ARCHIVES Search | Login | Search Tips | FAQ | Pricing | About the Archive | Terms
Document
Advanced Saved Saved Help
Start a New Search
Buy Complete Document: AbstractAbstract Full Text Full Text
TOUGH NEW CEO SEES GROWTH AS BEST WAY TO BOOST MORALE
[STATEWIDE Edition]
Hartford Courant - Hartford, Conn.
Author: Levick, Diane||||||Courant Staff Writer
Date: Mar 27, 1994
Start Page: A.11
Section: MAIN
Abstract (Document Summary)

[Robert I. Lipp], 55, has been chief executive officer of The Travelers Insurance Cos. since they were acquired in December by Weill's Primerica Corp., now called The Travelers Inc. A relative newcomer and only part - time resident of Connecticut, New Yorker Lipp is still introducing himself to the area and the insurance company.

"He almost disdains them, in a way, because he sees them as a shareholder," says James F. Calvano, Travelers chief administrative officer, who's known Lipp since the mid - 1980s. Lipp sees materialistic surroundings as unnecessary and a waste of company money, Calvano says.

Lipp "does not take himself or things so seriously that it becomes a religious experience to try to do business," says Calvano. The two men have known each other since they led the turnaround of Baltimore - based Commercial Credit, a consumer finance company where Lipp was chief executive.

Buy Complete Document: AbstractAbstract Full Text Full Text

Most Viewed Articles  (Updated Daily)