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Alan D. Schnitzer

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'''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.<ref name="Fishman's last day as Travelers CEO">{{cite web|title=Fishman's last day as Travelers CEO|url=http://www.hartfordbusiness.com/article/20151130/NEWS01/151139994/1002|website=HartfordBusiness.com|publisher=Hartford Business Journal|accessdate=1 December 2015|date=30 November 2015}}</ref><ref name=":0">{{Cite news|url=https://www.reuters.com/article/brief-travelers-ceo-alan-schnitzer-elect-idUSASB0BCHZ|title=BRIEF-Travelers CEO Alan Schnitzer elected chairman of board|last=|first=|date=|work=Reuters|access-date=2017-08-02|archive-url=|archive-date=|dead-url=}}</ref> He was previously [[Vice Chairman]] of Travelers, and Chief Executive Officer of the company's Business and International Insurance segment.<ref>{{cite web|last1=Giammon|first1=Craig|title=Travelers Names Schnitzer Unit CEO as Cunningham Departs|url=https://www.bloomberg.com/news/articles/2014-06-10/travelers-promotes-schnitzer-as-cunningham-departs|publisher=Bloomberg News|accessdate=6 August 2015}}</ref><ref>{{Cite news|url=https://www.insurancejournal.com/news/national/2014/06/10/331491.htm|title=Travelers Promotes Schnitzer, Spadorcia in Business Segment Moves|date=2014-06-10|work=Insurance Journal|access-date=2018-09-02|language=en-US}}</ref> Schnitzer oversaw Travelers’ Field Management, Corporate Communications and Public Policy organizations.<ref name="Travelers Appoints">{{cite web|title=Travelers Appoints Business CEO|url=http://www.intelligentinsurer.com/news/travelers-appoints-business-ceo-2706|publisher=Intelligent Insurer|accessdate=6 August 2015}}</ref>

==Education==
Schnitzer received his [[Bachelor's degree]] from [[The Wharton School of the University of Pennsylvania]], graduating ''[[magna cum laude]]''. He earned his [[Juris Doctor|J.D.]] from [[Columbia Law School]] where he was a Harlan Fiske Stone Scholar.<ref>{{cite web|title=Travelers Cos Inc : Travelers Names Alan D. Schnitzer as Vice Chairman|url=http://www.4-traders.com/TRAVELERS-COS-INC-14449/news/Travelers-Cos-Inc--Travelers-Names-Alan-D-Schnitzer-as-Vice-Chairman-329749/|publisher=4-Traders|accessdate=6 August 2015}}</ref>

==Career==
Schnitzer became [[Chief executive officer|Chief Executive Officer]] of Travelers in December 2015, and was elected Chairman of the Board in August 2017.<ref name=":0" /> 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.<ref name="Travelers Appoints">{{cite web|title=Travelers Appoints Business CEO|url=http://www.intelligentinsurer.com/news/travelers-appoints-business-ceo-2706|publisher=Intelligent Insurer|accessdate=6 August 2015}}</ref> Previously, he headed the company’s Financial, Professional and International Insurance segment.<ref name=TRV>{{cite web|title=Travelers Companies Inc (TRV)|url=https://www.reuters.com/finance/stocks/companyOfficers?symbol=TRV|publisher=Reuters|accessdate=6 August 2015}}</ref> Schnitzer was instrumental in repositioning the company’s international business, including Travelers’ expanded presence in [[South America]] and [[Canada]].<ref>{{Cite web|url=https://www.insurancebusinessmag.com/us/news/breaking-news/travelers-gains-majority-interest-in-brazilian-pandc-22154.aspx|title=Travelers gains majority interest in Brazilian P&C|last=Gregorie|first=Jill|website=Insurance Business|language=en|access-date=2018-09-02}}</ref> 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).<ref name="Travelers to Buy">{{cite web|last1=Buhayar|first1=Noah|title=Travelers to Buy E-L’s Dominion of Canada for $1.1 Billion|url=https://www.bloomberg.com/news/articles/2013-06-10/travelers-to-buy-e-l-s-dominion-of-canada-for-1-1-billion-1-|publisher=Bloomberg News|accessdate=6 August 2015}}</ref> In 2015, Travelers’ joint venture with J. Malucelli acquired a majority interest in Cardinal Compañía de Seguros, a Colombian start-up [[surety]] provider.<ref name="Columbian Insurance Startup">{{cite web|last1=Cao|first1=Jing|title=Travelers to Buy Stake in Colombian Insurance Startup|url=https://www.bloomberg.com/news/articles/2014-12-10/travelers-to-buy-stake-in-colombian-insurance-startup|publisher=Bloomberg News|accessdate=6 August 2015}}</ref><ref>''[http://www.nasdaq.com/article/travelers-completes-acquisition-of-cardinal-compania-cm526329 Travelers Completes Acquisition of Cardinal Compania]'', First Edition, Flexible Minds, Manchester, 2002, p. 18</ref>

