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.

Insurance
20 Things You Didn’t Know About Next Insurance
Bryan Cranston
How Bryan Cranston Achieved a Net Worth of $30 Million
Software as a Service
20 Things You Didn’t Know About Coveo
WeFox Group
20 Things You Didn’t Know About Wefox
Home Depot
10 Stocks to Consider if You Like Home Depot
Disney
10 Stocks to Consider if You Like Disney
Twitch
What is TwitchStocks and Should You Join?
Stock Market
10 Stocks to Consider if You Like AMD
Phoenix Neighborhoods
The 20 Best Places to Live in Phoenix Arizona
Portugal
The 20 Best Places In the World for Expats to Live
The 20 Best Places to Live in London
The 20 Best Places to Live in Sacramento
Biltmore
The 20 Best Things to Do in North Carolina for First Time Visitors
Cliffs of Moher
The 20 Best Things To Do In Ireland For First-Timers
Santa Cruz
The 10 Best Seafood Restaurants in Santa Cruz, CA
The 10 Best Hotels in Corpus Christi, TX
Mercedes S-Class
The 20 Most Influential Cars of the Last Decade
Awesome Used Cars
20 Awesome Used Cars for Under $10,000
2020 Tesla Model S
The 20 Most Long Range Electric Cars for 2020
lambo
20 Reasons to Consider Getting a Certified Pre-Owned Car
V1 class auto white
The 20 Best Egard Watches of All-Time
Gamma 2
The 20 Best Reactor Watches In The World
Rado Watches
The 20 Best Rado Watches of All-Time
Flieger Cockpit one 1 Aviatis watch day date Automatic 704.21.18 L.01
The 10 Best Fortis Watches of All-Time