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Peacock became CEO in February 2020 and is the first USAA CEO who is not a veteran of the armed forces. [27] USAA has announced that on April 2, 2025, Juan C. Andrade will step in as the new CEO. [28] USAA former CEOs include retired Air Force brigadier general Robert F. McDermott, who took the position in 1969. [29]
USAA also paid out $64 million to settle a class action lawsuit related to overcharging military members who were entitled to certain protections. ... Speaking to someone from the CEO's office may ...
Brigadier General Robert Francis McDermott (July 31, 1920 – August 28, 2006) was the first permanent Dean of the Faculty at the United States Air Force Academy, and later served as Chairman and CEO of USAA. He is often referred to as the "Father of Modern Military Education" for his contributions to that field.
He was the president and CEO of USAA from 2007 to 2015. [2] [3] He was born in Rio Piedras, Puerto Rico. [4] After working at USAA, he worked for periods of time on the boards of Christus Santa Rosa Hospital and the P16Plus Council of Greater Bexar County Foundation, as well as working on the Base Realignment and Closure Commission. [5]
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A private company, USAA ranks at No. 103 in the Fortune 500. For 2023, the company reported a net income of $1.2 billion and increased its net worth 6% year over year, reaching $29.1 billion.
John Rowe, chief executive officer of Aetna from 2000 to 2006 [27] V. J. Skutt, president and chief executive officer of Mutual of Omaha until 1984, [28] later named chairman emeritus [29] Brian Thompson, chief executive office of UnitedHealthcare from 2021 until his killing in 2024 [30] Bernard Tyson, former chief executive officer of Kaiser ...
USAA has offered financial products to serve veterans for 100 years, starting in 1922 when 25 Army officers in San Antonio decided to insure each other's vehicles. The bank continues to help ...