Bruce W. Schnitzer is the Chairman of the Prosperity Board of Directors. He was appointed as a member in October 2019, and elected Chairman in August 2020. He has been a successful private equity investor since 1985 and Chairman of Wand Partners, a private equity firm specialized in insurance and other specialty financial services, since 1987. From 1977 to 1985, Mr. Schnitzer was a senior executive with Marsh & McLennan, where he served as President and CEO of Marsh, Inc. (the world-wide insurance broker) and as Chief Financial Officer of Marsh & McLennan Companies, Inc. (NYSE-MMC). Prior to joining Marsh & McLennan, Mr. Schnitzer was a Vice President and head of Mergers & Acquisitions at Morgan Guaranty Trust Company (J.P. Morgan) — 1967-76.
Mr. Schnitzer is a director of several other private companies in which Wand is involved. He also serves on several non-profit boards, including as Chairman of The Institute of Human Origins, a Director of The Litchfield Land Trust, and the Scherr-Thoss Charitable Foundation. Mr. Schnitzer graduated from the University of Texas, Austin (B.B.A. and M.B.A.).