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Jay had been diagnosed with ALS (Amyotrophic Lateral Sclerosis) just a year prior, in August of 2015.  He was then the Chief Executive Officer of Travelers and the Chairman, as well.   He resigned as CEO upon receiving his diagnosis and conceded that job to Alan Schnitzer as of December 2015.

Jay Fishman held the position of CEO from the April 2004 merger of The St. Paul Companies, Inc. with Travelers Property Casualty Corp., and then he assumed the additional role of Chairman in September 2005.  From October 2001 until April 2004, Fishman was Chairman, Chief Executive Officer, and President of The St. Paul Companies.  He held several key executive posts at Citigroup from 1998 to October 2001, including Chairman, Chief Executive Officer and President of its Travelers Insurance business.

Starting in 1989, he worked as an executive at Primerica Corporation, which became part of Citigroup in 1998.  Fishman was a director of ExxonMobil Corporation from 2010 to 2016, and a director of Carlyle Group Management L.L.C. from 2012 to 2015. 

Fishman served as Chairman of the Board of New York City Ballet and was a Board Member for the Lincoln Center for the Performing Arts.

He was a trustee of the New York-Presbyterian Hospital and of the University of Pennsylvania, where he earned a bachelor’s degree in economics and a master’s degree in accounting from the Wharton School.

Travelers’ media contact, Patrick Linehan, wrote by e-mail today, “He was an extraordinary person and he had such a positive impact on so many people throughout his professional and personal life.  I feel fortunate just to have known him.”

Jay’s successor as CEO, Alan Schnitzer, wrote in a Travelers’ news release on August 19^th 2016: “Jay led Travelers with an eye towards more than just success as it is traditionally measured.  In part because of that philosophy, he led Travelers to unprecedented success by every measure.  Though he would be too humble to admit it, Jay was an icon among corporate leaders.  As his friend, I’m grateful to Jay for his mentorship and company’s future success.  I’ll miss my dear and close friend, and on behalf of all of us at Travelers, our hearts go out to his wife of nearly 40 years and childhood sweetheart, Randy Fishman, and Jay and Randy’s children and their beloved grandchildren.” 

By journalist Lonce LaMon, lonce@adjustercom.com, drawn from some News Releases of The Travelers and other sources.