SAINT PAUL, Minn., Feb 10, 2003 (BUSINESS WIRE) -- The St. Paul Companies
(NYSE:SPC) announced today that Samuel G. Liss has been named Executive Vice
President-Business Development, a newly created position in the company.
"We know Sam well from his work with us, and he brings a unique blend of skills
and experience to The St Paul, given his background as both an accomplished
investment banker and highly regarded securities analyst across the full breadth
of the financial services arena," said Jay Fishman, chairman and chief executive
Liss had been a Managing Director at Credit Suisse First Boston from 1994 to
2001, serving in a senior investment banking relationship, advisory and
execution role in CSFB's Financial Institutions Group, including leadership of
its asset management industry practice. Prior to 1999, he was a top ranked
analyst covering the finance, brokerage, asset management and insurance sectors.
Liss was a senior analyst at Salomon Brothers from 1980 to 1994.
Liss earned his Bachelor of Arts degree from Wesleyan University, pursued
graduate studies at the London School of Economics and Political Science, and
received his Masters of Business Administration degree from New York University.
The St. Paul Companies, headquartered in Saint Paul, Minn., USA, provides
commercial property-liability insurance and asset management services. The St.
Paul reported 2002 revenues from continuing operations of $8.9 billion, total
assets of $39.9 billion and total capital of $9.3 billion. For more information
about The St. Paul ands its products and services, visit the company's web site,
CONTACT: The St. Paul Companies, Saint Paul
Mark Hamel, 651/310-3588
Laura Gagnon, 651/310-7696