10 Things You Didn’t Know about Travelers Cos CEO Alan Schnitzer

The Travelers Companies is one of the leading providers of casualty property insurance in the United States. It provides insurance for individuals and businesses which cover property, vehicles and financial products. It has a field office in every state and also has operations abroad. The CEO of the company is Alan Schnitzer and here are ten things that you may not know about him.

1. He Was Previously CEO Of The Business and International Insurance Segment

Before he became CEO of the whole company he was in charge of the business and international insurance segment, which is a large part of the whole business. During his time in this role he was instrumental in expanding into new markets such as South Africa and Canada. His impressive performance in this role was one of the main reasons why he was the first choice when the position of CEO became available.

2. He Attended The University Of Pennsylvania

Alan Schnitzer attended The Wharton School at the University Of Pennslyvania where he got his Bachelor’s Degree. This business school has produced more billionaires than any other business school in the United States. Attending this school helped to get his career off to a good start because it carries with it an assurance of the quality of the candidate.

3. He Got His Juris Doctor From Columbia Law School

His background was in business but after he graduated from Pennslyvania he attended Columbia Law School in New York. During his time here he was appointed as a Harlan Fiske Stone Scholar which is awarded to a student that shows superior academic achievement. This is only awarded to one student in every class and so is not as easy award to win.

4. He Was Appointed Chairman Of The Board In 2017

He had been serving as CEO of Travelers Companies for a number of years when he was also offered the position of Chairman of the Board. It is not uncommon for CEOs to hold this role as well in big businesses because it creates a link between the board and the employees of the business.

5. He Was A Partner At Simpson Thacher & Bartlett

Before he started working for Travelers Companies he was a partner at the law firm Simpson, Thatcher & Bartlett. While he was working here he built up a good working relationship with Travelers Companies as they were clients of his. His time as a lawyer taught him many valuable skills that he was able to take into his role as CEO.

6. He Serves On The Advisory Board Of The Institute for Urban Research At The University Of Pennsylvania

He still has strong ties with the University of Pennsylvania and carries out a number of roles for the institution. One of these is serving on the advisory board of the Institute for Urban Research which focuses on research into issues that are faced by cities all over the world.

7. He Is A Member Of The Business Council

The Business Council is an organization that is made up of the CEOs of some of the worlds largest companies. The purpose of the council is to discuss and work on issues that affect all types of business. Membership of this council is personal not corporate and membership is by invitation only.

8. He Is A Member Of The Metropolitan Museum of Art’s Business Committee

Alan Schnitzer serves in a number of voluntary roles and his work for the Met is an example of this. The business committee is made up of member from some of the biggest companies in New York and their focus is raising money to help with the running of the museum. They also donate money personally and on behalf of the companies they work for.

9. He Is Married To Anne Berman

He and his wife Anne Berman have been married since 1994. They both attended the University of Pennslyvania at the same time. She is also a lawyer that graduated with an MBA from Columbia Law School.

10. His Salary Is $1 Million

The salary that Alan Schnitzer earns as CEO of Travelers Companies is $1 million annually. His annual income can be as much as fifteen times higher than this though as he also receives bonuses and stock options. His salary as CEO is on par with that earned by CEOs of similar sized companies.



Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Freidrich Nietzsche
The 20 Best Friedrich Nietzsche Quotes That Apply to Business
Alex Karp
10 Things You Didn’t Know about Alex Karp
Raphael Bostic
10 Things You Didn’t Know about Raphael Bostic
10 Things You Didn’t Know about Raj Jana
Vermont
How to File for Unemployment in Vermont
Utah
How to File For Unemployment in Utah
Tennessee
How to File for Unemployment in Tennessee
South Dakota
How to File for Unemployment in South Dakota
Duke Basketball Museum and Hall of Fame
The 20 Best Things to Do in Durham, NC for First Timers
Cedar Point
The 20 Best Things to do in Sandusky, OH for First Timers
USS Alabama Battleship Memorial Park
The 20 Best Things to Do in Mobile AL for First Timers
San Augustin Church and Museum
The 20 Best Things to Do in Manila, Philippines for First Timers
2021 Audi Q5
A Closer Look at The 2021 Audi Q5
2021 Ford GT
A Closer Look at the 2021 Ford GT
2022 BMW iNext 3
10 Things You Didn’t Know About the 2022 BMW iNext
INEOS Grenadier 3
10 Things You Didn’t Know about The INEOS Grenadier
Tudor Black Bay Fifty-Eight Navy Blue
A Closer Look at The Tudor Black Bay Fifty-Eight Navy Blue
Laurent Ferrier Classic Origin Opaline
A Closer Look at the Laurent Ferrier Classic Origin Opaline
Jaeger-LeCoultre Master Control Memovox
A CLoser Look at The Jaeger-LeCoultre Master Control Memovox
A Closer Look at The Maurice de Mauriac L3 Chronograph Red Crystal
Ralph Macchio
How Ralph Macchio Achieved a Net Worth of $4 Million
Winona Ryder
How Winona Ryder Achieved a Net Worth of $18 Million
Swae Lee
How Swae Lee Achieved a Net Worth of $9 Million
Rory McIlroy
How Rory McIlroy Achieved a Net Worth of $150 Million