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.<ref name="Chief Legal Officer">{{cite web|last1=Parekh|first1=Rupal|title=Travelers names vice chairman-chief legal officer|url=http://www.businessinsurance.com/article/20070403/NEWS/20009911/travelers-names-vice-chairman-chief-legal-officer|publisher=Business Insurance|accessdate=6 August 2015}}</ref> 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.<ref name=CLO>{{cite web|title=Travelers Names Schnitzer CLO|url=http://www.propertycasualty360.com/2007/04/03/travelers-names-schnitzer-clo|publisher=Property Casualty 360|accessdate=6 August 2015}}</ref>

==Advisory positions==
Schnitzer is on the Advisory Board for the [[University of Pennsylvania]]’s Institute for Urban Research,<ref name="Advisory Boards">{{cite web|title=Advisory Boards|url=http://penniur.upenn.edu/about/advisory-boards/|publisher=PennIUR.UPenn.edu|accessdate=6 August 2015}}</ref> and he is a member of the Council on Foreign Relations.<ref name="Membership Roster">{{cite web|title=Membership Roster|url=http://www.cfr.org/about/membership/roster.html?letter=s|publisher=Council on Foreign Relations|accessdate=6 August 2015}}</ref> He served on the [[U.S. Securities and Exchange Commission]]’s Investor Advisory Committee created under the [[Dodd-Frank Act]].<ref name=IAC>{{cite web|title=Investor Advisory Committee|url=https://www.sec.gov/spotlight/investor-advisory-committee-2012.shtml|publisher=SEC|accessdate=6 August 2015}}</ref> He is also a member of [[The Business Council]].<ref>{{Cite web|url=https://businesscouncil.com/active-members/char/S/|title=Active Members - The Business Council|website=businesscouncil.com|language=en-US|access-date=2018-09-02}}</ref>

==Philanthropy==
Schnitzer is on the Board of Directors for the Connecticut Council for Education Reform (CCER).<ref name="Board of Directors">{{cite web|title=Board of Directors|url=http://ctedreform.org/who-we-are/board-of-directors/|publisher=Connecticut Council for Education Reform|accessdate=6 August 2015}}</ref> He is a member of the Metropolitan Museum of Art’s Business Committee.<ref>"[http://www.metmuseum.org/give-and-join/corporate-support/business-committee The Met Business Committee]"</ref> Schnitzer also serves on the board of directors of the [[New York City Ballet]]<ref>http://www.nycballet.com/About/Board-and-Staff/Board-of-Directors.aspx</ref> and [[Partnership for New York City]].<ref>{{Cite web|url=http://pfnyc.org/board-of-directors/|title=Partnership for New York City|website=pfnyc.org|language=en-US|access-date=2017-06-14}}</ref>

==Awards==
Schnitzer received the Metropolitan Museum of Art’s Business Committee Civic Leadership Award in the spring of 2015.<ref name="Met Museum">{{cite web|title=Met Museum Spring Gala: Business Committee Civic Leadership Award|url=http://newyorkcity.eventful.com/events/met-museum-spring-gala-business-committee-civic-/E0-001-081270974-7|publisher=NewYorkCity.Eventful.com|accessdate=6 August 2015}}</ref>

==References==
{{reflist|2}}

{{DEFAULTSORT:Schnitzer, Alan D.}}
[[Category:The Travelers Companies]]
[[Category:Living people]]
[[Category:Wharton School of the University of Pennsylvania alumni]]
[[Category:1965 births]]
[[Category:Place of birth missing (living people)]]
[[Category:Columbia Law School alumni]]
[[Category:Simpson Thacher & Bartlett partners]]
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