James S. Tisch has been president and chief executive officer of Loews Corporation since 1998.
A member of the board of directors of Loews since 1986, Jim also serves as a director of CNA Financial Corporation and chairman of the board of directors of Diamond Offshore Drilling, Inc., where he served as chief executive officer until May 2008. Before joining Loews in 1977, Jim was with CNA.
Jim holds other leadership positions with business, community and international organizations. He is a director on the board of the General Electric Company. He serves as chairman of the board of WNET, parent of WNET Channel 13 and WLIW Channel 21, and is also a member of the board of directors of The New York Public Library. He is a member of the Council on Foreign Relations, and a trustee of the Mount Sinai Medical Center. Jim serves on the executive committee of the Partnership for New York City, and is a fellow of the American Academy of Arts and Sciences. He is an honorary member and past chairman of the board of governors of the Jewish Agency for Israel. Jim is past chairman of the board of the Conference of Presidents of Major American Jewish Organizations, past chairman of the board of United Jewish Communities, past president of UJA-Federation of New York, and a former director on the board of the Federal Reserve Bank of New York.
Jim is a Phi Beta Kappa graduate of Cornell University, where he majored in economics. He also holds an M.B.A. with distinction from the Wharton Graduate School of the University of Pennsylvania.
Loews Corporation is an American conglomerate headquartered in New York City. The company's majority-stake holdings include CNA Financial Corporation, Diamond Offshore Drilling, Boardwalk Pipeline Partners, and Loews Hotels.
The corporation positions itself as a value investor with a long-term focus. In recent years, Loews has also allocated significant capital for share buybacks. In the three years ended December 31, 2012, Loews spent $1.3 billion repurchasing shares. Between 1971 and 2012, the corporation reduced its shares outstanding from 1.3 billion shares to 392 million shares.