Mike Foley (born 1962, US Citizen) is a member of the Group Executive Committee, Chief Executive Officer (CEO) North America Commercial division of Zurich Financial Services Group (Zurich) and Regional Chairman North America. Mr. Foley joined Zurich in September 2006 as Chief Operating Officer of its North America Commercial business division, and in January 2008 was appointed CEO of that division.
In 1989, Mr. Foley joined the Deerpath Group investment banking firm in Lake Forest, Illinois, as an associate and became vice president responsible for managing the portfolio of equity investments in various acquired businesses. In 1993 he joined Electrocal, Inc. in Connecticut as president, and three years later moved to McKinsey & Company in Chicago as a principal, becoming leader of its North American property & casualty insurance practice.
Mr. Foley serves as a member of the Board of American Friends of Lucerne, as well as a member of the Civic Committee of The Commercial Club of Chicago.
Mr. Foley graduated in math and economics from Fairfield University, Connecticut. He joined the financial management training program of Armtek Corporation, Connecticut, in 1984, and later gained an MBA in marketing and finance from the JL Kellogg Graduate School of Management at Northwestern University in Evanston, Illinois.