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Jay S. Fishman

From Alfawiki
Jay Fishman
BornTemplate:Birth date
New York City, U.S.
DiedAugust 19, 2016(2016-08-19) (aged 63)
New Jersey, U.S.
OccupationBusiness executive
Years active1989–2016
Known forChairman and CEO of The Travelers Companies

Jay Steven Fishman (November 4, 1952 – August 19, 2016) served as chairman and chief executive officer of The Travelers Companies for 11 years until December 2015, when he resigned following a diagnosis of ALS. From that point until his passing in August 2016, he held the position of executive chairman at Travelers.

Education

A native of New York City, Fishman obtained a master's degree in accounting from the Wharton School of Business and graduated magna cum laude with a bachelor's degree in economics from the University of Pennsylvania.

Career

From 1989 through October 2001, Fishman occupied significant leadership positions at Commercial Credit Corp., Primerica, Travelers, and Citigroup.

He assumed the roles of chairman and CEO at TRV after the 2004 merger between The St. Paul Companies—where he had been chairman, CEO, and president—and Travelers Companies. Prior to October 2001, he guided The Travelers Insurance Group and its successor organizations through multiple leadership capacities amid corporate restructuring and mergers.

In 2008, while serving as CEO of Travelers, Fishman's total remuneration amounted to $16.8 million, which included a base salary of $1 million and a cash bonus of $5 million.

Fishman actively participated on various boards linked to education and finance, such as the University of Pennsylvania's board of trustees and the advisory board for Wharton's Financial Institutions Center. Additionally, he was a board member for the National Academy Foundation and Exxon Mobil Corporation.

Within the arts and healthcare fields, Fishman chaired the New York City Ballet's board starting in 2012, contributed to the Lincoln Center board, and was a trustee at New York-Presbyterian Hospital.

On August 4, 2015, Fishman publicly announced his decision to step down as CEO due to ALS. He died on August 19, 2016, in New Jersey.

Personal

In 1976, Fishman wed Randy Lee Chapman. The couple had two sons and three grandchildren. He was survived by his wife and sister.

See also

External links