Andrew Tisch

Last updated
Andrew Tisch
President Trump Delivers Remarks at the Economic Club of New York (49056973667) (cropped).jpg
Tisch in 2019
Born (1949-08-14) August 14, 1949 (age 75)
Education Cornell University, BS
Harvard University, MBA
Occupationbusinessman
Known forco-chair of the Loews Corporation
Spouse(s)Susan Hiat (divorced)
Ann Rubenstein
Childrenwith Hiat:
--Alexander Hiat Tisch
--Lacey Ann Tisch
with Rubenstein:
-- 2 children
Parent(s) Wilma Stein
Larry Tisch
Family James S. Tisch (brother)
Merryl Tisch (sister-in-law)
Preston Robert Tisch (uncle)
Jonathan Tisch (cousin)
David Tisch (nephew)

Andrew Tisch (born 1949) is an American businessman, who is the co-chair of Loews Corporation, the company founded by his father Laurence Tisch and uncle Preston Robert Tisch.

Contents

Together with his brother, James S. Tisch, and his first cousin, Jonathan Tisch, Andrew oversees a holding company involved in hotels, oil, and insurance. [1]

Early life and education

Tisch was born in 1949, [2] the son of Wilma "Billie" (née Stein) and Laurence A. Tisch. [3] Both his parents were of Jewish descent. [4] [5] He has three brothers: James S. Tisch (born 1953), Daniel Tisch [6] (father of David Tisch), [7] and Thomas Jonah Tisch. [8]

Tisch attended Suffield Academy in Suffield, Connecticut [9] and then Cornell University, where he graduated in 1971 with a Bachelor of Science degree. [10] In 1977, he earned a Master of Business Administration from Harvard University. [11]

Career

Tisch worked for the family business, Loews Corporation, after school. He served as president of Bulova from 1979 to 1989; [12] and in 1990, he was named chairman and chief executive officer of Lorillard Tobacco Company where he served until 1995. [12] [13] Testifying under oath before the US Congress in 1994, Tisch said, "I believe that nicotine is not addictive," and when asked whether he knew that cigarettes caused cancer, Tisch answered under oath, "I do not believe that." [14] After the death of his father in 2003 and uncle in 2005, responsibility for the family business was put in the hands of Tisch, his brother, James S. Tisch, who served as CEO, and cousin, Jonathan Tisch, who oversees the company's hotel business.

Family

Andrew's other first cousin — Jon's brother — is Steve Tisch, the movie mogul who produced Forrest Gump , Risky Business , and other big-budget Hollywood films, as well as co-owner of the National Football League's New York Giants. Andrew has two other brothers: Tom Tisch and Dan Tisch. Both own significant stakes in Loews Corp., but are not involved on a day-to-day basis.

Community service

Tisch is active in the City Parks Foundation (chairman), the Wildlife Conservation Society (trustee/secretary), and the New York City Police Foundation (trustee/executive committee). [12] He is on the Dean's Board of Advisors at Harvard Business School, served as vice chairman of the Board of Trustees for Cornell University, and is a co-founder of the Young Women's Leadership Foundation. [15] He served as the chairman of the Economic Club of New York, as a trustee for the Brookings Institution, and as a member of the Council on Foreign Relations. [12] Andrew is active in Jewish communal affairs where he serves as a trustee for the American Jewish Joint Distribution Committee; is a founding chairman of the Jewish Leadership Forum; and as founder of the Jewish Business Leadership Forum. [12]

Personal life

Andrew has been married twice:

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Merryl H. Tisch is the former Chancellor of the New York State Board of Regents and wife of James S. Tisch, an heir to the Loews Corporation. In November 2015, she stepped down from her role after nearly 20 years on the board.

Wilma "Billie" Tisch is an American philanthropist. She is a graduate of Skidmore College and has served on its board as well as pursuing many other philanthropic ventures.

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David Tisch is a businessman and angel investor based in New York City. He is managing partner of BoxGroup, a seed-stage capital firm, and a co-founder of TechStars New York City. He is the grandson of American businessman Laurence Tisch, co-owner of Loews Corporation. His great-uncle, Preston Robert Tisch purchased the New York Giants, now co-owned by Steve Tisch, who produced the films Forrest Gump and Risky Business.

<span class="mw-page-title-main">Jessica Tisch</span> New York City commissioner

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References

  1. Jones, Dow (January 11, 2006). "Loews Names 2 as Co-Chairmen". The New York Times .
  2. "Andrew Tisch's family's journey from Ukraine". journeysanamericanstory.com. May 15, 2018. Retrieved June 23, 2021. They dated for a couple of months before getting engaged and then married on October 31, 1948. Mercifully, I was born nine months and two weeks after they were married
  3. Kandell, Jonathan (November 16, 2003). "Laurence A. Tisch, Investor Known for Saving CBS Inc. From Takeover, Dies at 80". The New York Times .
  4. Domhoff, G. William; Zweigenhaft, Richard L. (April 24, 1983). "Jews In The Corporate Establishment; Board Rooms, Clubs and Identity". The New York Times .
  5. Center for Jewish History: "Oral History of Wilma Tisch" interview by Nick Tanner November 14, 1983 | Click "Display Item" and then pdf to view
  6. The New York Observer: "The Tisch Family" By Anna Schneider-Mayerson December 18, 2006
  7. "Zara Zimmerman and David Tisch". The New York Times . November 4, 2012. Retrieved February 26, 2016.
  8. New York Times: "Nell Scovell, Writer, Marries Thomas Jonah Tisch" June 17, 1985
  9. "Suffield Academy honored the Tisch family on May 1, 2009 by formally dedicating the new field house in their name". Suffield Academy . May 1, 2009. Archived from the original on January 17, 2019. Andrew '67, Dan '69, Jim '71, and Tom Tisch '72 all attended Suffield
  10. "Andrew H. Tisch '71, 2019 recipient of the Frank H. T. Rhodes Exemplary Alumni Service Award". Cornell University . October 10, 2019. Retrieved June 23, 2021.
  11. "ANDREW H. TISCH, MBA 1977, 2012 Alumni Achievement Award Recipient". Harvard Business School . January 1, 2012. Retrieved June 23, 2021.
  12. 1 2 3 4 5 "Andrew H. Tisch". Lifestyles Magazine. Retrieved June 23, 2021. Andrew served as chairman and chief executive officer of Lorillard, Inc. (1990 to 1995), and as president of the Bulova Watch Company and Bulova Corporation (1979 to 1990).
  13. Saul, Stephanie (June 11, 2008). "Profits in Hand, Wealthy Family Cuts Tobacco Ties". The New York Times .
  14. Hilts, Philip J. (April 15, 1994). "Tobacco Chiefs Say Cigarettes Aren't Addictive". The New York Times . Retrieved July 24, 2020.
  15. "Andrew H. Tisch | Leadership & BOD at Loews Corporation". loews.com. Retrieved 2020-06-15.
  16. New York Times: "Lacey Tisch, Lowell Sidney" March 16, 2008
  17. New York Times: "WEDDINGS/CELEBRATIONS; Bara Weiss, Alexander Tisch" February 08, 2004
  18. Steinberg, Jacques (July 16, 1996). "Plan for Harlem Girls School Faces Concern Over Sex Bias". The New York Times .