Jay Fishman, W'74, WG'74

2011 Joseph Wharton Award for Leadership

Jay Fishman, W'74, WG'74
Chairman and CEO, Travelers Companies

Jay S. Fishman, 58, is Chairman and Chief Executive Officer of The Travelers Companies, Inc., a component of the Dow Jones Industrial Average with assets in excess of $100 billion and revenues in excess of $25 billion. Travelers offers a wide range of property and casualty insurance products and services to businesses, organizations and individuals in the United States and selected international markets.

Mr. Fishman first became associated with Travelers when he was named the insurer’s Chief Financial Officer in 1993, upon the company’s acquisition by Primerica Corp., where he served as an executive. Primerica later became Citigroup.

He was named President and Chief Executive Officer of Travelers in 1998 and Chairman in 2000. From early 2000 until October 2001, Mr. Fishman also served in a number of Citigroup senior positions.

He joined The St. Paul Companies in October 2001 as Chairman, President and Chief Executive Officer. In April 2004, The St. Paul Companies merged with Travelers Property Casualty Corp., which had since been divested by Citigroup. Mr. Fishman was named President and Chief Executive Officer of the merged company in April of 2004 and, in 2005, was also named Chairman.

Mr. Fishman is an alumnus of the University of Pennsylvania, having graduated with a bachelor’s degree in Economics, magna cum laude, in 1974 and a master’s degree in Accounting from the Wharton School, also in 1974. He remains active at the University of Pennsylvania, where he is a member of the Board of Trustees, the Board of Overseers for the School of Veterinary Medicine, the Industry Advisory Board of the Financial Institutions Center for The Wharton School, and serves as Chairman of the Travelers/Wharton Partnership for Risk  Management and Leadership to provide risk management leadership and policy research, risk analysis and outreach.

Also, Mr. Fishman serves on the Board of Directors of ExxonMobil Corporation, is the Chairman of the American Insurance Association and is an active member of The Business Council.  He also serves on the Board of Directors of The Philharmonic-Symphony Society of New York and is a Vice Chairman of the Kennedy Center Corporate Fund Board in Washington D.C.

Mr. Fishman and his wife, Randy, have two children..