Robert I. Lipp
Encyclopedia
Robert I. Lipp is a senior partner at Brysam Global Partners
, a private equity firm. He is a former member of the board of JP Morgan Chase, and a director for Accenture
and The Travelers Companies Inc.
Lipp is notable for having been part of the team that engineered the $16 billion deal in 2003 that resulted in the merger of insurance giants St. Paul Companies and Travelers Property Casualty Corporation. He was CEO of Travelers at the time of the merger. Mr. Lipp also played a role in JP Morgan's acquisition of Bear Stearns
in March 2008.
Mr. Lipp began his career as a teller at Chemical Bank (now a part of JP Morgan Chase), where he rose to the position of president and director, leaving there when he was invited by Sandy Weill in 1986 to join what ultimately became Citigroup
.
He is a member of the board of directors of the New York City Ballet
and the board of trustees of the Massachusetts Museum of Contemporary Art
.
Mr. Lipp received his undergraduate degree (and received an honorary degree) at Williams College
, his M.B.A. at Harvard University
and his J.D. at New York University
.
Brysam Global Partners
Brysam Global Partners is a private equity firm that specializes in consumer financial services in emerging markets. It was founded in January 2007 by Marjorie Magner and Robert Willumstad....
, a private equity firm. He is a former member of the board of JP Morgan Chase, and a director for Accenture
Accenture
Accenture plc is a global management consulting, technology services and outsourcing company headquartered in Dublin, Republic of Ireland. It is the largest consulting firm in the world and is a Fortune Global 500 company. As of September 2011, the company had more than 236,000 employees across...
and The Travelers Companies Inc.
Lipp is notable for having been part of the team that engineered the $16 billion deal in 2003 that resulted in the merger of insurance giants St. Paul Companies and Travelers Property Casualty Corporation. He was CEO of Travelers at the time of the merger. Mr. Lipp also played a role in JP Morgan's acquisition of Bear Stearns
Bear Stearns
The Bear Stearns Companies, Inc. based in New York City, was a global investment bank and securities trading and brokerage, until its sale to JPMorgan Chase in 2008 during the global financial crisis and recession...
in March 2008.
Mr. Lipp began his career as a teller at Chemical Bank (now a part of JP Morgan Chase), where he rose to the position of president and director, leaving there when he was invited by Sandy Weill in 1986 to join what ultimately became Citigroup
Citigroup
Citigroup Inc. or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate...
.
He is a member of the board of directors of the New York City Ballet
New York City Ballet
New York City Ballet is a ballet company founded in 1948 by choreographer George Balanchine and Lincoln Kirstein. Leon Barzin was the company's first music director. Balanchine and Jerome Robbins are considered the founding choreographers of the company...
and the board of trustees of the Massachusetts Museum of Contemporary Art
Massachusetts Museum of Contemporary Art
The Massachusetts Museum of Contemporary Art, commonly referred to as MASS MoCA, is a museum in a converted factory building located in North Adams, Massachusetts, USA. It is one of the largest centers for contemporary visual art and performing arts in the country.MASS MoCA opened with 19...
.
Mr. Lipp received his undergraduate degree (and received an honorary degree) at Williams College
Williams College
Williams College is a private liberal arts college located in Williamstown, Massachusetts, United States. It was established in 1793 with funds from the estate of Ephraim Williams. Originally a men's college, Williams became co-educational in 1970. Fraternities were also phased out during this...
, his M.B.A. at Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
and his J.D. at New York University
New York University
New York University is a private, nonsectarian research university based in New York City. NYU's main campus is situated in the Greenwich Village section of Manhattan...
.