Early Life and Education
Andrew H. Tisch was born on August 14, 1949, in the United States. He is the son of Wilma (Stein) Tisch and Laurence Tisch. His parents were of Jewish descent. Tisch attended Suffield Academy and earned a Bachelor of Science degree from Cornell University in 1971. He furthered his education by obtaining a Master of Business Administration from Harvard University in 1977.
Rise to Success
Tisch's career has been closely tied to Loews Corporation, the company founded by his father and uncle. He held positions at Bulova Watch Company, where he served as president from 1979 to 1989. He later became Chairman and CEO of Lorillard Tobacco Company from 1990 to 1995. A significant moment in his career was his 1994 testimony before the US Congress regarding the addictive nature of nicotine, reflecting the tobacco industry's stance at the time.
Key Business Strategies
Loews Corporation, under the leadership of the Tisch family, has employed a strategy of value investing and diversification. The company has expanded into various sectors, including insurance, hotels, energy, and pipelines. Tisch, along with his brother James and cousin Jonathan, has overseen operations across these diverse areas, contributing to the company's substantial revenue.
Philanthropy
Andrew Tisch is involved in numerous philanthropic endeavors. He supports organizations such as the City Parks Foundation (chairman), the Wildlife Conservation Society (trustee/secretary), and the New York City Police Foundation. He is also active in Jewish communal affairs through the American Jewish Joint Distribution Committee, Jewish Leadership Forum, and Jewish Business Leadership Forum. Tisch and his wife, Ann, have established a foundation supporting various causes.