Name Alan Schnitzer | ||
Alan D. Schnitzer (born 1965) is Chairman and Chief Executive Officer of The Travelers Companies, Inc. (NYSE: TRV), a leading provider of property casualty insurance for auto, home and business. He was previously Vice Chairman of Travelers, and Chief Executive Officer of the company's Business and International Insurance segment. Schnitzer oversaw Travelers’ Field Management, Corporate Communications and Public Policy organizations.
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Education
Schnitzer received his Bachelor's degree from The Wharton School of the University of Pennsylvania, graduating magna cum laude. He earned his J.D. from Columbia Law School where he was a Harlan Fiske Stone Scholar.
Career
Schnitzer became Chief Executive Officer of Travelers in December 2015, and was elected Chairman of the Board in August 2017. Schnitzer was named Vice Chairman and Chief Executive Officer of Business and International Insurance for Travelers in July 2014. He also oversaw Field Management, Corporate Communications and Public Policy. Previously, he headed the company’s Financial, Professional and International Insurance segment. Schnitzer was instrumental in repositioning the company’s international business, including Travelers’ expanded presence in South America and Canada. In 2013, under Schnitzer's leadership, Travelers’ International Insurance acquired The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited (TSX: ELF). In 2015, Travelers’ joint venture with J. Malucelli acquired a majority interest in Cardinal Compañía de Seguros, a Colombian start-up surety provider.
Schnitzer first joined Travelers in 2007 as Vice Chairman and Chief Legal Officer and has served on the company’s Management and Operating Committees since that time. In that role he oversaw the company’s legal, public policy and government affairs functions.
Prior to joining Travelers, Schnitzer was a partner at the law firm of Simpson Thacher & Bartlett LLP, where he advised corporate clients on a variety of transactions and general corporate law matters. While at Simpson Thacher, Schnitzer served as Travelers’ lead outside counsel.
Advisory positions
Schnitzer is on the Advisory Board for the University of Pennsylvania’s Institute for Urban Research, and he is a member of the Council on Foreign Relations. He served on the U.S. Securities and Exchange Commission’s Investor Advisory Committee created under the Dodd-Frank Act. He is also a member of The Business Council.
Philanthropy
Schnitzer is on the Board of Directors for the Connecticut Council for Education Reform (CCER). He is a member of the Metropolitan Museum of Art’s Business Committee. Schnitzer also serves on the board of directors of the New York City Ballet and Partnership for New York City.
Awards
Schnitzer received the Metropolitan Museum of Art’s Business Committee Civic Leadership Award in the spring of 2015.