H. Long, the former president; he earned $5.3 million last year. Because it is not publicly traded, Liberty Mutual is not required to report executive pay to the Securities and Exchange Commission.