Robert I. Lipp
Robert I. Lipp | |
|---|---|
| Education | Williams College (1960), Harvard University (MBA), New York University (JD) |
| Occupation(s) | Business executive, senior advisor |
| Known for | Executive chairman of StoneRiver Group, former chairman and CEO of Citigroup Global Consumer Group, vice chairman of Citigroup |
| Spouse | Martha Berman |
| Children | 5 |
Robert I. Lipp serves as a senior advisor at Stone Point Capital and holds the position of executive chairman at StoneRiver Group, L.P., which is part of the Trident IV investment portfolio.
Education
Lipp completed his undergraduate studies at Williams College in 1960, an institution that later honored him with a degree. He earned an M.B.A. from Harvard University and obtained a J.D. from New York University.
Career
Prior to his role at Stone Point, Lipp was a senior partner at Brysam Global Partners, where he concentrated on private equity investments. Additionally, he acted as senior advisor and director at JP Morgan Chase, with responsibilities centered on international consumer banking and the development of executive management. He formerly held the positions of chairman and CEO of Citigroup Global Consumer Group, as well as vice chairman of Citigroup.
Lipp was instrumental in orchestrating the spin-off and initial public offering of Travelers Property Casualty Corporation in 2002, marking the largest insurance IPO in U.S. history at that time. He remained chairman and CEO until the company's 2004 merger with St. Paul Companies, subsequently assuming the role of executive chairman for the merged board.
Before joining Citigroup, Lipp dedicated 23 years to Chemical Bank, ultimately advancing to president and director.
Personal life
Lipp is married to Martha Berman; together they have five children and twelve grandchildren. Their daughter Anne Rose Berman is married to Alan Schnitzer, who serves as CEO of Travelers Insurance.
He has chaired the board of trustees at Williams College and currently acts as president of the board of directors for the New York City Ballet. Furthermore, Lipp is a member of the board of trustees at Carnegie Hall.