James Schiro, Former Zurich CEO, Goldman Director, Dies at 68

Jim Schiro
Jim Schiro, chief executive officer of Zurich Financial Services, speaks at the grand opening of a new vocational school during charity activities at the Zurich Classic of New Orleans in 2009. Photographer: Stan Badz/US PGA TOUR/Getty

Aug. 15 (Bloomberg) -- James J. Schiro, who led Zurich Financial Services AG through the credit crisis and became Goldman Sachs Group Inc.’s lead independent director, has died. He was 68.

Schiro died Aug. 13 after a battle with cancer, according to a memo today to employees of New York-based Goldman Sachs.

Link to Company News:{GS US <Equity> CN <GO>} Link to Company News:{PEP US <Equity> CN <GO>} Link to Company News:{ZURN VX <Equity> CN <GO>}

To contact the reporter on this story: Michael J. Moore in New York at mmoore55@bloomberg.net

To contact the editor responsible for this story: Peter Eichenbaum at peichenbaum@bloomberg.net