Wayne Peacock is the president and chief executive officer of USAA, with more than 30 years of experience at the company. Founded in 1922 as an insurance association serving military families, USAA is one of America’s leading financial services companies. It offers insurance, banking, and investment and retirement solutions to its more than 13 million members. The company is headquartered in San Antonio, with offices in the U.S. and Europe, and owns assets of approximately $200billion.
A proud USAA member for more than 30 years, Peacock joined the company in 1988 in its real estate investment subsidiary and has served on the Executive Council since 2006. During his tenure at USAA, he has led teams across the organization, including contact centers, information technology, shared services, strategy, marketing and communications, security, and corporate real estate. Before becoming CEO in February 2020, Peacock was president of USAA’s Property & Casualty Insurance Group, the fifth-largest auto insurance carrier and third-largest homeowners insurance carrier.
USAA ranks 94th on the Fortune 500 and 27th on Fortune’s World’s Most Admired Companies and sixth on its America's Best Employers for Veterans 2020 list. The company is committed to giving at least 1% of its pre-tax income to nonprofits, with 60% prioritized for military causes.
Peacock is a member of USAA’s Board of Directors and USAA’s Federal Savings Bank Board of Directors. He is a member of the Business Roundtable(BRT), an association of CEOs of America’s leading companies, and an inaugural member of the Federal Reserve Board’s Insurance Policy Advisory Committee. He also serves on the Board of Trustees of The Institutes, a risk management and insurance knowledge provider, and on the Board of Directors for the Insurance Information Institute. He is active in community, industry and trade groups, and is a proud Eagle Scout.
Peacock graduated from Tulane University with a Bachelor of Arts in Economics. He has completed executive education programs at Harvard, Duke and Stanford universities and the American Institute of CPCU Executive Education Program at the Wharton School of the University of Pennsylvania.