What is your next act?
Thomas S. Schreier, Jr.
Founding Director, Inspired Leadership Initiative
Tom Schreier currently oversees the founding of the Inspired Leadership Initiative at the University of Notre Dame as its Founding Director. This will be a distinctive full-year program designed to allow accomplished individuals who have completed their traditional careers to discern and explore their next vocation.
His career began at Northwest Airlines in 1988 as Director, Finance. He rose to the position of Vice President of Finance, where he was responsible for corporate finance, pension oversight, cash management, and other related areas. From Northwest Tom went to Credit Suisse First Boston (CSFB) in New York, where he became a top-ranked senior equity analyst covering the global airline industry.
The opportunity arose to oversee all of equity research and become a member of the management committee at Piper Jaffray, where he was a key member of the team that brought the firm’s equity business to national prominence.
Tom was then asked and agreed to lead the turnaround of Piper’s asset management as its CEO and President. When Piper was sold from US Bank, the asset management business remained at US Bank and was rebranded under his leadership to FAF Advisors / First American Funds. During this period the firm grew to in excess of $100 billion in assets under management.
With full support of US Bank management Tom engineered the sale of FAF Advisors into Nuveen Investments, where he served as Chairman of Nuveen Asset Management, the firm’s largest investment adviser, and Vice Chairman of the parent company which grew to in excess of $225 billion in assets under management. Nuveen was acquired by a strategic buyer, TIAA, in October of 2014, and Tom passed the reins to new leadership in June of 2016.
Tom’s education includes a B.A. in economics and German from the University of Notre Dame and an M.B.A from Harvard University.
Currently Tom serves as Vice Chairman (Chairman commencing in 2018) of Allina Health, a leading health care system based in Minneapolis with over $3.4 billion in annual revenue, and also serves as a Trustee and Chairman of the Master Planning Committee of the Minneapolis Institute of Art. He is a member of the Applied Investment Management Advisory Board for the University of Notre Dame and a founding investor in Granite Global Ventures. While in the investment industry Tom was a long-standing member of the Board of Governors of the Investment Company Institute (ICI) and served on its Chairman’s Council. He also served as Vice Chairman of the Board for Pinnacle Airlines Corp. until it was acquired by Delta Air Lines. Additionally Tom is former Chairman of the Saint Thomas Academy Board of Trustees and continues to serve on its Finance and Investment Committees.