Robert I. Lipp is a senior advisor of Stone Point Capital and the executive chairman of StoneRiver Group, L.P., a Trident IV portfolio company.

Education

Lipp attended (and received an honorary degree from)

Williams College Williams College is a private liberal arts college in Williamstown, Massachusetts. It was established as a men's college in 1793 with funds from the estate of Ephraim Williams, a colonist from the Province of Massachusetts Bay who was kille ...

. He graduated from Williams in 1960. He received his M.B.A. at

Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of highe ...

and his J.D. at

New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin. In 1832, th ...

Career

Prior to joining Stone Point, Lipp was a senior partner at

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. On September 7, 2007, Brysam completed a $228m (US) ...

, a private equity firm, and had been senior advisor and director at

JP Morgan Chase JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the w ...

, where he focused on international consumer banking and senior-level executive management development. He is the former chairman and chief executive of Citigroup Global Consumer Group, and a former vice chairman of

Citigroup Citigroup Inc. or Citi ( stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomera ...

. Following his tenure at Citigroup, Lipp led the spin-off from Citigroup and the initial public offering (IPO) of Travelers Property Casualty Corporation in 2002, which at the time was the largest insurance industry IPO in U.S. history. He served as chairman and CEO of Travelers Property Casualty Corporation until its merger in 2004 with St. Paul Companies, Inc. and became executive chairman of the combined Board at that time. Prior to joining

, Lipp spent 23 years with

Chemical Bank Chemical Bank was a bank with headquarters in New York City from 1824 until 1996. At the end of 1995, Chemical was the third-largest bank in the U.S., with about $182.9 billion in assets and more than 39,000 employees around the world. Beginning ...

, where he rose to the position of president and director.

Personal life

Lipp is married to Martha Berman and together they have five children and twelve grandchildren. Successful and notable children include Anne Rose Berman who is married to the CEO of Travelers Insurance, Alan Schnitzer. Lipp has served as chair of the board of trustees of

. Lipp is president of the board of directors of the

New York City Ballet New York City Ballet (NYCB) is a ballet company founded in 1948 by choreographer George Balanchine and Lincoln Kirstein. Balanchine and Jerome Robbins are considered the founding choreographers of the company. Léon Barzin was the company ...

NY Times: City Ballet Names New Leaders and on the board of trustees at

Carnegie Hall Carnegie Hall ( ) is a concert venue in Midtown Manhattan in New York City. It is at 881 Seventh Avenue, occupying the east side of Seventh Avenue between West 56th and 57th Streets. Designed by architect William Burnet Tuthill and built ...

References

Living people Williams College alumni Harvard Business School alumni New York University School of Law alumni JPMorgan Chase people Private equity and venture capital investors American chief executives of financial services companies The Travelers Companies Year of birth missing (living people) {{US-business-bio-stub